Report Update Nov 1, 2024

Saudi Arabia - Iron or Steel Anchors, Grapnels - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Market for Iron Or Steel Anchors, Grapnels 2024

Market Size for Iron Or Steel Anchors, Grapnels in Saudi Arabia

The Saudi metal anchors and grapnels market shrank slightly to $X in 2022, approximately mirroring the previous year. In general, consumption enjoyed a remarkable increase. Metal anchors and grapnels consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Iron Or Steel Anchors, Grapnels in Saudi Arabia

In value terms, metal anchors and grapnels production reduced to $X in 2022 estimated in export price. In general, production, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of 49%. Metal anchors and grapnels production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Iron Or Steel Anchors, Grapnels

Exports from Saudi Arabia

After ten years of growth, overseas shipments of iron or steel anchors, grapnels decreased by -43.6% to X units in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,350% against the previous year. As a result, the exports reached the peak of X units, and then contracted sharply in the following year.

In value terms, metal anchors and grapnels exports dropped rapidly to $X in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 388%. As a result, the exports attained the peak of $X, and then fell markedly in the following year.

Exports by Country

Oman (X units) was the main destination for metal anchors and grapnels exports from Saudi Arabia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Oman totaled +236.8%.

In value terms, Oman ($X) emerged as the key foreign market for iron or steel anchors, grapnels exports from Saudi Arabia.

From 2012 to 2022, the average annual growth rate of value to Oman totaled +161.6%.

Export Prices by Country

In 2022, the average metal anchors and grapnels export price amounted to $X per unit, growing by 6.9% against the previous year. Overall, the export price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 9.7% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average 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 2022, the rate of growth in terms of prices for Oman amounted to -22.3% per year.

Imports of Iron Or Steel Anchors, Grapnels

Imports into Saudi Arabia

In value terms, metal anchors and grapnels imports rose markedly to $X in 2022. Overall, imports continue to indicate a tangible expansion. The pace of growth was the most pronounced in 2015 when imports increased by 50%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In value terms, the Netherlands ($X), the United Arab Emirates ($X) and China ($X) were the largest metal anchors and grapnels suppliers to Saudi Arabia, with a combined 80% share of total imports.

The Netherlands, with a CAGR of +27.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel anchors, grapnels in the world?

The countries with the highest volumes of metal anchors and grapnels consumption in 2021 were China, the United States and India, together comprising 48% of global consumption.

What are the largest producers of iron or steel anchors, grapnels in the world?

China remains the largest metal anchors and grapnels producing country worldwide, accounting for 32% of total volume. Moreover, metal anchors and grapnels production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with an 11% share.

What are the leading suppliers of iron or steel anchors, grapnels to Saudi Arabia?

In value terms, the Netherlands constituted the largest supplier of metal anchors and grapnels to Saudi Arabia, comprising 32% of total imports. The second position in the ranking was occupied by China, with a 12% share of total imports. It was followed by France, with a 9% share.

What are the leading importers of iron or steel anchors, grapnels from Saudi Arabia?

In value terms, the United Arab Emirates remains the key foreign market for metal anchors and grapnels exports from Saudi Arabia, comprising 70% of total exports. The second position in the ranking was occupied by Kuwait, with a 28% share of total exports.

What is the average export price for iron or steel anchors, grapnels in Saudi Arabia?

In 2021, the average metal anchors and grapnels export price amounted to $1.2 per unit, with an increase of 13% against the previous year.

What is the average import price for iron or steel anchors, grapnels in Saudi Arabia?

In 2021, the average metal anchors and grapnels import price amounted to $2.8 per unit, dropping by -8.5% against the previous year.

This report provides an in-depth analysis of the market for metal anchors and grapnels 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 25992911 - Iron or steel anchors, grapnels and parts thereof (excluding masonry anchors)

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