Saudi Arabia: Ironing Machine Market 2022

Ironing Machine Market Size in Saudi Arabia

In 2021, after two years of growth, there was significant decline in the Saudi ironing machine market, when its value decreased by -X% to $X. Over the period under review, consumption recorded a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Ironing Machine Exports

Exports from Saudi Arabia

Ironing machine exports from Saudi Arabia shrank markedly to X units in 2021, which is down by -X% against the previous year. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, ironing machine exports declined remarkably to $X in 2021. Overall, exports, however, posted mild growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for ironing machine exports from Saudi Arabia, with a X% share of total exports. Moreover, ironing machine exports to the United Arab Emirates exceeded the volume sent to the second major destination, Yemen (X units), threefold. The third position in this ranking was taken by Bahrain (X units), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+X% per year) and Bahrain (+X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for ironing machine exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was held by Bahrain ($X), with a X% share of total exports. It was followed by Yemen, with a X% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+X% per year) and Yemen (+X% per year).

Export Prices by Country

The average ironing machine export price stood at $X per unit in 2021, waning by -X% against the previous year. In general, the export price, however, saw resilient growth. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price reached the peak level of $X per unit, and then fell in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Bahrain ($X per unit), while the average price for exports to Ghana ($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 the United Arab Emirates (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Ironing Machine Imports

Imports into Saudi Arabia

In 2021, supplies from abroad of ironing machines and presses decreased by -X% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, ironing machine imports contracted to $X in 2021. In general, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of ironing machine to Saudi Arabia, accounting for a X% share of total imports. Moreover, ironing machine imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), tenfold. France (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and France (+X% per year).

In value terms, China ($X), Italy ($X) and the United Arab Emirates ($X) were the largest ironing machine suppliers to Saudi Arabia, together comprising X% of total imports.

Italy, with a CAGR of +X%, 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

In 2021, the average ironing machine import price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price showed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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