Saudi Arabia: Insulated Coaxial Cable Market 2024

Insulated Coaxial Cable Market Size in Saudi Arabia

In 2023, the Saudi insulated coaxial cable market decreased by X% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption faced a deep contraction. Insulated coaxial cable consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Insulated Coaxial Cable Production in Saudi Arabia

In value terms, insulated coaxial cable production declined to $X in 2023 estimated in export price. Over the period under review, production, however, posted modest growth. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2023, production growth failed to regain momentum.

Insulated Coaxial Cable Exports

Exports from Saudi Arabia

Insulated coaxial cable exports from Saudi Arabia shrank significantly to X tons in 2023, declining by X% against the previous year. Over the period under review, exports, however, posted a moderate expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2023, the growth of the exports remained at a lower figure.

In value terms, insulated coaxial cable exports contracted notably to $X in 2023. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2022 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for insulated coaxial cable exports from Saudi Arabia, with a X% share of total exports. Moreover, insulated coaxial cable exports to the United Arab Emirates exceeded the volume sent to the second major destination, Iraq (X tons), more than tenfold. The third position in this ranking was taken by Kuwait (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and Kuwait (X% per year).

It was followed by Kuwait, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and Kuwait (X% per year).

Export Prices by Country

In 2023, the average insulated coaxial cable export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2023, amid the top suppliers, the countries with the highest prices were Iraq ($X per ton) and Oman ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) and Kuwait ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%), while the prices for the other major destinations experienced mixed trend patterns.

Insulated Coaxial Cable Imports

Imports into Saudi Arabia

In 2023, insulated coaxial cable imports into Saudi Arabia was estimated at X tons, flattening at the year before. Overall, imports showed a abrupt decline. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2023, imports failed to regain momentum.

In value terms, insulated coaxial cable imports totaled $X in 2023. In general, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Jordan (X tons) and the United Arab Emirates (X tons) were the main suppliers of insulated coaxial cable imports to Saudi Arabia, together comprising X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, China ($X), the United Arab Emirates ($X) and Jordan ($X) were the largest insulated coaxial cable suppliers to Saudi Arabia, together accounting for X% of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2023, the average insulated coaxial cable import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Jordan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform