Report Update Nov 1, 2024

Saudi Arabia - Underground Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Underground Continuous-Action Elevator Market 2024

Underground Continuous-Action Elevator Market Size in Saudi Arabia

The Saudi underground continuous-action elevator market reached $X in 2021, with an increase of 2.8% against the previous year. In general, consumption, however, continues to indicate a pronounced setback. Underground continuous-action elevator consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Underground Continuous-Action Elevator Production in Saudi Arabia

In value terms, underground continuous-action elevator production reached $X in 2021 estimated in export price. In general, production, however, continues to indicate a pronounced slump. The growth pace was the most rapid in 2019 with an increase of 46%. Underground continuous-action elevator production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Underground Continuous-Action Elevator Exports

Exports from Saudi Arabia

In 2017, shipments abroad of underground continuous-action elevators and conveyors decreased by 0% to X units, falling for the second consecutive year after two years of decline. Overall, exports posted strong growth. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the maximum in 2017 and are likely to see gradual growth in the immediate term.

In value terms, underground continuous-action elevator exports stood at $X in 2017. Over the period under review, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs in 2017 and are likely to see gradual growth in years to come.

Exports by Country

Qatar (X units) was the main destination for underground continuous-action elevator exports from Saudi Arabia, accounting for a approx. 100% share of total exports.

From 2013 to 2017, the average annual growth rate of volume to Qatar stood at +116.6%.

From 2013 to 2017, the average annual growth rate of value to Qatar totaled +313.0%.

Export Prices by Country

In 2017, the average underground continuous-action elevator export price amounted to $X per unit, approximately mirroring the previous year. Overall, the export price recorded significant growth. The growth pace was the most rapid in 2016 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2017 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2013 to 2017, the rate of growth in terms of prices for Qatar amounted to +90.7% per year.

Underground Continuous-Action Elevator Imports

Imports into Saudi Arabia

In 2021, approx. less than X units of underground continuous-action elevators and conveyors were imported into Saudi Arabia; approximately reflecting the previous year's figure. In general, imports saw a relatively flat trend pattern.

In value terms, underground continuous-action elevator imports stood at less than $X in 2021. Overall, imports saw a significant expansion. The smallest decline of 99.9% was in 2015. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for underground continuous-action elevators and conveyors in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, together accounting for 29% of global consumption. India, Japan, Italy, Austria, Brazil, Poland, Indonesia, South Korea, Canada and Democratic Republic of the Congo lagged somewhat behind, together comprising a further 31%.

What are the largest producers of underground continuous-action elevators and conveyors in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, together comprising 29% of global production. These countries were followed by India, Japan, Poland, the UK, Estonia, Italy, Brazil, South Korea, Canada and Democratic Republic of the Congo, which together accounted for a further 35%.

What is the average export price for underground continuous-action elevators and conveyors in Saudi Arabia?

The average underground continuous-action elevator export price stood at $2,499 per unit in 2017, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the underground continuous-action elevator 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 28921100 - Continuous-action elevators and conveyors, for underground use

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