Report Update Nov 1, 2024

Saudi Arabia - Chain and Parts Thereof of Copper - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Copper Chain Market 2024

Copper Chain Market Size in Saudi Arabia

The Saudi copper chain market soared to $X in 2022, rising by 22% against the previous year. Overall, consumption showed significant growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Copper Chain Production in Saudi Arabia

In value terms, copper chain production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 8.1% against the previous year. Copper chain production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Copper Chain Exports

Exports from Saudi Arabia

In 2021, approx. X kg of chain and parts thereof of copper were exported from Saudi Arabia; which is down by -98.5% against the previous year. In general, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when exports increased by 411%. The exports peaked at X tons in 2020, and then reduced markedly in the following year.

In value terms, copper chain exports reduced notably to $X in 2021. Overall, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2014 when exports increased by 191%. The exports peaked at $X in 2020, and then declined dramatically in the following year.

Copper Chain Imports

Imports into Saudi Arabia

In 2022, the amount of chain and parts thereof of copper imported into Saudi Arabia soared to X tons, picking up by 20% against 2021. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 378%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, copper chain imports surged to $X in 2022. In general, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 151% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest copper chain supplier to Saudi Arabia, with a 69% share of total imports. Moreover, copper chain imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fivefold. The third position in this ranking was taken by the United States (X tons), with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +39.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+6.1% per year) and the United States (+11.2% per year).

In value terms, China ($X), the United States ($X) and India ($X) were the largest copper chain suppliers to Saudi Arabia, with a combined 76% share of total imports. Italy, Taiwan (Chinese) and the United Arab Emirates lagged somewhat behind, together accounting for a further 22%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +74.2%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average copper chain import price amounted to $X per ton, with an increase of 6% against the previous year. Overall, the import price, however, showed a noticeable reduction. The growth pace was the most rapid in 2013 when the average import price increased by 241% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by India (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chain and parts thereof of copper in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 62% share of global consumption.

What are the largest producers of chain and parts thereof of copper in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 64% of global production.

What are the leading suppliers of chain and parts thereof of copper to Saudi Arabia?

In value terms, China constituted the largest supplier of copper chain to Saudi Arabia, comprising 57% of total imports. The second position in the ranking was occupied by Italy, with an 11% share of total imports. It was followed by Germany, with a 4.3% share.

What is the average export price for chain and parts thereof of copper in Saudi Arabia?

The average copper chain export price stood at $133,431 per ton in 2020, approximately equating the previous year.

What is the average import price for chain and parts thereof of copper in Saudi Arabia?

In 2021, the average copper chain import price amounted to $9,651 per ton, shrinking by -7.5% against the previous year.

This report provides an in-depth analysis of the copper chain 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 25931770 - Chain and parts thereof of copper

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