Saudi Arabia: Hand Sieve Market 2024

Hand Sieve Market Size in Saudi Arabia

In 2022, the Saudi hand sieve market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, showed a noticeable decrease. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Hand Sieve Production in Saudi Arabia

In value terms, hand sieve production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated modest growth from 2012 to 2022: its value 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, production decreased by -28.3% against 2018 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 55% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Hand Sieve Exports

Exports from Saudi Arabia

After three years of growth, shipments abroad of hand sieves and hand riddles decreased by -8.3% to X units in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 2,480% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hand sieve exports fell slightly to $X in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 1,720%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Jordan (X units), Kuwait (X units) and the United Arab Emirates (X units) were the main destinations of hand sieve exports from Saudi Arabia.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Jordan (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, Kuwait ($X), Bahrain ($X) and Jordan ($X) appeared to be the largest markets for hand sieve exported from Saudi Arabia worldwide.

Bahrain, with a CAGR of 0.0%, saw the highest growth rate of 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

In 2021, the average hand sieve export price amounted to $X per unit, declining by -7.7% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 144%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($X per unit), while the average price for exports to Jordan ($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 Bahrain (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Sieve Imports

Imports into Saudi Arabia

Hand sieve imports into Saudi Arabia amounted to less than X units in 2014, remaining constant against 2013 figures. Overall, imports continue to indicate a relatively flat trend pattern.

In value terms, hand sieve imports soared to $X in 2014. Over the period under review, imports showed a deep contraction. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2014, imports failed to regain momentum.

Imports by Country

China (X units), Jordan (X units) and Syrian Arab Republic (X units) were the main suppliers of hand sieve imports to Saudi Arabia, together comprising 60% of total imports. France and the United States lagged somewhat behind, together accounting for a further 40%. Moreover, hand sieve imports in China exceeded the figures recorded by the second-largest supplier, Jordan, threefold.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +477.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hand sieve suppliers to Saudi Arabia were China ($X), France ($X) and the United States ($X), together comprising 60% of total imports. Jordan and Syrian Arab Republic lagged somewhat behind, together accounting for a further 40%.

Jordan, with a CAGR of +390.2%, recorded the highest rates of growth with regard to 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

The average hand sieve import price stood at less than $X per thousand units in 2021, approximately mirroring the previous year. In general, the import price recorded a relatively flat trend pattern.

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 the United States ($X per thousand units), while the price for Syrian Arab Republic ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+30.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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