Saudi Arabia - Concrete Or Mortar Mixers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingConcrete Mixer Price in Saudi Arabia - 2021
Contents:
- Concrete Mixer Price in Saudi Arabia (CIF) - 2022
- Concrete Mixer Price in Saudi Arabia (FOB) - 2022
- Concrete Mixer Imports in Saudi Arabia
- Concrete Mixer Exports in Saudi Arabia
Concrete Mixer Price in Saudi Arabia (CIF) - 2022
In 2022, the average concrete mixer import price amounted to $2,812 per unit, shrinking by -26.4% against the previous year. Overall, the import price recorded a noticeable descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 123% against the previous year. The import price peaked at $6,675 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($62,237 per unit), while the price for Italy ($1,680 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.7%), while the prices for the other major suppliers experienced a decline.
Concrete Mixer Price in Saudi Arabia (FOB) - 2022
The average concrete mixer export price stood at $422 per unit in 2022, jumping by 20% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 an increase of 73%. As a result, the export price attained the peak level of $606 per unit. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($849 per unit), while the average price for exports to Yemen ($179 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+36.3%), while the prices for the other major destinations experienced more modest paces of growth.
Concrete Mixer Imports in Saudi Arabia
In 2022, imports of concrete or mortar mixers into Saudi Arabia surged to 7.1K units, increasing by 78% on 2021 figures. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 82%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, concrete mixer imports surged to $20M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 73% against the previous year. As a result, imports attained the peak of $25M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Concrete Mixer in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.7 | 7.3 | 5.1 | 7.6 | 17.4% |
Italy | 1.7 | 1.8 | 2.4 | 3.3 | 24.7% |
Turkey | 3.5 | 1.6 | N/A | 3.2 | -2.9% |
Portugal | N/A | 0.3 | 0.4 | N/A | 33.3% |
Others | 4.4 | 13.7 | 7.3 | 5.8 | 9.6% |
Total | 14.3 | 24.8 | 15.2 | 20.0 | 11.8% |
Top Suppliers of Concrete Mixer to Saudi Arabia in 2022:
- China (2.7K units)
- Italy (2.0K units)
- Turkey (0.4K units)
Concrete Mixer Exports in Saudi Arabia
In 2022, exports of concrete or mortar mixers from Saudi Arabia fell dramatically to 2.1K units, waning by -50.7% against 2021. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 527%. As a result, the exports reached the peak of 4.3K units, and then shrank notably in the following year.
In value terms, concrete mixer exports fell notably to $890K in 2022. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 456%. As a result, the exports attained the peak of $1.5M, and then fell dramatically in the following year.
Export of Concrete Mixer in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kuwait | 13.3 | 306 | 467 | 441 | 221.3% |
United Arab Emirates | 342 | 84.6 | 383 | 362 | 1.9% |
Oman | 19.5 | 64.0 | 85.4 | 80.8 | 60.6% |
Yemen | 13.3 | 3.7 | 2.0 | 5.9 | -23.7% |
Jordan | N/A | N/A | 477 | N/A | 0% |
Sudan | N/A | 35.3 | 47.5 | N/A | 34.6% |
Egypt | N/A | 996 | 47.0 | N/A | -95.3% |
Bahrain | N/A | 190 | N/A | N/A | 0% |
Others | N/A | -1,407.9 | N/A | N/A | 0% |
Total | 388 | 271 | 1,509 | 890 | 31.9% |
Top Export Markets for Concrete Mixer from Saudi Arabia in 2022:
- United Arab Emirates (1270.0 units)
- Kuwait (520.0 units)
- Oman (286.0 units)
- Yemen (33.0 units)
This report provides an in-depth analysis of the concrete mixer 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 28924050 - Concrete or mortar mixers
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
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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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