Saudi Arabia - Base Metal Padlocks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Padlock Price in Saudi Arabia - 2021
Contents:
- Base Metal Padlock Price in Saudi Arabia (CIF) - 2022
- Base Metal Padlock Price in Saudi Arabia (FOB) - 2022
- Base Metal Padlock Imports in Saudi Arabia
- Base Metal Padlock Exports in Saudi Arabia
Base Metal Padlock Price in Saudi Arabia (CIF) - 2022
In 2021, the average base metal padlock import price amounted to $6,941 per ton, growing by 67% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Spain ($11,173 per ton), while the price for China ($4,066 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Padlock Price in Saudi Arabia (FOB) - 2022
In 2022, the average base metal padlock export price amounted to $8,550 per ton, falling by -13.3% against the previous year. Overall, the export price, however, posted a moderate increase. The pace of growth was the most pronounced in 2021 an increase of 165% against the previous year. Over the period under review, the average export prices hit record highs at $15,871 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($11,213 per ton), while the average price for exports to the Netherlands ($7,147 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+31.9%), while the prices for the other major destinations experienced mixed trend patterns.
Base Metal Padlock Imports in Saudi Arabia
Base metal padlock imports into Saudi Arabia dropped significantly to 2.9K tons in 2021, waning by -16.2% on the previous year's figure. In general, imports recorded a sharp reduction.
In value terms, base metal padlock imports soared to $20M in 2021. Over the period under review, imports faced a precipitous contraction.
| Import of Base Metal Padlock in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Italy | 6.3 | 3.5 | 7.5 | 9.1% | |
| China | 16.9 | 6.0 | 6.4 | -38.5% | |
| Spain | 1.7 | 1.1 | 3.7 | 47.5% | |
| Turkey | 3.0 | 1.1 | N/A | -63.3% | |
| Others | 6.4 | 2.5 | 2.2 | -41.4% | |
| Total | 34.3 | 14.2 | 19.9 | -23.8% | |
Top Suppliers of Base Metal Padlock to Saudi Arabia in 2022:
- China (1579.6 tons)
- Italy (751.9 tons)
- Spain (331.2 tons)
Base Metal Padlock Exports in Saudi Arabia
In 2022, approx. 23 tons of base metal padlocks were exported from Saudi Arabia; rising by 370% compared with 2021. In general, exports, however, showed a dramatic descent.
In value terms, base metal padlock exports skyrocketed to $196K in 2022. Over the period under review, exports, however, showed a deep reduction.
| Export of Base Metal Padlock in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | N/A | N/A | N/A | 126 | 0% |
| Jordan | N/A | N/A | 5.5 | 63.2 | 1049.1% |
| Netherlands | N/A | N/A | N/A | 3.0 | 0% |
| Kuwait | 23.1 | N/A | 0.7 | N/A | -82.6% |
| Namibia | 25.6 | N/A | N/A | N/A | 0% |
| Rwanda | 38.7 | N/A | N/A | N/A | 0% |
| Oman | 28.1 | 256 | 7.8 | N/A | -47.3% |
| United Arab Emirates | 219 | 1.5 | 0.3 | N/A | -96.3% |
| Others | 22.4 | 85.4 | 33.7 | 3.0 | -48.8% |
| Total | 357 | 343 | 48.0 | 196 | -18.1% |
Top Export Markets for Base Metal Padlock from Saudi Arabia in 2022:
- Mozambique (16.4 tons)
- Jordan (5.6 tons)
- Netherlands (0.4 tons)
This report provides an in-depth analysis of the base metal padlock 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 25721130 - Base metal padlocks
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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