Report Update Nov 1, 2024

Saudi Arabia - Bending or Assembling Machines - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Wood Bending Machine Market 2024

Wood Bending Machine Market Size in Saudi Arabia

In 2021, the Saudi wood bending machine market decreased by -74.4% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption showed a drastic downturn. Wood bending machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Wood Bending Machine Production in Saudi Arabia

In value terms, wood bending machine production stood at $X in 2021 estimated in export price. In general, production continues to indicate a deep reduction. Wood bending machine production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Wood Bending Machine Exports

Exports from Saudi Arabia

After two years of decline, shipments abroad of bending or assembling machines increased by 575% to X units in 2021. Overall, exports posted a buoyant expansion. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood bending machine exports skyrocketed to $X in 2021. In general, exports, however, showed a deep downturn. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Jordan (X units) was the main destination for wood bending machine exports from Saudi Arabia, accounting for a 56% share of total exports. Moreover, wood bending machine exports to Jordan exceeded the volume sent to the second major destination, Oman (X units), fourfold. The United Arab Emirates (X units) ranked third in terms of total exports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Jordan amounted to +35.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+16.7% per year) and the United Arab Emirates (0.0% per year).

In value terms, the largest markets for wood bending machine exported from Saudi Arabia were Jordan ($X), the United Arab Emirates ($X) and Oman ($X), with a combined 93% share of total exports. Kuwait and Bahrain lagged somewhat behind, together comprising a further 7.4%.

Among the main countries of destination, Kuwait, with a CAGR of +711.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wood bending machine export price stood at $X per unit in 2021, therefore, remained relatively stable against the previous year. Overall, the export price, however, saw a significant decrease. The growth pace was the most rapid in 2019 an increase of 57%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Bahrain ($X per unit), while the average price for exports to Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+172.6%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Bending Machine Imports

Imports into Saudi Arabia

In 2021, the amount of bending or assembling machines imported into Saudi Arabia totaled less than X units, remaining relatively unchanged against the previous year. Overall, imports saw a relatively flat trend pattern.

In value terms, wood bending machine imports fell notably to less than $X in 2021. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by 92%. Over the period under review, imports reached the maximum at $X in 2020, and then dropped dramatically in the following year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bending or assembling machines in the world?

South Africa constituted the country with the largest volume of wood bending machine consumption, accounting for 71% of total volume. Moreover, wood bending machine consumption in South Africa exceeded the figures recorded by the second-largest consumer, Brazil, fourfold. The third position in this ranking was occupied by the United States, with a 3.4% share.

What are the largest producers of bending or assembling machines in the world?

The countries with the highest volumes of wood bending machine production in 2021 were Austria, China and Germany, with a combined 48% share of global production.

What are the leading importers of bending or assembling machines from Saudi Arabia?

In value terms, the United Arab Emirates remains the key foreign market for wood bending machine exports from Saudi Arabia.

What is the average export price for bending or assembling machines in Saudi Arabia?

The average wood bending machine export price stood at $1,645 per unit in 2021, approximately mirroring the previous year.

This report provides an in-depth analysis of the wood bending machine 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 28491265 - Bending or assembling machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials

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