Saudi Arabia: Concrete-Mixer Lorry Market 2025

Concrete-Mixer Lorry Market Size in Saudi Arabia

After five years of growth, the Saudi concrete-mixer lorry market decreased by -20.8% to $X in 2022. In general, consumption faced a abrupt decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Concrete-Mixer Lorry Exports

Exports from Saudi Arabia

In 2021, after two years of decline, there was significant decline in shipments abroad of concrete-mixer lorries, when their volume decreased by -57.9% to X units. Over the period under review, exports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2014 with an increase of 275% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, concrete-mixer lorry exports dropped notably to $X in 2021. In general, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2014 when exports increased by 59% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for concrete-mixer lorry exports from Saudi Arabia, accounting for a 100% share of total exports. Moreover, concrete-mixer lorry exports to the United Arab Emirates exceeded the volume sent to the second major destination, Oman (X units), threefold. The third position in this ranking was taken by Jordan (X units), with a 25% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates totaled -3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-97.7% per year) and Jordan (0.0% per year).

In value terms, the United Arab Emirates ($X), Jordan ($X) and Oman ($X) were the largest markets for concrete-mixer lorry exported from Saudi Arabia worldwide, with a combined 91% share of total exports.

Among the main countries of destination, Jordan, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average concrete-mixer lorry export price stood at $X per unit in 2021, rising by 42% against the previous year. Over the period under review, the export price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 180%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Jordan ($X per unit), while the average price for exports to the United Arab Emirates ($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 Egypt (+2,967.6%), while the prices for the other major destinations experienced mixed trend patterns.

Concrete-Mixer Lorry Imports

Imports into Saudi Arabia

In 2022, supplies from abroad of concrete-mixer lorries decreased by -26.9% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2019 with an increase of 186% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, concrete-mixer lorry imports plummeted to $X in 2022. In general, imports faced a abrupt slump. The growth pace was the most rapid in 2019 with an increase of 139%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and the Netherlands (X units) were the main suppliers of concrete-mixer lorry imports to Saudi Arabia, together accounting for 87% of total imports. South Korea, Turkey and France lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +11.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the Netherlands ($X) appeared to be the largest concrete-mixer lorry suppliers to Saudi Arabia, with a combined 85% share of total imports. South Korea, France and Turkey lagged somewhat behind, together comprising a further 15%.

South Korea, with a CAGR of +12.9%, saw the highest growth rate of the value of imports, among the main suppliers 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 concrete-mixer lorry import price amounted to $X per unit, surging by 8% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concrete-mixer lorry import price increased by +13.4% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 29%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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 Netherlands ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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