Report Saudi Arabia - Bending or Assembling Machines - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

Saudi Arabia - Bending or Assembling Machines - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Wood Bending Machine Market 2022

Wood Bending Machine Market Size in Saudi Arabia

In 2021, after two years of growth, there was significant decline in the Saudi wood bending machine market, when its value decreased by -64.7% to $X. In general, consumption recorded a pronounced downturn. As a result, consumption attained the peak level of $X, and then contracted rapidly in the following year.

Wood Bending Machine Production in Saudi Arabia

In value terms, wood bending machine production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when the production volume increased by 24% against the previous year. As a result, production attained the peak level of $X, and then declined in the following year.

Wood Bending Machine Exports

Exports from Saudi Arabia

After two years of decline, shipments abroad of bending or assembling machines increased by 594% to X units in 2021. In general, exports posted strong growth. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood bending machine exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a buoyant increase. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for wood bending machine exports from Saudi Arabia, accounting for a 85% share of total exports. Moreover, wood bending machine exports to the United Arab Emirates exceeded the volume sent to the second major destination, Kuwait (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates totaled +22.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+900.0% per year) and Jordan (0.0% per year).

In value terms, Jordan ($X), the United Arab Emirates ($X) and Kuwait ($X) appeared to be the largest markets for wood bending machine exported from Saudi Arabia worldwide, with a combined 99.9% share of total exports.

In terms of the main countries of destination, Kuwait, with a CAGR of +1,620.2%, recorded the highest growth rate of 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 wood bending machine export price stood at $X per unit in 2021, with an increase of 71% against the previous year. Overall, the export price, however, saw a deep slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 118%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Jordan ($X per unit), while the average price for exports to the United Arab Emirates ($X 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 Kuwait (+81.4%), while the prices for the other major destinations experienced mixed trend patterns.

Wood Bending Machine Imports

Imports into Saudi Arabia

In 2021, approx. X units of bending or assembling machines were imported into Saudi Arabia; which is down by -94.8% compared with 2020 figures. In general, imports faced a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of 54% against the previous year. Over the period under review, imports reached the peak figure at X units in 2020, and then fell significantly in the following year.

In value terms, wood bending machine imports dropped rapidly to $X in 2021. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 63% against the previous year. Imports peaked at $X in 2020, and then contracted remarkably in the following year.

Imports by Country

China (X units), Italy (X units) and Germany (X units) were the main suppliers of wood bending machine imports to Saudi Arabia, with a combined 77% share of total imports. San Marino, India, Lebanon, Pakistan, Latvia, Egypt, Turkey and New Zealand lagged somewhat behind, together accounting for a further 18%.

From 2014 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by San Marino (with a CAGR of 0.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and Germany ($X) constituted the largest wood bending machine suppliers to Saudi Arabia, together accounting for 88% of total imports.

China, with a CAGR of +5.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average wood bending machine import price amounted to $X per unit, leveling off at the previous year. In general, the import price recorded slight growth. The most prominent rate of growth was recorded in 2016 an increase of 5.7%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per unit), while the price for Egypt ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for bending or assembling machines in the world?
+
The countries with the highest volumes of consumption in 2021 were the United States, the Netherlands and France, with a combined 58% share of global consumption. These countries were followed by Brazil, Austria, Japan, Russia, Morocco, Slovakia and India, which together accounted for a further 18%.
What are the largest producers of bending or assembling machines in the world?
+
The countries with the highest volumes of production in 2021 were China, Austria and France, with a combined 47% share of global production. These countries were followed by Germany, the Netherlands, Italy, Japan, Slovenia, Canada, Finland, Slovakia and Turkey, which together accounted for a further 43%.
What are the leading suppliers of bending or assembling machines to Saudi Arabia?
+
In value terms, the largest wood bending machine suppliers to Saudi Arabia were China, Italy and Germany, with a combined 88% share of total imports.
What are the leading importers of bending or assembling machines from Saudi Arabia?
+
In value terms, Jordan, the United Arab Emirates and Kuwait constituted the largest markets for wood bending machine exported from Saudi Arabia worldwide, with a combined 99.9% share of total exports.
What is the average export price for bending or assembling machines in Saudi Arabia?
+
The average wood bending machine export price stood at $812 per unit in 2021, increasing by 71% against the previous year.
What is the average import price for bending or assembling machines in Saudi Arabia?
+
In 2021, the average wood bending machine import price amounted to $26,788 per unit, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the wood bending machine 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 28491265 - Bending or assembling machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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