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Saudi Arabia - Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
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Saudi Arabia: Aluminium Bar Market Overview 2021

Aluminium Bar Market Size in Saudi Arabia

The Saudi aluminium bar market contracted sharply to $X in 2019, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a abrupt contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Aluminium bar consumption peaked at $X in 2015; however, from 2016 to 2019, consumption failed to regain the momentum.

Aluminium Bar Exports

Exports from Saudi Arabia

In 2019, overseas shipments of aluminium bars, rods and profiles decreased by -X% to X tonnes, falling for the fourth year in a row after three years of growth. In general, exports recorded a mild curtailment. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at X tonnes in 2009; however, from 2010 to 2019, exports stood at a somewhat lower figure.

In value terms, aluminium bar exports shrank sharply to $X in 2019. Over the period under review, exports saw a perceptible contraction. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Exports peaked at $X in 2009; however, from 2010 to 2019, exports failed to regain the momentum.

Exports by Country

The United Arab Emirates (X tonnes), Bahrain (X tonnes) and Morocco (X tonnes) were the main destinations of aluminium bar exports from Saudi Arabia, together accounting for X% of total exports.

From 2007 to 2019, the biggest increases were in Morocco (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the key foreign market for aluminium bar exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by Bahrain ($X), with a X% share of total exports. It was followed by Morocco, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to the United Arab Emirates amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (-X% per year) and Morocco (+X% per year).

Export Prices by Country

The average aluminium bar export price stood at $X per tonne in 2019, declining by -X% against the previous year. In general, the export price saw a mild reduction. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2015; however, from 2016 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Lebanon ($X per tonne), while the average price for exports to Bahrain ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon, while the prices for the other major destinations experienced a decline.

Aluminium Bar Imports

Imports into Saudi Arabia

In 2019, overseas purchases of aluminium bars, rods and profiles decreased by -X% to X tonnes, falling for the sixth year in a row after four years of growth. Over the period under review, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2012 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2013; however, from 2014 to 2019, imports remained at a lower figure.

In value terms, aluminium bar imports contracted to $X in 2019. Overall, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, the United Arab Emirates (X tonnes) constituted the largest aluminium bar supplier to Saudi Arabia, accounting for a X% share of total imports. Moreover, aluminium bar imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Bahrain (X tonnes), sevenfold. The third position in this ranking was occupied by China (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from the United Arab Emirates stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bahrain (-X% per year) and China (-X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of aluminium bar to Saudi Arabia, comprising X% of total imports. The second position in the ranking was occupied by Bahrain ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from the United Arab Emirates stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bahrain (-X% per year) and China (-X% per year).

Import Prices by Country

In 2019, the average aluminium bar import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, import price indicated a notable expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, aluminium bar import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2019 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the United Arab Emirates ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Bahrain, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium bars, rods and profiles in the world?
+
The countries with the highest volumes of aluminium bar consumption in 2019 were China (5.1M tonnes), the U.S. (2.9M tonnes) and Brazil (1.2M tonnes), with a combined 49% share of global consumption.
What are the largest producers of aluminium bars, rods and profiles in the world?
+
The country with the largest volume of aluminium bar production was China (6.1M tonnes), comprising approx. 31% of total volume. Moreover, aluminium bar production in China exceeded the figures recorded by the second-largest producer, the U.S. (2.9M tonnes), twofold. Brazil (1.2M tonnes) ranked third in terms of total production with a 6.2% share.
What are the leading suppliers of aluminium bars, rods and profiles to Saudi Arabia?
+
In value terms, the United Arab Emirates ($94M) constituted the largest supplier of aluminium bar to Saudi Arabia, comprising 76% of total imports. The second position in the ranking was occupied by Bahrain ($12M), with a 9.4% share of total imports. It was followed by China, with a 4.1% share.
What are the leading importers of aluminium bars, rods and profiles from Saudi Arabia?
+
In value terms, the United Arab Emirates ($23M) remains the key foreign market for aluminium bar exports from Saudi Arabia, comprising 40% of total exports. The second position in the ranking was occupied by Bahrain ($9.5M), with a 17% share of total exports. It was followed by Morocco, with a 15% share.
What is the average export price for aluminium bars, rods and profiles in Saudi Arabia?
+
The average aluminium bar export price stood at $2,780 per tonne in 2019, shrinking by -6% against the previous year.
What is the average import price for aluminium bars, rods and profiles in Saudi Arabia?
+
The average aluminium bar import price stood at $3,696 per tonne in 2019, surging by 2.6% against the previous year.

Product coverage:
• Prodcom 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)
• Prodcom 24422250 - Aluminium alloy bars, rods, profiles and hollow profiles (excluding rods and profiles prepared for use in structures)

This report provides an in-depth analysis of the 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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