Saudi Arabia - Mobile Lifting Frames on Tyres and Straddle Carriers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSaudi Arabia: Mobile Lifting Frame Market 2024
Mobile Lifting Frame Market Size in Saudi Arabia
In 2021, the Saudi mobile lifting frame market was finally on the rise to reach $X after four years of decline. Over the period under review, consumption, however, recorded a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.
Mobile Lifting Frame Production in Saudi Arabia
In value terms, mobile lifting frame production shrank to $X in 2021 estimated in export price. In general, production showed a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. Mobile lifting frame production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.
Mobile Lifting Frame Exports
Exports from Saudi Arabia
In 2021, exports of mobile lifting frames on tyres and straddle carriers from Saudi Arabia dropped notably to X units, with a decrease of -61.6% on 2020. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 687%. As a result, the exports reached the peak of X units, and then fell sharply in the following year.
In value terms, mobile lifting frame exports dropped sharply to $X in 2021. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 674% against the previous year. As a result, the exports reached the peak of $X, and then fell rapidly in the following year.
Exports by Country
Bahrain (X units), Egypt (X units) and the United Arab Emirates (X units) were the main destinations of mobile lifting frame exports from Saudi Arabia, together accounting for 0.5% of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +83.4%), while the other leaders experienced more modest paces of growth.
In value terms, Bahrain ($X), the United Arab Emirates ($X) and Egypt ($X) were the largest markets for mobile lifting frame exported from Saudi Arabia worldwide, with a combined 82% share of total exports.
The United Arab Emirates, with a CAGR of +41.5%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average mobile lifting frame export price amounted to $X per unit, jumping by 22% against the previous year. Over the period under review, the export price, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 38% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Egypt ($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 Vietnam (+59.6%), while the prices for the other major destinations experienced more modest paces of growth.
Mobile Lifting Frame Imports
Imports into Saudi Arabia
In 2021, approx. less than X units of mobile lifting frames on tyres and straddle carriers were imported into Saudi Arabia; almost unchanged from 2020 figures. Overall, imports continue to indicate a relatively flat trend pattern.
In value terms, mobile lifting frame imports shrank sharply to $X in 2021. Over the period under review, imports recorded a mild reduction. The pace of growth was the most pronounced in 2020 when imports increased by 562% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.
Imports by Country
Austria (X units), China (X units) and the Netherlands (X units) were the main suppliers of mobile lifting frame imports to Saudi Arabia, with a combined 50% share of total imports.
From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of 0.0%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest mobile lifting frame suppliers to Saudi Arabia were China ($X), Italy ($X) and Austria ($X), with a combined 65% share of total imports.
Italy, with a CAGR of +28.5%, saw 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
The average mobile lifting frame import price stood at less than $X per thousand units in 2021, approximately mirroring the previous year. Overall, the import price continues to indicate a relatively flat trend pattern.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per thousand units), while the price for Austria ($X per thousand units) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the mobile lifting frame market 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 28221433 - Mobile lifting frames on tyres and straddle carriers
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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