Saudi Arabia - Aluminium Tubes and Pipes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSaudi Arabia: Aluminium Tube Market 2024
Aluminium Tube Market Size in Saudi Arabia
The Saudi aluminium tube market contracted to $X in 2022, dropping by -13.7% against the previous year. Over the period under review, consumption showed a perceptible decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
Aluminium Tube Production in Saudi Arabia
In value terms, aluminium tube production reached $X in 2022 estimated in export price. Over the period under review, production recorded a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 343% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.
Aluminium Tube Exports
Exports from Saudi Arabia
In 2022, the amount of aluminium tubes and pipes exported from Saudi Arabia was estimated at X tons, surging by 6.2% against 2021. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by 653%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, aluminium tube exports shrank to $X in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 1,005% against the previous year. The exports peaked at $X in 2021, and then reduced in the following year.
Exports by Country
Oman (X tons) was the main destination for aluminium tube exports from Saudi Arabia, accounting for a 88% share of total exports. Moreover, aluminium tube exports to Oman exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), eightfold.
From 2012 to 2022, the average annual growth rate of volume to Oman totaled +88.9%.
In value terms, Oman ($X) remains the key foreign market for aluminium tubes and pipes exports from Saudi Arabia, comprising 90% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 9.8% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to Oman stood at +90.6%.
Export Prices by Country
In 2022, the average aluminium tube export price amounted to $X per ton, reducing by -11.5% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium tube export price increased by +13.0% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 47%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then dropped in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to the United Arab Emirates totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+0.9%).
Aluminium Tube Imports
Imports into Saudi Arabia
In 2018, imports of aluminium tubes and pipes into Saudi Arabia contracted sharply to X tons, falling by -30.1% compared with the previous year's figure. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 198%. As a result, imports attained the peak of X tons. From 2016 to 2018, the growth of imports remained at a somewhat lower figure.
In value terms, aluminium tube imports skyrocketed to $X in 2018. In general, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2015 with an increase of 266%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.
Imports by Country
China (X tons) and the United States (X tons) were the main suppliers of aluminium tube imports to Saudi Arabia.
From 2012 to 2018, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +3.3%).
In value terms, the United States ($X) constituted the largest supplier of aluminium tubes and pipes to Saudi Arabia, comprising 65% of total imports. The second position in the ranking was taken by China ($X), with a 25% share of total imports.
From 2012 to 2018, the average annual rate of growth in terms of value from the United States totaled +6.9%.
Import Prices by Country
In 2018, the average aluminium tube import price amounted to $X per ton, jumping by 110% against the previous year. In general, the import price, however, recorded a pronounced reduction. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2018, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2018, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China stood at $X per ton.
From 2012 to 2018, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+522.1%), while the prices for the other major suppliers experienced mixed trend patterns.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the aluminium tube 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 24422630 - Aluminium tubes and pipes (excluding hollow profiles, tube or pipe fittings, flexible tubing, tubes and pipes prepared for use in structures, machinery or vehicle parts, or the like)
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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