Report Update Nov 1, 2024

Saudi Arabia - Asbestos - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Asbestos Market 2022

Asbestos Market Size in Saudi Arabia

In 2020, the Saudi asbestos market increased by X% to $X, rising for the eighth year in a row after four years of decline. Over the period under review, consumption posted tangible growth. The most prominent rate of growth was recorded in 2013 when the market value increased by X% y-o-y. Asbestos consumption peaked in 2020 and is likely to continue growth in years to come.

Asbestos Production in Saudi Arabia

In value terms, asbestos production declined to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% against the previous year. Asbestos production peaked at $X in 2012; however, from 2013 to 2020, production failed to regain the momentum.

Asbestos Exports

Exports from Saudi Arabia

In 2020, overseas shipments of asbestos decreased by -X% to X tons, falling for the eighth year in a row after six years of growth. In general, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. Exports peaked at X tons in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, asbestos exports reduced markedly to $X in 2020. Overall, exports showed a pronounced shrinkage. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for asbestos exports from Saudi Arabia, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to India amounted to -X%.

In value terms, India ($X) also remains the key foreign market for asbestos exports from Saudi Arabia.

From 2007 to 2020, the average annual rate of growth in terms of value to India was relatively modest.

Export Prices by Country

The average asbestos export price stood at $X per ton in 2020, waning by -X% against the previous year. In general, export price indicated a pronounced increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, asbestos export price decreased by -X% against 2012 indices. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2007 to 2020, the rate of growth in terms of prices for India amounted to +X% per year.

Asbestos Imports

Imports into Saudi Arabia

For the seventh year in a row, Saudi Arabia recorded decline in supplies from abroad of asbestos, which decreased by -X% to X kg in 2020. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X tons in 2009; however, from 2010 to 2020, imports failed to regain the momentum.

In value terms, asbestos imports declined to $X in 2020. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2010, Canada (X tons) constituted the largest asbestos supplier to Saudi Arabia, accounting for a X% share of total imports. Moreover, asbestos imports from Canada exceeded the figures recorded by the second-largest supplier, Brazil (X kg), fourfold.

From 2007 to 2010, the average annual rate of growth in terms of volume from Canada amounted to -X%.

In value terms, Canada ($X) constituted the largest supplier of asbestos to Saudi Arabia, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports.

From 2007 to 2010, the average annual growth rate of value from Canada totaled -X%.

Import Prices by Country

The average asbestos import price stood at $X per ton in 2010, shrinking by -X% against the previous year. In general, the import price recorded a precipitous descent. The import price peaked at $X per ton in 2007; however, from 2008 to 2010, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2010, the country with the highest price was Brazil ($X per ton), while the price for Canada amounted to $X per ton.

From 2007 to 2010, the most notable rate of growth in terms of prices was attained by Brazil.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for asbestos in the world?

The countries with the highest volumes of in 2021 were India, China and Russia, together comprising 56% of global consumption. Maldives, Indonesia, Uzbekistan, Iran, Sri Lanka, Thailand, Vietnam, Kazakhstan and Bangladesh lagged somewhat behind, together comprising a further 34%.

What are the largest producers of asbestos in the world?

The country with the largest volume of asbestos production was Russia, comprising approx. 55% of total volume. Moreover, asbestos production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan, threefold. Brazil ranked third in terms of total production with an 11% share.

What are the leading suppliers of asbestos to Saudi Arabia?

In value terms, China $400) constituted the largest supplier of asbestos to Saudi Arabia.

What are the leading importers of asbestos from Saudi Arabia?

In value terms, India remains the key foreign market for asbestos exports from Saudi Arabia.

What is the average export price for asbestos in Saudi Arabia?

The average asbestos export price stood at $387 per ton in 2021, therefore, remained relatively stable against the previous year.

What is the average import price for asbestos in Saudi Arabia?

The average asbestos import price stood at $2,769 per ton in 2021, picking up by 9% against the previous year.

This report provides an in-depth analysis of the asbestos 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 2025.

Product coverage:

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023