Saudi Arabia: Sheet Piling Market 2025

Sheet Piling Market Size in Saudi Arabia

The Saudi sheet piling market skyrocketed to $X in 2021, jumping by 21% against the previous year. In general, consumption, however, saw a buoyant expansion. Sheet piling consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Sheet Piling Production in Saudi Arabia

In value terms, sheet piling production dropped to $X in 2021 estimated in export price. Overall, production, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 55% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Sheet Piling Exports

Exports from Saudi Arabia

Sheet piling exports from Saudi Arabia shrank remarkably to X tons in 2021, dropping by -19.6% compared with the previous year's figure. Over the period under review, exports saw a abrupt decline. The growth pace was the most rapid in 2017 when exports increased by 129% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, sheet piling exports rose significantly to $X in 2021. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2017 when exports increased by 121% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Bahrain (X tons), Jordan (X tons) and the United Arab Emirates (X tons) were the main destinations of sheet piling exports from Saudi Arabia.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +75.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sheet piling exported from Saudi Arabia were the United Arab Emirates ($X), Bahrain ($X) and Jordan ($X).

In terms of the main countries of destination, Bahrain, with a CAGR of +39.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sheet piling export price stood at $X per ton in 2021, jumping by 37% against the previous year. Overall, export price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sheet piling export price increased by +75.1% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Yemen ($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 the United Arab Emirates (-1.5%), while the prices for the other major destinations experienced a decline.

Sheet Piling Imports

Imports into Saudi Arabia

After two years of growth, overseas purchases of sheet piling, shapes and sections (of iron or steel) decreased by -7.4% to X tons in 2021. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 651% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, sheet piling imports expanded slightly to $X in 2021. Over the period under review, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2014 when imports increased by 292% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Bahrain (X tons) constituted the largest sheet piling supplier to Saudi Arabia, accounting for a 64% share of total imports. Moreover, sheet piling imports from Bahrain exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fivefold. The third position in this ranking was taken by Kuwait (X tons), with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Bahrain totaled +125.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+29.4% per year) and Kuwait (-7.4% per year).

In value terms, Bahrain ($X) constituted the largest supplier of sheet piling, shapes and sections (of iron or steel) to Saudi Arabia, comprising 55% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 12% share of total imports. It was followed by Kuwait, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Bahrain totaled +83.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+26.1% per year) and Kuwait (-4.8% per year).

Import Prices by Country

The average sheet piling import price stood at $X per ton in 2021, surging by 13% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 77% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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 Oman ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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