Saudi Arabia: Market for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process 2025

Market Size for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process in Saudi Arabia

The Saudi market for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process contracted markedly to less than $X in 2022, with a decrease of X% against the previous year. Overall, consumption continues to indicate a temperate expansion. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process in Saudi Arabia

In value terms, production of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process declined to $X in 2022 estimated in export price. Over the period under review, production saw a notable expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Exports from Saudi Arabia

After two years of decline, shipments abroad of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process increased by X% to X units in 2021. Overall, exports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports of reached the maximum at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process expanded sharply to $X in 2021. In general, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports of attained the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Nigeria (X units) was the main destination for exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process from Saudi Arabia, accounting for a X% share of total exports. Moreover, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process to Nigeria exceeded the volume sent to the second major destination, the United Arab Emirates (X units), sixfold. The third position in this ranking was held by India (X units), with an X% share.

From 2012 to 2021, the average annual growth rate of volume to Nigeria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and India (X% per year).

In value terms, Nigeria ($X) emerged as the key foreign market for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by Libya, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Nigeria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Libya (X% per year).

Export Prices by Country

The average export price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process stood at $X per unit in 2021, falling by X% against the previous year. In general, the export price, however, recorded measured growth. The growth pace was the most rapid in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the United Arab Emirates ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Imports into Saudi Arabia

In value terms, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process shrank to $X in 2022. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In value terms, China ($X), Germany ($X) and Italy ($X) were the largest machinery for material treatment by heating or cooling process suppliers to Saudi Arabia, together accounting for X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, 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.

Source: IndexBox Platform

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