Report Update Nov 1, 2024

Saudi Arabia - Threading or Tapping Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Metal Threading Machine Market 2024

Metal Threading Machine Market Size in Saudi Arabia

In 2021, the Saudi metal threading machine market decreased by -35.5% to $X, falling for the fourth consecutive year after six years of growth. In general, consumption saw a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Metal Threading Machine Production in Saudi Arabia

In value terms, metal threading machine production reached $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 20%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Metal Threading Machine Exports

Exports from Saudi Arabia

In 2021, shipments abroad of threading or tapping machines for working metal increased by 82% to X units, rising for the second consecutive year after two years of decline. Overall, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 5,100%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, metal threading machine exports soared to $X in 2021. In general, exports recorded a strong expansion. The pace of growth was the most pronounced in 2020 when exports increased by 4,276%. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

The United Arab Emirates (X units), Turkey (X units) and Belgium (X units) were the main destinations of metal threading machine exports from Saudi Arabia, with a combined 97% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +19.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the United Arab Emirates ($X) and Bahrain ($X) were the largest markets for metal threading machine exported from Saudi Arabia worldwide, with a combined 99% share of total exports.

Bahrain, with a CAGR of +64.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average metal threading machine export price amounted to $X per unit, shrinking by -22.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2013 an increase of 51%. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+11.3%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Threading Machine Imports

Imports into Saudi Arabia

In 2021, approx. less than X units of threading or tapping machines for working metal were imported into Saudi Arabia; stabilizing at the previous year. In general, imports continue to indicate a relatively flat trend pattern.

In value terms, metal threading machine imports stood at less than $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 1,025% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for threading or tapping machines for working metal in the world?

The countries with the highest volumes of metal threading machine consumption in 2020 were the Czech Republic, Taiwan Chinese) and Bulgaria, together accounting for 41% of global consumption.

What are the largest producers of threading or tapping machines for working metal in the world?

The country with the largest volume of metal threading machine production was China, accounting for 39% of total volume. Moreover, metal threading machine production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), twofold. South Korea ranked third in terms of total production with a 11% share.

What are the leading suppliers of threading or tapping machines for working metal to Saudi Arabia?

In value terms, the U.S. constituted the largest supplier of metal threading machine to Saudi Arabia, comprising 4.2% of total imports. The second position in the ranking was occupied by China, with a 1.9% share of total imports.

What are the leading importers of threading or tapping machines for working metal from Saudi Arabia?

In value terms, the United Arab Emirates remains the key foreign market for metal threading machine exports from Saudi Arabia.

What is the average export price for threading or tapping machines for working metal in Saudi Arabia?

The average metal threading machine export price stood at $10,441 per unit in 2020, approximately equating the previous year.

What is the average import price for threading or tapping machines for working metal in Saudi Arabia?

In 2010, the average metal threading machine import price amounted to $2,028 per unit, reducing by -32.7% against the previous year.

This report provides an in-depth analysis of the metal threading machine 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 28412280 - Threading or tapping machines for working metal (excluding drilling machines)

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