Saudi Arabia: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in Saudi Arabia

The Saudi anti-freezing preparations market expanded significantly to $X in 2022, picking up by X% against the previous year. Overall, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Anti-freezing preparations consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Anti-Freezing Preparations Production in Saudi Arabia

In value terms, anti-freezing preparations production expanded significantly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Anti-Freezing Preparations Exports

Exports from Saudi Arabia

In 2022, shipments abroad of anti-freezing preparations and prepared de-icing fluids decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then fell in the following year.

In value terms, anti-freezing preparations exports shrank remarkably to $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined markedly in the following year.

Exports by Country

Pakistan (X tons), Egypt (X tons) and Oman (X tons) were the main destinations of anti-freezing preparations exports from Saudi Arabia, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for anti-freezing preparations exported from Saudi Arabia were Pakistan ($X), Kuwait ($X) and Egypt ($X), together accounting for X% of total exports.

Among the main countries of destination, Kuwait, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average anti-freezing preparations export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Egypt ($X 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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Anti-Freezing Preparations Imports

Imports into Saudi Arabia

Anti-freezing preparations imports into Saudi Arabia soared to X tons in 2022, with an increase of X% against 2021. Over the period under review, imports recorded a strong increase. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, anti-freezing preparations imports amounted to $X in 2022. In general, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X tons), the United Arab Emirates (X tons) and Belgium (X tons) were the main suppliers of anti-freezing preparations imports to Saudi Arabia, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of anti-freezing preparations and prepared de-icing fluids to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Japan (X% per year).

Import Prices by Country

The average anti-freezing preparations import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Japan ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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