Saudi Arabia: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Saudi Arabia

The Saudi metal advertising sign market shrank remarkably to $X in 2020, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a deep slump. The pace of growth appeared the most rapid in 2009 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. From 2010 to 2020, the growth of the market remained at a lower figure.

Metal Advertising Sign Exports

Exports from Saudi Arabia

In 2020, approx. X tons of metal advertising signs were exported from Saudi Arabia; reducing by -X% against the year before. Overall, exports saw a abrupt descent. The pace of growth was the most pronounced in 2018 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tons in 2008; however, from 2009 to 2020, exports remained at a lower figure.

In value terms, metal advertising sign exports shrank to $X in 2020. Over the period under review, exports saw a abrupt setback. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Exports peaked at $X in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Qatar (X tons), Yemen (X tons) and Lebanon (X tons) were the main destinations of metal advertising sign exports from Saudi Arabia, together comprising X% of total exports.

From 2007 to 2020, the biggest increases were in Yemen, while shipments for the other leaders experienced a decline.

In value terms, Qatar ($X), the United Arab Emirates ($X) and Jordan ($X) constituted the largest markets for metal advertising sign exported from Saudi Arabia worldwide, together comprising X% of total exports. These countries were followed by Oman, Lebanon, Yemen and Kuwait, which together accounted for a further X the main countries of destination, Yemen recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average metal advertising sign export price stood at $X per ton in 2020, surging by X% against the previous year. Over the period under review, the export price posted a perceptible increase. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Over the period under review, average export prices reached the maximum in 2020 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Yemen ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Oman, while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into Saudi Arabia

In 2020, after two years of growth, there was significant decline in supplies from abroad of metal advertising signs, when their volume decreased by -X% to X tons. Overall, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2009 when imports increased by X% year-to-year. As a result, imports reached the peak of X tons. From 2010 to 2020, the growth imports remained at a lower figure.

In value terms, metal advertising sign imports declined significantly to $X in 2020. In general, imports recorded a deep slump. The pace of growth appeared the most rapid in 2009 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2010 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of metal advertising sign imports to Saudi Arabia, together accounting for X% of total imports. Ukraine, Turkey, Poland, India, Pakistan and the U.S. lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Ukraine (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United Arab Emirates ($X) and the U.S. ($X) were the largest metal advertising sign suppliers to Saudi Arabia, with a combined X% share of total imports. Turkey, India, Poland, Taiwan (Chinese), Ukraine and Pakistan lagged somewhat behind, together comprising a further X terms of the main suppliers, Ukraine saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average metal advertising sign import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2020 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Pakistan, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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