Saudi Arabia: Market for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers 2025

Market Size for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Saudi Arabia

The Saudi market for iron or steel gas domestic cooking appliances and plate warmers was estimated at $X in 2022, with an increase of 5.1% against the previous year. In general, consumption recorded a resilient expansion. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Saudi Arabia

In value terms, production of iron or steel gas domestic cooking appliances and plate warmers rose modestly to $X in 2022 estimated in export price. Overall, production saw a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 70% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Exports from Saudi Arabia

After two years of growth, shipments abroad of iron or steel gas domestic cooking appliances and plate warmers decreased by -83.2% to X units in 2022. Overall, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 866% against the previous year. As a result, the exports reached the peak of X units, and then shrank remarkably in the following year.

In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers fell markedly to $X in 2022. In general, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 450% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for exports of iron or steel gas domestic cooking appliances and plate warmers from Saudi Arabia, with a 86% share of total exports. Moreover, exports of iron or steel gas domestic cooking appliances and plate warmers to the United Arab Emirates exceeded the volume sent to the second major destination, Egypt (X units), sixfold.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled +18.2%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for iron or steel gas domestic cooking appliances and plate warmers exports from Saudi Arabia, comprising 83% of total exports. The second position in the ranking was taken by Egypt ($X), with a 17% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates amounted to +16.6%.

Export Prices by Country

The average export price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, increasing by 251% against the previous year. Overall, the export price, however, saw a slight reduction. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per unit), while the average price for exports to the United Arab Emirates totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+80.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Imports into Saudi Arabia

In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers fell slightly to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +140.5% against 2018 indices. The pace of growth was the most pronounced in 2019 with an increase of 68%. Over the period under review, imports of attained the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In value terms, Italy ($X) constituted the largest supplier of iron or steel gas domestic cooking appliances and plate warmers to Saudi Arabia, comprising 52% of total imports. The second position in the ranking was taken by Egypt ($X), with a 22% share of total imports. It was followed by Turkey, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+1.1% per year) and Turkey (+19.9% per year).

Source: IndexBox Platform