Report Update Nov 1, 2024

Saudi Arabia - Motor Vehicles for Travelling on Snow or Golf Cars - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Snow Motor Vehicle Market 2024

Snow Motor Vehicle Market Size in Saudi Arabia

The Saudi snow motor vehicle market fell markedly to less than $X in 2022, waning by 99.9% against the previous year. Overall, consumption enjoyed significant growth. As a result, consumption reached the peak level of $X, and then reduced rapidly in the following year.

Snow Motor Vehicle Production in Saudi Arabia

In value terms, snow motor vehicle production amounted to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. Snow motor vehicle production peaked in 2022 and is expected to retain growth in the immediate term.

Snow Motor Vehicle Exports

Exports from Saudi Arabia

In 2022, overseas shipments of motor vehicles for travelling on snow or golf cars decreased by 0% to X units, falling for the second consecutive year after two years of growth. Overall, exports saw a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of 177% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, snow motor vehicle exports totaled $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by 166%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Greece (X units) was the main destination for snow motor vehicle exports from Saudi Arabia, accounting for a approx. 50% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Greece was relatively modest.

In value terms, Greece ($X) emerged as the key foreign market for motor vehicles for travelling on snow or golf cars exports from Saudi Arabia.

From 2012 to 2022, the average annual growth rate of value to Greece was relatively modest.

Export Prices by Country

In 2022, the average snow motor vehicle export price amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, the export price recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 a decrease of -0.2% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +176,354.3% per year.

Snow Motor Vehicle Imports

Imports into Saudi Arabia

In 2021, approx. X units of motor vehicles for travelling on snow or golf cars were imported into Saudi Arabia; with a decrease of -17.7% compared with the year before. Overall, imports, however, showed a pronounced increase. The most prominent rate of growth was recorded in 2017 with an increase of 114%. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, snow motor vehicle imports surged to $X in 2021. In general, imports, however, continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, France (X units) constituted the largest snow motor vehicle supplier to Saudi Arabia, with a 19% share of total imports. Moreover, snow motor vehicle imports from France exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by Italy (X units), with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled +131.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-20.4% per year) and Italy (-3.2% per year).

In value terms, France ($X) constituted the largest supplier of motor vehicles for travelling on snow or golf cars to Saudi Arabia, comprising 30% of total imports. The second position in the ranking was taken by Germany ($X), with a 12% share of total imports. It was followed by Spain, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value from France stood at +104.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+271.1% per year) and Spain (0.0% per year).

Import Prices by Country

The average snow motor vehicle import price stood at $X per unit in 2021, with an increase of 409% against the previous year. Overall, the import price posted significant growth. As a result, import price attained 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, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+518.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for motor vehicles for travelling on snow or golf cars in the world?

The country with the largest volume of snow motor vehicle consumption was China, comprising approx. 63% of total volume. Moreover, snow motor vehicle consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sixfold. The third position in this ranking was occupied by the UK, with a 5.6% share.

What are the largest producers of motor vehicles for travelling on snow or golf cars in the world?

The country with the largest volume of snow motor vehicle production was China, accounting for 87% of total volume. Moreover, snow motor vehicle production in China exceeded the figures recorded by the second-largest producer, Mexico, more than tenfold. The UK ranked third in terms of total production with a 2.3% share.

What are the leading suppliers of motor vehicles for travelling on snow or golf cars to Saudi Arabia?

In value terms, the largest snow motor vehicle suppliers to Saudi Arabia were the United States, China and Mexico, with a combined 70% share of total imports.

What are the leading importers of motor vehicles for travelling on snow or golf cars from Saudi Arabia?

In value terms, the United Arab Emirates remains the key foreign market for snow motor vehicle exports from Saudi Arabia, comprising 92% of total exports. The second position in the ranking was occupied by Egypt, with a 7.6% share of total exports.

What is the average export price for motor vehicles for travelling on snow or golf cars in Saudi Arabia?

In 2021, the average snow motor vehicle export price amounted to $9,658 per unit, flattening at the previous year.

What is the average import price for motor vehicles for travelling on snow or golf cars in Saudi Arabia?

In 2021, the average snow motor vehicle import price amounted to $11,391 per unit, falling by -13.7% against the previous year.

This report provides an in-depth analysis of the snow motor vehicle 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 29105200 - Motor vehicles specially designed for travelling on snow, golf cars and similar vehicles

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023