Saudi Arabia: Capacitor Market 2024

Capacitor Market Size in Saudi Arabia

The Saudi capacitor market declined modestly to $X in 2022, reducing by X% against the previous year. Overall, consumption, however, saw a significant expansion. Capacitor consumption peaked at $X in 2021, and then contracted in the following year.

Capacitor Production in Saudi Arabia

In value terms, capacitor production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Capacitor production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Capacitor Exports

Exports from Saudi Arabia

After two years of growth, shipments abroad of electrical capacitors decreased by X% to X units in 2022. Overall, exports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, capacitor exports skyrocketed to $X in 2022. In general, exports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa (X units) was the main destination for capacitor exports from Saudi Arabia, with a X% share of total exports. Moreover, capacitor exports to South Africa exceeded the volume sent to the second major destination, Brazil (X units), sixfold. The third position in this ranking was held by Indonesia (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to South Africa was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Indonesia (X% per year).

In value terms, the largest markets for capacitor exported from Saudi Arabia were South Africa ($X), Bahrain ($X) and the Netherlands ($X), with a combined X% share of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of X.6%, saw 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 capacitor export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price showed a strong expansion. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Hungary (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (X.6%), while the prices for the other major destinations experienced more modest paces of growth.

Capacitor Imports

Imports into Saudi Arabia

In 2022, approx. X units of electrical capacitors were imported into Saudi Arabia; with a decrease of X% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then shrank significantly in the following year.

In value terms, capacitor imports shrank rapidly to $X in 2022. In general, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), the United States (X units) and Canada (X units) were the main suppliers of capacitor imports to Saudi Arabia, with a combined X% share of total imports. Japan, China and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Germany ($X) constituted the largest capacitor suppliers to Saudi Arabia, together accounting for X% of total imports. Canada, Japan and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average capacitor import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, recorded a drastic downturn. The growth pace was the most rapid in 2020 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Germany (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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