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Saudi Arabia - Domestic, Non-Electric, Cooking or Heating Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2022

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in Saudi Arabia

In 2021, after two years of growth, there was significant decline in the Saudi market for domestic, non-electric, cooking or heating appliances, when its value decreased by -X% to $X. Overall, the total consumption indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2018 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from Saudi Arabia

In 2021, overseas shipments of domestic, non-electric, cooking or heating appliances increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, saw a deep slump. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of domestic, non-electric, cooking or heating appliances rose rapidly to $X in 2021. Over the period under review, exports, however, showed a abrupt decrease. Over the period under review, the exports of attained the maximum at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X tons) was the main destination for exports of domestic, non-electric, cooking or heating appliances from Saudi Arabia, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman amounted to +X%.

From 2012 to 2021, the average annual growth rate of value to Oman stood at +X%.

Export Prices by Country

In 2021, the average export price for domestic, non-electric, cooking or heating appliances amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Oman.

From 2012 to 2021, the rate of growth in terms of prices for Oman amounted to -X% per year.

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into Saudi Arabia

After two years of growth, overseas purchases of domestic, non-electric, cooking or heating appliances decreased by -X% to X tons in 2021. Over the period under review, total imports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, imports of domestic, non-electric, cooking or heating appliances declined to $X in 2021. In general, total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports of reached the peak figure at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Oman (X tons) constituted the largest domestic, non-electric, cooking or heating appliance supplier to Saudi Arabia, with a X% share of total imports. Moreover, imports of domestic, non-electric, cooking or heating appliances from Oman exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. Syrian Arab Republic (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Oman was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Syrian Arab Republic (+X% per year).

In value terms, Oman ($X) constituted the largest supplier of domestic, non-electric, cooking or heating appliance to Saudi Arabia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Oman was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Egypt (-X% per year).

Import Prices by Country

In 2021, the average import price for domestic, non-electric, cooking or heating appliances amounted to $X per ton, surging by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Oman ($X per ton), while the price for Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), 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 domestic, non-electric, cooking or heating appliances in the world?

The countries with the highest volumes of consumption in 2021 were the United States, India and China, with a combined 43% share of global consumption. These countries were followed by Egypt, Japan, Russia, Canada, Indonesia, Brazil, Pakistan, Mexico, the UK and Germany, which together accounted for a further 31%.

What are the largest producers of domestic, non-electric, cooking or heating appliances in the world?

China remains the largest domestic, non-electric, cooking or heating appliance producing country worldwide, accounting for 40% of total volume. Moreover, production of domestic, non-electric, cooking or heating appliances in China exceeded the figures recorded by the second-largest producer, India, threefold. Egypt ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of domestic, non-electric, cooking or heating appliances to Saudi Arabia?

In value terms, Oman constituted the largest supplier of domestic, non-electric, cooking or heating appliance to Saudi Arabia, comprising 85% of total imports. The second position in the ranking was taken by China, with a 5.2% share of total imports. It was followed by Egypt, with a 2.9% share.

What is the average export price for domestic, non-electric, cooking or heating appliances in Saudi Arabia?

The average export price for domestic, non-electric, cooking or heating appliances stood at $2,338 per ton in 2021, reducing by -2.8% against the previous year.

What is the average import price for domestic, non-electric, cooking or heating appliances in Saudi Arabia?

The average import price for domestic, non-electric, cooking or heating appliances stood at $4,345 per ton in 2021, rising by 2.1% against the previous year.

This report provides an in-depth analysis of the market for domestic, non-electric, cooking or heating appliance 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 27521113 - Iron or steel gas domestic cooking appliances and plate warmers, with an oven (including those with subsidiary boilers for central heating, separate ovens for both gas and other fuels)

• Prodcom 27521115 - Iron or steel gas domestic cooking appliances and plate warmers (including those with subsidiary boilers for central heating, for both gas and other fuels, excluding those with ovens)

• Prodcom 27521190 - Other domestic cooking appliances and plate warmers, of iron or steel or of copper, non-electric

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