Saudi Arabia: Agglomerated Powder Rod Market 2025

Agglomerated Powder Rod Market Size in Saudi Arabia

The Saudi agglomerated powder rod market fell markedly to $X in 2021, with a decrease of -49.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a abrupt slump. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Agglomerated Powder Rod Exports

Exports from Saudi Arabia

In 2021, overseas shipments of base metal wire and rods of agglomerated base powder increased by 36% to X tons, rising for the fourth year in a row after five years of decline. In general, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 870%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, agglomerated powder rod exports fell to $X in 2021. Overall, exports, however, continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2020 when exports increased by 570%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Jordan (X tons), Iraq (X tons) and the United Arab Emirates (X tons) were the main destinations of agglomerated powder rod exports from Saudi Arabia, with a combined 81% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Jordan (with a CAGR of +17.1%), while the other leaders experienced more modest paces of growth.

In value terms, Jordan ($X) remains the key foreign market for base metal wire and rods of agglomerated base powder exports from Saudi Arabia, comprising 55% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 14% share of total exports. It was followed by Bahrain, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value to Jordan totaled +22.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-34.0% per year) and Bahrain (-11.3% per year).

Export Prices by Country

In 2021, the average agglomerated powder rod export price amounted to $X per ton, with a decrease of -32.8% against the previous year. Overall, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 101%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per ton), while the average price for exports to Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Agglomerated Powder Rod Imports

Imports into Saudi Arabia

In 2021, the amount of base metal wire and rods of agglomerated base powder imported into Saudi Arabia shrank markedly to X tons, which is down by -47.9% on 2020. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 299%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, agglomerated powder rod imports fell dramatically to $X in 2021. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 435% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The Czech Republic (X tons), China (X tons) and Italy (X tons) were the main suppliers of agglomerated powder rod imports to Saudi Arabia, with a combined 63% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +12.5%), while purchases for the other leaders experienced a decline.

In value terms, the United States ($X), the United Arab Emirates ($X) and Italy ($X) appeared to be the largest agglomerated powder rod suppliers to Saudi Arabia, with a combined 51% share of total imports. The Czech Republic and China lagged somewhat behind, together comprising a further 21%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +7.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average agglomerated powder rod import price stood at $X per ton in 2021, with an increase of 6.6% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 34%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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