Saudi Arabia - Vacuum Pumps - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVacuum Pump Price in Saudi Arabia - 2021
Contents:
- Vacuum Pump Price in Saudi Arabia (CIF) - 2022
- Vacuum Pump Price in Saudi Arabia (FOB) - 2022
- Vacuum Pump Imports in Saudi Arabia
- Vacuum Pump Exports in Saudi Arabia
Vacuum Pump Price in Saudi Arabia (CIF) - 2022
The average vacuum pump import price stood at $1,287 per unit in 2022, approximately reflecting the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vacuum pump import price decreased by -15.2% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 58%. As a result, import price reached the peak level of $1,517 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($3,297 per unit), while the price for Turkey ($172 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Vacuum Pump Price in Saudi Arabia (FOB) - 2022
In 2022, the average vacuum pump export price amounted to $265 per unit, reducing by -8.5% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 102% against the previous year. The export price peaked at $534 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($448 per unit), while the average price for exports to Egypt ($235 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Vacuum Pump Imports in Saudi Arabia
In 2022, vacuum pump imports into Saudi Arabia surged to 53K units, growing by 79% against 2021 figures. Overall, imports, however, showed a abrupt curtailment. Over the period under review, imports reached the maximum at 73K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, vacuum pump imports skyrocketed to $68M in 2022. In general, imports, however, recorded a noticeable descent. Over the period under review, imports hit record highs at $98M in 2020; however, from 2021 to 2022, imports failed to regain momentum.
Import of Vacuum Pump in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 22.0 | 11.2 | 4.9 | 12.3 | -17.6% |
China | 10.9 | 10.7 | 10.3 | 10.3 | -1.9% |
United States | 6.2 | 11.8 | 2.9 | 6.8 | 3.1% |
South Korea | 4.0 | 14.5 | 0.5 | 6.1 | 15.1% |
Germany | 7.2 | 7.1 | 3.9 | 5.9 | -6.4% |
India | 6.0 | 2.0 | 2.9 | 3.5 | -16.4% |
Turkey | 1.4 | 1.3 | N/A | 1.3 | -2.4% |
Others | 19.1 | 39.7 | 12.7 | 21.9 | 4.7% |
Total | 76.7 | 98.1 | 38.2 | 68.2 | -3.8% |
Top Suppliers of Vacuum Pump to Saudi Arabia in 2022:
- South Korea (8.2K units)
- Turkey (7.4K units)
- India (7.4K units)
- Italy (7.1K units)
- United States (6.1K units)
- China (4.2K units)
- Germany (1.8K units)
Vacuum Pump Exports in Saudi Arabia
In 2022, the amount of vacuum pumps exported from Saudi Arabia dropped significantly to 3.7K units, which is down by -18.6% on the previous year's figure. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 226%. As a result, the exports reached the peak of 4.6K units, and then fell sharply in the following year.
In value terms, vacuum pump exports contracted markedly to $989K in 2022. Over the period under review, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 104%. As a result, the exports attained the peak of $1.3M, and then reduced notably in the following year.
Export of Vacuum Pump in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bahrain | 450 | 89.1 | 234 | 738 | 17.9% |
Egypt | 56.7 | 21.1 | 5.1 | 132 | 32.5% |
Kuwait | 136 | 17.0 | 13.5 | 119 | -4.4% |
United Arab Emirates | N/A | 120 | 584 | N/A | 386.7% |
Others | N/A | 403 | 490 | N/A | 21.6% |
Total | 642 | 651 | 1,327 | 989 | 15.5% |
Top Export Markets for Vacuum Pump from Saudi Arabia in 2022:
- Bahrain (2.9K units)
- Egypt (0.6K units)
- Kuwait (0.3K units)
This report provides an in-depth analysis of the vacuum pump market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28132170 - Rotary piston vacuum pumps, sliding vane rotary pumps, m olecular drag pumps, Roots pumps, diffusion pumps, c ryopumps and adsorption pumps
- Prodcom 28132190 - Liquid ring
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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