Report Update Nov 1, 2024

Saudi Arabia - Endless Bands for Machinery, of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Endless Machinery Band Market 2024

Endless Machinery Band Market Size in Saudi Arabia

In 2021, the Saudi endless machinery band market increased by 57% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, showed a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Endless Machinery Band Production in Saudi Arabia

In value terms, endless machinery band production reduced modestly to $X in 2021 estimated in export price. In general, production showed a perceptible setback. The pace of growth was the most pronounced in 2015 with an increase of 11%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Endless Machinery Band Exports

Exports from Saudi Arabia

In 2021, shipments abroad of endless bands for machinery, of stainless steel decreased by -24% to X square meters, falling for the second year in a row after two years of growth. In general, exports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2019 with an increase of 854% against the previous year. As a result, the exports attained the peak of X square meters. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, endless machinery band exports shrank dramatically to $X in 2021. Over the period under review, exports continue to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2015 when exports increased by 1,196%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Lebanon (X square meters) was the main destination for endless machinery band exports from Saudi Arabia, accounting for a 71% share of total exports. Moreover, endless machinery band exports to Lebanon exceeded the volume sent to the second major destination, Sudan (X square meters), threefold. India (X square meters) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume to Lebanon totaled +75.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+101.5% per year) and India (0.0% per year).

In value terms, Serbia ($X), Lebanon ($X) and India ($X) constituted the largest markets for endless machinery band exported from Saudi Arabia worldwide, together accounting for 46% of total exports. Sudan and Bahrain lagged somewhat behind, together accounting for a further 8.5%.

Sudan, with a CAGR of +66.1%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average endless machinery band export price stood at $X per square meter in 2021, leveling off at the previous year. In general, the export price, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Serbia ($X per square meter), while the average price for exports to Lebanon ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (-5.6%), while the prices for the other major destinations experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for endless bands for machinery, of stainless steel in the world?

Romania constituted the country with the largest volume of endless machinery band consumption, comprising approx. 50% of total volume. Moreover, endless machinery band consumption in Romania exceeded the figures recorded by the second-largest consumer, Germany, fourfold. France ranked third in terms of total consumption with a 6.5% share.

What are the largest producers of endless bands for machinery, of stainless steel in the world?

The country with the largest volume of endless machinery band production was Romania, accounting for 48% of total volume. Moreover, endless machinery band production in Romania exceeded the figures recorded by the second-largest producer, Germany, fourfold. South Africa ranked third in terms of total production with a 7.2% share.

What are the leading importers of endless bands for machinery, of stainless steel from Saudi Arabia?

In value terms, Serbia, Bahrain $694) and Lebanon $630) were the largest markets for endless machinery band exported from Saudi Arabia worldwide, with a combined 51% share of total exports. These countries were followed by Sudan, which accounted for a further 6.4%.

What is the average export price for endless bands for machinery, of stainless steel in Saudi Arabia?

In 2021, the average endless machinery band export price amounted to $9.9 per square meter, increasing by 70% against the previous year.

This report provides an in-depth analysis of the endless machinery band 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 25931313 - Endless bands for machinery, of stainless steel

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