Saudi Arabia - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Ready-Mixed Concrete and Factory Made Mortar in Saudi Arabia - 2022
Contents:
- Price for Ready-Mixed Concrete and Factory Made Mortar in Saudi Arabia (CIF) - 2022
- Price for Ready-Mixed Concrete and Factory Made Mortar in Saudi Arabia (FOB) - 2022
- Imports of Ready-Mixed Concrete and Factory Made Mortar in Saudi Arabia
- Exports of Ready-Mixed Concrete and Factory Made Mortar in Saudi Arabia
Price for Ready-Mixed Concrete and Factory Made Mortar in Saudi Arabia (CIF) - 2022
The average import price for ready-mixed concrete and factory made mortars stood at $587 per ton in 2022, almost unchanged from the previous year. Overall, the import price showed a pronounced decrease. The most prominent rate of growth was recorded in 2015 an increase of 28% against the previous year. Over the period under review, average import prices attained the peak figure at $833 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 ($1,455 per ton), while the price for the United Arab Emirates ($436 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Ready-Mixed Concrete and Factory Made Mortar in Saudi Arabia (FOB) - 2022
The average export price for ready-mixed concrete and factory made mortars stood at $423 per ton in 2022, dropping by -20% against the previous year. Over the period under review, the export price showed a abrupt decline. The growth pace was the most rapid in 2020 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices attained the maximum at $889 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($922 per ton), while the average price for exports to Bahrain ($353 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+29.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ready-Mixed Concrete and Factory Made Mortar in Saudi Arabia
For the third consecutive year, Saudi Arabia recorded decline in purchases abroad of ready-mixed concrete and factory made mortars, which decreased by 0% to 2.4K tons in 2022. In general, imports showed a dramatic shrinkage. The smallest decline of -48.5% was in 2020.
In value terms, imports of ready-mixed concrete and factory made mortars totaled $1.4M in 2022. Overall, imports recorded a significant curtailment. The smallest decline of -38.8% was in 2020.
| Import of Ready-Mixed Concrete and Factory Made Mortar in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2,586 | 870 | N/A | 677 | -36.0% |
| Spain | 809 | 445 | N/A | 255 | -31.9% |
| Germany | 432 | 610 | N/A | 249 | -16.8% |
| Norway | N/A | 462 | N/A | N/A | 0% |
| Italy | 306 | N/A | N/A | N/A | 0% |
| Others | 486 | 438 | N/A | 233 | -21.7% |
| Total | 4,619 | 2,826 | N/A | 1,413 | -32.6% |
Top Suppliers of Ready-Mixed Concrete and Factory Made Mortar to Saudi Arabia in 2022:
- United Arab Emirates (1551.8 tons)
- Spain (291.0 tons)
- Germany (170.9 tons)
Exports of Ready-Mixed Concrete and Factory Made Mortar in Saudi Arabia
In 2022, after three years of growth, there was significant decline in shipments abroad of ready-mixed concrete and factory made mortars, when their volume decreased by -21.6% to 460 tons. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 340% against the previous year.
In value terms, exports of ready-mixed concrete and factory made mortars fell dramatically to $195K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 620% against the previous year.
| Export of Ready-Mixed Concrete and Factory Made Mortar in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | N/A | N/A | N/A | 75.8 | 0% |
| Bahrain | 4.7 | 56.0 | 0.5 | 31.5 | 88.5% |
| Jordan | N/A | N/A | 3.3 | 11.8 | 257.6% |
| Vietnam | N/A | N/A | 9.4 | N/A | 0% |
| Oman | 6.3 | 16.1 | 16.8 | N/A | 63.3% |
| United Arab Emirates | N/A | 7.0 | N/A | N/A | 0% |
| Others | N/A | N/A | 281 | 75.8 | -73.0% |
| Total | 11.0 | 79.1 | 311 | 195 | 160.7% |
Top Export Markets for Ready-Mixed Concrete and Factory Made Mortar from Saudi Arabia in 2022:
- Philippines (179.2 tons)
- Bahrain (89.1 tons)
- Jordan (12.8 tons)
- United Arab Emirates (0.1 tons)
This report provides an in-depth analysis of the market for ready-mixed concrete and factory made mortar 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 23631000 - Ready-mixed concrete
- Prodcom 23641000 - Factory made mortars
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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