Report Update Nov 1, 2024

Saudi Arabia - Oxygen - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Oxygen Market 2024

Oxygen Market Size in Saudi Arabia

The Saudi oxygen market totaled $X in 2022, growing by 4.7% against the previous year. Over the period under review, consumption, however, enjoyed a strong expansion. Oxygen consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Oxygen Production in Saudi Arabia

In value terms, oxygen production expanded significantly to $X in 2022 estimated in export price. In general, production, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 41%. Oxygen production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Oxygen Exports

Exports from Saudi Arabia

In 2022, approx. X cubic meters of oxygen were exported from Saudi Arabia; reducing by -14.2% compared with the year before. Over the period under review, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 300%. Over the period under review, the exports reached the peak figure at X cubic meters in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, oxygen exports contracted notably to $X in 2022. Overall, exports, however, posted a prominent increase. The growth pace was the most rapid in 2021 with an increase of 606% against the previous year. As a result, the exports reached the peak of $X, and then fell significantly in the following year.

Exports by Country

Jordan (X cubic meters) was the main destination for oxygen exports from Saudi Arabia, with a 90% share of total exports. Moreover, oxygen exports to Jordan exceeded the volume sent to the second major destination, the United Arab Emirates (X cubic meters), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Jordan amounted to +13.6%.

In value terms, Jordan ($X) emerged as the key foreign market for oxygen exports from Saudi Arabia, comprising 92% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 7.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Jordan totaled +16.9%.

Export Prices by Country

In 2022, the average oxygen export price amounted to $X per cubic meter, dropping by -33.5% against the previous year. Over the period under review, the export price, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 76%. As a result, the export price reached the peak level of $X per cubic meter, and then fell significantly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($X per cubic meter), while the average price for exports to the United Arab Emirates stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+2.9%).

Oxygen Imports

Imports into Saudi Arabia

In 2022, the amount of oxygen imported into Saudi Arabia soared to X cubic meters, with an increase of 25% against 2021. Overall, imports recorded a perceptible expansion. The most prominent rate of growth was recorded in 2014 with an increase of 78%. Over the period under review, imports attained the peak figure at X cubic meters in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, oxygen imports soared to $X in 2022. In general, imports, however, continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2014 when imports increased by 83% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Kuwait (X cubic meters) was the main oxygen supplier to Saudi Arabia, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Kuwait totaled +3.3%.

In value terms, Kuwait ($X) constituted the largest supplier of oxygen to Saudi Arabia.

From 2012 to 2022, the average annual growth rate of value from Kuwait totaled -2.8%.

Import Prices by Country

The average oxygen import price stood at $X per cubic meter in 2022, waning by -4.9% against the previous year. Over the period under review, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 5.9% against the previous year. Over the period under review, average import prices attained the peak figure at $X per cubic meter in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Kuwait.

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to -5.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for oxygen in the world?

The countries with the highest volumes of in 2021 were China, Russia and India, with a combined 36% share of global consumption. Japan, Pakistan, Brazil, Nigeria, the United States, the Netherlands, France, Italy, Saudi Arabia and Turkey lagged somewhat behind, together comprising a further 28%.

What are the largest producers of oxygen in the world?

The countries with the highest volumes of in 2021 were China, Russia and India, together comprising 36% of global production. These countries were followed by Japan, Pakistan, Brazil, the United States, Nigeria, the Netherlands, France, Italy, Saudi Arabia and Turkey, which together accounted for a further 28%.

What are the leading suppliers of oxygen to Saudi Arabia?

In value terms, Kuwait constituted the largest supplier of oxygen to Saudi Arabia.

What are the leading importers of oxygen from Saudi Arabia?

In value terms, Jordan remains the key foreign market for oxygen exports from Saudi Arabia, comprising 94% of total exports. The second position in the ranking was occupied by the United Arab Emirates, with a 6.5% share of total exports.

What is the average export price for oxygen in Saudi Arabia?

The average oxygen export price stood at $0.1 per cubic meter in 2021, declining by -29.6% against the previous year.

What is the average import price for oxygen in Saudi Arabia?

The average oxygen import price stood at $0.2 per cubic meter in 2021, with an increase of 22% against the previous year.

This report provides an in-depth analysis of the oxygen 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 20111170 - Oxygen

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