Saudi Arabia: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in Saudi Arabia

In 2021, after four years of growth, there was significant decline in the Saudi respiration apparatus market, when its value decreased by -71.6% to $X. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then contracted notably in the following year.

Respiration Apparatus Exports

Exports from Saudi Arabia

In 2021, approx. X tons of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus were exported from Saudi Arabia; growing by 33% against the previous year's figure. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 622% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, respiration apparatus exports shrank rapidly to $X in 2021. Overall, exports showed a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of 365% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for respiration apparatus exports from Saudi Arabia, accounting for a 64% share of total exports. Moreover, respiration apparatus exports to Hong Kong SAR exceeded the volume sent to the second major destination, Malaysia (X tons), fivefold. Yemen (X tons) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hong Kong SAR totaled +75.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (0.0% per year) and Yemen (+67.4% per year).

In value terms, Malaysia ($X) emerged as the key foreign market for respiration apparatus exports from Saudi Arabia, comprising 56% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 23% share of total exports. It was followed by the United States, with a 16% share.

From 2012 to 2021, the average annual growth rate of value to Malaysia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+41.5% per year) and the United States (+3.8% per year).

Export Prices by Country

In 2021, the average respiration apparatus export price amounted to $X per ton, with a decrease of -50.7% against the previous year. Over the period under review, the export price faced a drastic downturn. The pace of growth appeared the most rapid in 2018 an increase of 142%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+37.2%), while the prices for the other major destinations experienced mixed trend patterns.

Respiration Apparatus Imports

Imports into Saudi Arabia

In 2021, purchases abroad of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus decreased by -77.6% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 104%. Imports peaked at X tons in 2020, and then dropped significantly in the following year.

In value terms, respiration apparatus imports reduced remarkably to $X in 2021. In general, imports, however, recorded mild growth. The pace of growth was the most pronounced in 2020 with an increase of 124% against the previous year. As a result, imports reached the peak of $X, and then reduced remarkably in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of respiration apparatus to Saudi Arabia, accounting for a 53% share of total imports. Moreover, respiration apparatus imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. The UK (X tons) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.8% per year) and the UK (-0.8% per year).

In value terms, China ($X), Germany ($X) and the United States ($X) were the largest respiration apparatus suppliers to Saudi Arabia, together accounting for 55% of total imports. Ireland, New Zealand, the UK, Mexico, Italy, Spain, India and Lithuania lagged somewhat behind, together accounting for a further 33%.

Spain, with a CAGR of +21.6%, saw the highest growth rate of 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 respiration apparatus import price stood at $X per ton in 2021, surging by 58% against the previous year. In general, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, respiration apparatus import price increased by +107.4% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Ireland ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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