Saudi Arabia - Ferro-Cerium and Pyrophoric Alloys - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSaudi Arabia: Market for Ferro-Cerium And Pyrophoric Alloys 2024
Market Size for Ferro-Cerium And Pyrophoric Alloys in Saudi Arabia
The Saudi ferro-cerium and pyrophoric alloys market declined dramatically to $X in 2021, waning by -30.9% against the previous year. Over the period under review, consumption, however, saw a resilient increase. Ferro-cerium and pyrophoric alloys consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.
Production of Ferro-Cerium And Pyrophoric Alloys in Saudi Arabia
In value terms, ferro-cerium and pyrophoric alloys production dropped markedly to $X in 2021 estimated in export price. Over the period under review, production, however, saw resilient growth. The pace of growth was the most pronounced in 2013 when the production volume increased by 169% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.
Exports of Ferro-Cerium And Pyrophoric Alloys
Exports from Saudi Arabia
In 2020, shipments abroad of ferro-cerium and pyrophoric alloys increased by 58% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, saw a deep contraction. The growth pace was the most rapid in 2019 with an increase of 373% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.
In value terms, ferro-cerium and pyrophoric alloys exports surged to $X in 2020. Overall, exports, however, recorded a abrupt decline. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports failed to regain momentum.
Exports by Country
Oman (X tons) was the main destination for ferro-cerium and pyrophoric alloys exports from Saudi Arabia, accounting for a approx. 100% share of total exports.
From 2012 to 2020, the average annual rate of growth in terms of volume to Oman stood at +9.4%.
In value terms, Oman ($X) emerged as the key foreign market for ferro-cerium and pyrophoric alloys exports from Saudi Arabia.
From 2012 to 2020, the average annual rate of growth in terms of value to Oman amounted to +38.4%.
Export Prices by Country
In 2020, the average ferro-cerium and pyrophoric alloys export price amounted to $X per ton, rising by 68% against the previous year. Overall, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 132%. The export price peaked at $X per ton in 2015; however, from 2016 to 2020, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Oman.
From 2012 to 2020, the rate of growth in terms of prices for Oman amounted to +26.5% per year.
Imports of Ferro-Cerium And Pyrophoric Alloys
Imports into Saudi Arabia
In 2020, the amount of ferro-cerium and pyrophoric alloys imported into Saudi Arabia was estimated at X tons, almost unchanged from 2019. In general, imports posted resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 70%. As a result, imports reached the peak of X tons; afterwards, it flattened through to 2020.
In value terms, ferro-cerium and pyrophoric alloys imports amounted to $X in 2020. Over the period under review, imports recorded a resilient increase. The pace of growth was the most pronounced in 2014 when imports increased by 31% against the previous year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the immediate term.
Imports by Country
In 2020, the UK (X tons) constituted the largest supplier of ferro-cerium and pyrophoric alloys to Saudi Arabia, accounting for a 69% share of total imports. Moreover, ferro-cerium and pyrophoric alloys imports from the UK exceeded the figures recorded by the second-largest supplier, China (X tons), threefold.
From 2012 to 2020, the average annual growth rate of volume from the UK amounted to +11.4%.
In value terms, the UK ($X) constituted the largest supplier of ferro-cerium and pyrophoric alloys to Saudi Arabia, comprising 60% of total imports. The second position in the ranking was held by China ($X), with a 26% share of total imports.
From 2012 to 2020, the average annual growth rate of value from the UK totaled +21.7%.
Import Prices by Country
The average ferro-cerium and pyrophoric alloys import price stood at $X per ton in 2020, remaining constant against the previous year. Overall, the import price posted a perceptible expansion. The pace of growth was the most pronounced in 2014 an increase of 34% against the previous year. The import price peaked in 2020 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for ferro-cerium and pyrophoric alloys 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 32994210 - Ferro-cerium, pyrophoric alloys, articles of combustible materials, n.e.c.
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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