Report Update Feb 1, 2025

Saudi Arabia - Iron or Steel Solid Fuel Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Market for Iron Or Steel Solid Fuel Domestic Appliances 2025

Market Size for Iron Or Steel Solid Fuel Domestic Appliances in Saudi Arabia

The Saudi metal solid fuel appliances market expanded rapidly to $X in 2022, with an increase of 8.9% against the previous year. Over the period under review, consumption, however, showed a pronounced decrease. Metal solid fuel appliances consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Iron Or Steel Solid Fuel Domestic Appliances in Saudi Arabia

In value terms, metal solid fuel appliances production rose significantly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced setback. The growth pace was the most rapid in 2020 with an increase of 53%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Iron Or Steel Solid Fuel Domestic Appliances

Exports from Saudi Arabia

In 2022, shipments abroad of iron or steel solid fuel domestic appliances increased by 42% to X units for the first time since 2018, thus ending a three-year declining trend. In general, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of 391%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal solid fuel appliances exports shrank markedly to $X in 2022. Overall, exports showed a strong increase. The most prominent rate of growth was recorded in 2015 when exports increased by 667%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X units) was the main destination for metal solid fuel appliances exports from Saudi Arabia, with a 82% share of total exports. Moreover, metal solid fuel appliances exports to Turkey exceeded the volume sent to the second major destination, Tanzania (X units), more than tenfold. The third position in this ranking was taken by Jordan (X units), with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey totaled +32.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (0.0% per year) and Jordan (-11.5% per year).

In value terms, Turkey ($X) emerged as the key foreign market for iron or steel solid fuel domestic appliances exports from Saudi Arabia, comprising 99% of total exports. The second position in the ranking was held by Tanzania ($X), with a 0.8% share of total exports. It was followed by Jordan, with a 0.1% share.

From 2012 to 2022, the average annual growth rate of value to Turkey totaled +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+176.2% per year) and Jordan (-41.6% per year).

Export Prices by Country

The average metal solid fuel appliances export price stood at $X per unit in 2022, with a decrease of -41.6% against the previous year. Over the period under review, the export price, however, posted a prominent expansion. The growth pace was the most rapid in 2015 when the average export price increased by 188%. The export price peaked at $X per unit in 2021, and then shrank sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+176.2%), while the prices for the other major destinations experienced a decline.

Imports of Iron Or Steel Solid Fuel Domestic Appliances

Imports into Saudi Arabia

In value terms, metal solid fuel appliances imports soared to $X in 2014. Overall, total imports indicated a significant increase from 2012 to 2014: its value increased at an average annual rate of +29.8% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2014 figures, imports increased by +68.4% against 2012 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In value terms, China ($X) constituted the largest supplier of iron or steel solid fuel domestic appliances to Saudi Arabia, comprising 75% of total imports. The second position in the ranking was taken by Italy ($X), with an 18% share of total imports.

From 2012 to 2014, the average annual rate of growth in terms of value from China totaled +28.3%.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel solid fuel domestic appliances in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 56% share of global consumption. The UK, Russia, Germany, Mexico, the Netherlands, South Korea and Canada lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of iron or steel solid fuel domestic appliances in the world?

China constituted the country with the largest volume of metal solid fuel appliances production, comprising approx. 51% of total volume. Moreover, metal solid fuel appliances production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Russia ranked third in terms of total production with a 5.4% share.

What are the leading importers of iron or steel solid fuel domestic appliances from Saudi Arabia?

In value terms, Jordan $265) remains the key foreign market for metal solid fuel appliances exports from Saudi Arabia, comprising 70% of total exports. The second position in the ranking was occupied by Lebanon $84), with a 22% share of total exports. It was followed by Morocco, with a 0.8% share.

What is the average export price for iron or steel solid fuel domestic appliances in Saudi Arabia?

In 2019, the average metal solid fuel appliances export price amounted to $655 per unit, rising by 68% against the previous year.

This report provides an in-depth analysis of the market for metal solid fuel appliances 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 27521270 - Iron or steel solid fuel domestic appliances, including heaters, g rates, fires and braziers (excluding cooking appliances and plate warmers)

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024