Report Update Nov 1, 2024

Saudi Arabia - Ships, Vessels, Ferry-Boats for the Transport of Persons - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Shipping Market 2024

Shipping Market Size in Saudi Arabia

In 2021, the Saudi shipping market increased by 12% to $X, rising for the fourth consecutive year after three years of decline. Over the period under review, consumption showed a strong increase. Shipping consumption peaked in 2021 and is likely to continue growth in the near future.

Shipping Production in Saudi Arabia

In value terms, shipping production fell to $X in 2021 estimated in export price. Overall, production saw buoyant growth. The growth pace was the most rapid in 2017 with an increase of 107%. Shipping production peaked at $X in 2020, and then dropped modestly in the following year.

Shipping Exports

Exports from Saudi Arabia

In 2021, overseas shipments of ships, vessels, ferry-boats for the transport of persons decreased by -53.7% to X units, falling for the third year in a row after two years of growth. Over the period under review, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 7,119% against the previous year. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, shipping exports dropped remarkably to $X in 2021. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 10,317%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units) and the United Arab Emirates (X units) were the main destinations of shipping exports from Saudi Arabia.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +18.6%).

In value terms, the United Arab Emirates ($X) remains the key foreign market for ships, vessels, ferry-boats for the transport of persons exports from Saudi Arabia, comprising 3.6% of total exports. The second position in the ranking was taken by the United States ($X), with a 1.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates amounted to +20.5%.

Export Prices by Country

The average shipping export price stood at $X per unit in 2021, with an increase of 28% against the previous year. Over the period under review, the export price showed resilient growth. The most prominent rate of growth was recorded in 2015 an increase of 171% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to the United States stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+9.2%).

Shipping Imports

Imports into Saudi Arabia

For the fourth consecutive year, Saudi Arabia recorded growth in purchases abroad of ships, vessels, ferry-boats for the transport of persons, which increased by 86% to X units in 2021. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, shipping imports shrank dramatically to $X in 2021. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 5,998%. Over the period under review, imports hit record highs at $X in 2020, and then declined remarkably in the following year.

Imports by Country

In 2021, France (X units) constituted the largest supplier of shipping to Saudi Arabia, accounting for a 61% share of total imports. Moreover, shipping imports from France exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold.

From 2013 to 2021, the average annual rate of growth in terms of volume from France totaled +26.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (0.0% per year) and the United Arab Emirates (+147.1% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of ships, vessels, ferry-boats for the transport of persons to Saudi Arabia, comprising 50% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 0.1% share of total imports.

From 2013 to 2021, the average annual growth rate of value from the United Arab Emirates stood at +251.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (0.0% per year) and France (-97.6% per year).

Import Prices by Country

The average shipping import price stood at $X per unit in 2021, shrinking by -96% against the previous year. In general, the import price showed a deep slump. The pace of growth was the most pronounced in 2014 an increase of 6,608% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a lower figure.

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 the United Arab Emirates ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ships, vessels, ferry-boats for the transport of persons in the world?

The countries with the highest volumes of shipping consumption in 2021 were Italy, France and China, together comprising 51% of global consumption.

What are the largest producers of ships, vessels, ferry-boats for the transport of persons in the world?

Italy remains the largest shipping producing country worldwide, accounting for 50% of total volume. Moreover, shipping production in Italy exceeded the figures recorded by the second-largest producer, France, fivefold. China ranked third in terms of total production with a 10% share.

What are the leading suppliers of ships, vessels, ferry-boats for the transport of persons to Saudi Arabia?

In value terms, the United Arab Emirates constituted the largest supplier of shipping to Saudi Arabia, comprising 1.1% of total imports. The second position in the ranking was occupied by France, with a 0.3% share of total imports.

What are the leading importers of ships, vessels, ferry-boats for the transport of persons from Saudi Arabia?

In value terms, Egypt remains the key foreign market for shipping exports from Saudi Arabia, comprising 241% of total exports. The second position in the ranking was occupied by Malta, with an 119% share of total exports. It was followed by the United Arab Emirates, with a 37% share.

What is the average export price for ships, vessels, ferry-boats for the transport of persons in Saudi Arabia?

In 2020, the average shipping export price amounted to $333 per unit, with an increase of 17% against the previous year.

What is the average import price for ships, vessels, ferry-boats for the transport of persons in Saudi Arabia?

The average shipping import price stood at $303,297 per unit in 2020, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the shipping 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 30112130 - Cruise vessels
Prodcom 30112150 - Ferries

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