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Saudi Arabia - Mechanical Stokers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSaudi Arabia: Mechanical Stoker Market 2024
Mechanical Stoker Market Size in Saudi Arabia
The Saudi mechanical stoker market reduced rapidly to less than $X in 2022, falling by 99.9% against the previous year. In general, consumption saw a significant expansion. Over the period under review, the market reached the maximum level at $X in 2021, and then dropped rapidly in the following year.
Mechanical Stoker Production in Saudi Arabia
In value terms, mechanical stoker production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production recorded significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 294% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.
Mechanical Stoker Exports
Exports from Saudi Arabia
In 2021, approx. X kg of mechanical stokers were exported from Saudi Arabia; remaining constant against 2020. Overall, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 88%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.
In value terms, mechanical stoker exports stood at $X in 2021. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2016 when exports increased by 212% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
The UK (X kg) was the main destination for mechanical stoker exports from Saudi Arabia, with a approx. 3.2% share of total exports.
From 2013 to 2021, the average annual growth rate of volume to the UK amounted to -64.6%.
From 2013 to 2021, the average annual growth rate of value to the UK totaled -17.5%.
Export Prices by Country
The average mechanical stoker export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate significant growth. The growth pace was the most rapid in 2015 when the average export price increased by 181% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2013 to 2021, the rate of growth in terms of prices for the UK amounted to +133.2% per year.
Mechanical Stoker Imports
Imports into Saudi Arabia
In 2020, imports of mechanical stokers into Saudi Arabia amounted to X tons, almost unchanged from the previous year. Overall, imports showed a dramatic decline. The pace of growth was the most pronounced in 2016 with an increase of 145%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2020, imports remained at a lower figure.
In value terms, mechanical stoker imports stood at $X in 2020. Over the period under review, imports faced a deep downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 106% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.
Imports by Country
In 2020, Luxembourg (X tons) constituted the largest mechanical stoker supplier to Saudi Arabia, with a 46% share of total imports. Moreover, mechanical stoker imports from Luxembourg exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), threefold. The third position in this ranking was held by the United States (X tons), with a 7.7% share.
From 2012 to 2020, the average annual growth rate of volume from Luxembourg totaled +41.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (0.0% per year) and the United States (-31.1% per year).
In value terms, Luxembourg ($X) constituted the largest supplier of mechanical stokers to Saudi Arabia, comprising 36% of total imports. The second position in the ranking was held by the United States ($X), with a 13% share of total imports. It was followed by Italy, with a 12% share.
From 2012 to 2020, the average annual growth rate of value from Luxembourg stood at +26.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-24.6% per year) and Italy (-2.2% per year).
Import Prices by Country
The average mechanical stoker import price stood at $X per ton in 2020, flattening at the previous year. Over the period under review, the import price recorded a strong increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 47%. The import price peaked in 2020 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands (+38.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the mechanical stoker 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 28211170 - Mechanical stokers (including their mechanical grates, m echanical ash dischargers and similar appliances)
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
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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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