Price for Vehicles; Mobile Drilling Derricks in Saudi Arabia - 2021
Contents:
- Price for Vehicles; Mobile Drilling Derricks in Saudi Arabia (FOB) - 2022
- Exports of Vehicles; Mobile Drilling Derricks in Saudi Arabia
Price for Vehicles; Mobile Drilling Derricks in Saudi Arabia (FOB) - 2022
The average vehicles; mobile drilling derricks export price stood at $46,385 per unit in 2021, rising by 48% against the previous year. Overall, the export price, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2018 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices attained the peak figure at $190,807 per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($149,999 per unit), while the average price for exports to Cote d'Ivoire ($7,999 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (-9.4%), while the prices for the other major destinations experienced a decline.
Exports of Vehicles; Mobile Drilling Derricks in Saudi Arabia
In 2021, the amount of vehicles; mobile drilling derrickses exported from Saudi Arabia dropped remarkably to 9 units, with a decrease of -70% compared with 2020 figures. Over the period under review, exports showed a sharp decrease. Over the period under review, the exports attained the maximum at 30 units in 2020, and then fell rapidly in the following year.
In value terms, vehicles; mobile drilling derricks exports contracted notably to $417K in 2021. Overall, exports recorded a dramatic contraction. Over the period under review, the exports reached the peak figure at $939K in 2020, and then contracted rapidly in the following year.
| Export of Vehicles; Mobile Drilling Derricks in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Sudan | 46.7 | 215 | 360.4% | ||
| Bahrain | 718 | 150 | -79.1% | ||
| Djibouti | N/A | 17.3 | 0% | ||
| Egypt | 56.2 | 13.3 | -76.3% | ||
| Thailand | N/A | 13.3 | 0% | ||
| Cote d'Ivoire | N/A | 8.0 | 0% | ||
| Oman | 3.2 | N/A | 0% | ||
| Mauritania | 6.7 | N/A | 0% | ||
| Yemen | 57.9 | N/A | 0% | ||
| Pakistan | 50.1 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 939 | 417 | -55.6% | ||
Top Export Markets for Vehicles; Mobile Drilling Derricks from Saudi Arabia in 2022:
- Sudan (4.0 units)
- Bahrain (1.0 units)
- Egypt (1.0 units)
- Djibouti (1.0 units)
- Thailand (1.0 units)
- Cote d'Ivoire (1.0 units)
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