Saudi Arabia: Concrete Pump Market 2025

Concrete Pump Market Size in Saudi Arabia

In 2021, the Saudi concrete pump market increased by 254% to $X, rising for the third consecutive year after three years of decline. Overall, consumption showed a significant expansion. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the near future.

Concrete Pump Exports

Exports from Saudi Arabia

In 2021, approx. X units of concrete pumps were exported from Saudi Arabia; growing by 67% against 2020. Overall, exports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2016 with an increase of 233% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, concrete pump exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2016 with an increase of 231% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units), Yemen (X units) and Bahrain (X units) were the main destinations of concrete pump exports from Saudi Arabia, together accounting for 73% of total exports. Moreover, concrete pump exports in the United Arab Emirates exceeded the figures recorded by the second-largest exporter, Yemen, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +13.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for concrete pump exported from Saudi Arabia were Bahrain ($X), Kuwait ($X) and the United Arab Emirates ($X), together comprising 50% of total exports. These countries were followed by Singapore, Yemen, Egypt, Iraq, Oman and Sudan, which together accounted for a further 39%.

Among the main countries of destination, Singapore, with a CAGR of +33.9%, saw 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 concrete pump export price stood at $X per unit in 2021, jumping by 31% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, concrete pump export price increased by +63.5% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 49% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Egypt ($X per unit), while the average price for exports to Sudan ($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 (+45.5%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Pump Imports

Imports into Saudi Arabia

In 2021, purchases abroad of concrete pumps increased by 255% to X units, rising for the third year in a row after three years of decline. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 451% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, concrete pump imports expanded notably to $X in 2021. Overall, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 152%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of concrete pump to Saudi Arabia, accounting for a 1,341% share of total imports. Moreover, concrete pump imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), more than tenfold. The third position in this ranking was taken by India (X units), with a 59% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +114.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (0.0% per year) and India (+804.2% per year).

In value terms, China ($X) constituted the largest supplier of concrete pumps to Saudi Arabia, comprising 32% of total imports. The second position in the ranking was taken by Italy ($X), with a 5.7% share of total imports. It was followed by India, with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-6.7% per year) and India (-50.1% per year).

Import Prices by Country

The average concrete pump import price stood at $X per unit in 2021, shrinking by -68.8% against the previous year. Overall, the import price continues to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by 150%. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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