Saudi Arabia - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIron Angle Price in Saudi Arabia - 2021
Contents:
- Iron Angle Price in Saudi Arabia (CIF) - 2022
- Iron Angle Price in Saudi Arabia (FOB) - 2022
- Iron Angle Imports in Saudi Arabia
- Iron Angle Exports in Saudi Arabia
Iron Angle Price in Saudi Arabia (CIF) - 2022
The average iron angle import price stood at $692 per ton in 2022, reducing by -26.8% against the previous year. Over the period under review, the import price saw a mild shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 59%. As a result, import price reached the peak level of $945 per ton, and then shrank significantly in the following year.
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 Bahrain ($1,243 per ton), while the price for China ($545 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Iron Angle Price in Saudi Arabia (FOB) - 2022
The average iron angle export price stood at $764 per ton in 2022, with a decrease of -2.8% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 28%. The export price peaked at $813 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Oman ($827 per ton) and the United Arab Emirates ($736 per ton), while the average price for exports to Jordan ($622 per ton) and China ($639 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+36.0%), while the prices for the other major destinations experienced mixed trend patterns.
Iron Angle Imports in Saudi Arabia
Iron angle imports into Saudi Arabia shrank to 121K tons in 2022, with a decrease of -8.1% compared with the previous year's figure. In general, imports showed a sharp downturn.
In value terms, iron angle imports reduced notably to $84M in 2022. Overall, imports showed a deep setback. The growth pace was the most rapid in 2021 with an increase of 2.4%.
| Import of Iron Angle in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 51.9 | 36.8 | 29.8 | 32.9 | -14.1% |
| Oman | 13.6 | 14.2 | 38.7 | 19.0 | 11.8% |
| South Korea | 30.1 | 31.4 | 6.2 | 15.6 | -19.7% |
| Turkey | 29.7 | 24.1 | N/A | 8.3 | -34.6% |
| Bahrain | 8.0 | 1.1 | 6.3 | 4.6 | -16.8% |
| China | 9.5 | 3.6 | 3.7 | 2.7 | -34.3% |
| India | N/A | 5.4 | 8.1 | N/A | 50.0% |
| Others | 8.4 | 5.3 | 32.0 | 1.2 | -47.7% |
| Total | 151 | 122 | 125 | 84.1 | -17.7% |
Top Suppliers of Iron Angle to Saudi Arabia in 2022:
- United Arab Emirates (47.4K tons)
- South Korea (27.8K tons)
- Oman (21.6K tons)
- Turkey (15.1K tons)
- China (4.9K tons)
- Bahrain (3.7K tons)
Iron Angle Exports in Saudi Arabia
In 2022, approx. 28K tons of angles, shapes and sections (of iron or non-alloy steel) were exported from Saudi Arabia; declining by -33.2% against 2021 figures. In general, total exports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 88% against the previous year. As a result, the exports reached the peak of 43K tons, and then contracted remarkably in the following year.
In value terms, iron angle exports dropped significantly to $22M in 2022. Overall, exports, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2021 when exports increased by 140% against the previous year. As a result, the exports attained the peak of $33M, and then contracted markedly in the following year.
| Export of Iron Angle in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 7.2 | 10.9 | 22.5 | 16.1 | 30.8% |
| Oman | 0.2 | 0.4 | 4.2 | 3.0 | 146.6% |
| Jordan | 0.9 | 0.8 | 0.7 | 0.8 | -3.9% |
| China | N/A | N/A | N/A | 0.6 | 0% |
| Kuwait | 1.0 | 0.2 | 5.5 | N/A | 134.5% |
| Egypt | 3.6 | 0.2 | N/A | N/A | -94.4% |
| Algeria | 4.3 | N/A | N/A | N/A | 0% |
| Others | 2.2 | 1.5 | 0.5 | 1.2 | -18.3% |
| Total | 19.2 | 13.9 | 33.4 | 21.7 | 4.2% |
Top Export Markets for Iron Angle from Saudi Arabia in 2022:
- United Arab Emirates (21.9K tons)
- Oman (3.6K tons)
- Jordan (1.3K tons)
- China (1.0K tons)
This report provides an in-depth analysis of the iron angle 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy steel
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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In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
1371
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
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Discover the top import markets for iron angle and their key statistics. Learn about the demand, import values, and growth potential in these countries. Explore the opportunities for exporters in the global iron angle market.
971
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
1371
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
1767
Despite some negative dynamics in exports, Spain was able to hold on as the leader in the global iron angles, shapes and sections trade. In 2014, Spain exported X million tons of iron angles, shapes and sections totaling X billion USD, which was
528
The global non-alloy steel h-sections market revenue amounted to $17.9B in 2018, rising by 11% against the previous...
