Report Update Nov 1, 2024

Saudi Arabia - Coal or Rock Cutters and Tunnelling Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Rock Cutter Market 2024

Rock Cutter Market Size in Saudi Arabia

The Saudi rock cutter market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption posted a pronounced increase. Rock cutter consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Rock Cutter Production in Saudi Arabia

In value terms, rock cutter production stood at $X in 2022 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.4% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 40%. Rock cutter production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Rock Cutter Exports

Exports from Saudi Arabia

In 2022, after three years of growth, there was significant decline in shipments abroad of coal or rock cutters and tunnelling machinery, when their volume decreased by -53.7% to X units. Over the period under review, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 499%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, rock cutter exports fell rapidly to $X in 2022. In general, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 when exports increased by 460% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X units) and Bahrain (X units) were the main destinations of rock cutter exports from Saudi Arabia.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +95.9%).

In value terms, the largest markets for rock cutter exported from Saudi Arabia were Oman ($X) and Bahrain ($X).

Among the main countries of destination, Oman, with a CAGR of +100.5%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average rock cutter export price stood at $X per unit in 2022, increasing by 37% against the previous year. In general, the export price recorded a slight expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 69%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per unit), while the average price for exports to Oman totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Rock Cutter Imports

Imports into Saudi Arabia

In value terms, rock cutter imports declined markedly to $X in 2022. Over the period under review, imports continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 479% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In value terms, Germany ($X) constituted the largest supplier of coal or rock cutters and tunnelling machinery to Saudi Arabia.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +20.2%.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for coal or rock cutters and tunnelling machinery in the world?

The countries with the highest volumes of rock cutter consumption in 2020 were Belarus, Germany and Georgia, together comprising 46% of global consumption.

What are the largest producers of coal or rock cutters and tunnelling machinery in the world?

The country with the largest volume of rock cutter production was Germany, comprising approx. 63% of total volume. Moreover, rock cutter production in Germany exceeded the figures recorded by the second-largest producer, Japan, eightfold. China ranked third in terms of total production with a 5.2% share.

What are the leading suppliers of coal or rock cutters and tunnelling machinery to Saudi Arabia?

In value terms, Germany constituted the largest supplier of rock cutter to Saudi Arabia, comprising 31% of total imports. The second position in the ranking was occupied by the United States, with an 11% share of total imports. It was followed by South Korea, with a 10% share.

What are the leading importers of coal or rock cutters and tunnelling machinery from Saudi Arabia?

In value terms, Germany remains the key foreign market for rock cutter exports from Saudi Arabia, comprising 85% of total exports. The second position in the ranking was occupied by the United Arab Emirates, with a 6.2% share of total exports. It was followed by Turkey, with a 2.8% share.

What is the average export price for coal or rock cutters and tunnelling machinery in Saudi Arabia?

The average rock cutter export price stood at $766 per unit in 2020, increasing by 18% against the previous year.

What is the average import price for coal or rock cutters and tunnelling machinery in Saudi Arabia?

The average rock cutter import price stood at $256 per unit in 2010, growing by 48% against the previous year.

This report provides an in-depth analysis of the rock cutter 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 28921235 - Coal or rock cutters and tunnelling machinery (excluding selfpropelled)

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