Saudi Arabia - Non-Alloy Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Saudi Arabia - Non-Alloy Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights

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Non-Alloy Aluminium Bar Price in Saudi Arabia - 2021

Contents:

  1. Non-Alloy Aluminium Bar Price in Saudi Arabia (FOB) - 2022
  2. Non-Alloy Aluminium Bar Price in Saudi Arabia (CIF) - 2022
  3. Non-Alloy Aluminium Bar Exports in Saudi Arabia
  4. Non-Alloy Aluminium Bar Imports in Saudi Arabia

Non-Alloy Aluminium Bar Price in Saudi Arabia (FOB) - 2022

In 2022, the average non-alloy aluminium bar export price amounted to $3,091 per ton, shrinking by -6.4% against the previous year. In general, the export price saw a slight slump. The growth pace was the most rapid in 2021 an increase of 20%. The export price peaked at $3,895 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($3,678 per ton), while the average price for exports to Bahrain ($1,095 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 Egypt (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Alloy Aluminium Bar Price in Saudi Arabia (CIF) - 2022

In 2022, the average non-alloy aluminium bar import price amounted to $3,072 per ton, which is down by -4% against the previous year. Over the period under review, the import price, however, recorded a mild increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 11%. The import price peaked at $3,201 per ton in 2021, and then reduced slightly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Oman ($3,064 per ton), while the price for Kuwait ($2,328 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+0.2%), while the prices for the other major suppliers experienced a decline.

Non-Alloy Aluminium Bar Exports in Saudi Arabia

Non-alloy aluminium bar exports from Saudi Arabia fell significantly to 15K tons in 2022, waning by -18.1% on the year before. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, the exports reached the peak of 18K tons, and then contracted dramatically in the following year.

In value terms, non-alloy aluminium bar exports fell rapidly to $46M in 2022. Overall, total exports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 88% against the previous year. As a result, the exports attained the peak of $60M, and then reduced dramatically in the following year.

Export of Non-Alloy Aluminium Bar in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates20.817.720.615.4-9.5%
Egypt2.62.011.98.850.1%
Kuwait0.20.38.76.5219.1%
Oman2.14.38.16.041.9%
Tunisia2.32.43.92.98.0%
Morocco7.00.60.31.8-36.4%
Lebanon2.30.50.30.7-32.7%
Bahrain0.70.80.70.5-10.6%
Others2.53.35.63.39.7%
Total40.531.960.046.04.3%

Top Export Markets for Non-Alloy Aluminium Bar from Saudi Arabia in 2022:

  1. United Arab Emirates (5.1K tons)
  2. Egypt (3.1K tons)
  3. Kuwait (1.8K tons)
  4. Oman (1.6K tons)
  5. Tunisia (1.0K tons)
  6. Morocco (0.6K tons)
  7. Bahrain (0.5K tons)
  8. Lebanon (0.2K tons)

Non-Alloy Aluminium Bar Imports in Saudi Arabia

In 2022, approx. 19K tons of non-alloy aluminium bars, rods and profiles were imported into Saudi Arabia; picking up by 27% on the year before. Over the period under review, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +3.4% 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 -17.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 34%. As a result, imports reached the peak of 23K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-alloy aluminium bar imports surged to $58M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.0% 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 -15.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 48% against the previous year. As a result, imports attained the peak of $68M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Non-Alloy Aluminium Bar in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates37.752.233.244.55.7%
Oman1.58.410.58.477.6%
Kuwait2.52.11.31.5-15.7%
Others4.15.32.43.2-7.9%
Total45.867.947.357.67.9%

Top Suppliers of Non-Alloy Aluminium Bar to Saudi Arabia in 2022:

  1. United Arab Emirates (14.7K tons)
  2. Oman (2.7K tons)
  3. Kuwait (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-alloy aluminium bar 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 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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