Report Saudi Arabia - Hot-Rolled Bars of High Speed Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 22, 2022

Saudi Arabia - Hot-Rolled Bars of High Speed Steel - Market Analysis, Forecast, Size, Trends and Insights
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Saudi Arabia: Market for Hot-Rolled Bars Of High Speed Steel 2022

Market Size for Hot-Rolled Bars Of High Speed Steel in Saudi Arabia

In 2021, the Saudi market for hot-rolled bars of high speed steel decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption continues to indicate a sharp curtailment. Hot-rolled high speed steel bar consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Hot-Rolled Bars Of High Speed Steel in Saudi Arabia

In value terms, hot-rolled high speed steel bar production declined modestly to $X in 2021 estimated in export price. Over the period under review, production showed a pronounced setback. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Hot-rolled high speed steel bar production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Hot-Rolled Bars Of High Speed Steel

Exports from Saudi Arabia

In 2021, approx. less than X kg of hot-rolled bars of high speed steel were exported from Saudi Arabia; remaining relatively unchanged against 2020. In general, exports continue to indicate a abrupt slump. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, hot-rolled high speed steel bar exports stood at less than $X in 2021. Over the period under review, exports saw a sharp decrease. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for hot-rolled high speed steel bar exports from Saudi Arabia, with a X% share of total exports. Moreover, hot-rolled high speed steel bar exports to the United Arab Emirates exceeded the volume sent to the second major destination, Djibouti (X tons), threefold.

From 2012 to 2019, the average annual growth rate of volume to the United Arab Emirates totaled +X%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for hot-rolled high speed steel bar exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was taken by Djibouti ($X), with a X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of value to the United Arab Emirates stood at +X%.

Export Prices by Country

In 2019, the average export price for hot-rolled bars of high speed steel amounted to $X per ton, reducing by -X% against the previous year. In general, the export price saw a abrupt slump. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2019, the country with the highest price was Djibouti ($X per ton), while the average price for exports to the United Arab Emirates totaled $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (X%).

Imports of Hot-Rolled Bars Of High Speed Steel

Imports into Saudi Arabia

In 2021, hot-rolled high speed steel bar imports into Saudi Arabia stood at less than X kg, remaining constant against 2020 figures. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, hot-rolled high speed steel bar imports amounted to less than $X in 2021. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2012, the United Arab Emirates (X tons) was the main hot-rolled high speed steel bar supplier to Saudi Arabia, with a approx. X% share of total imports.

From 2012 to 2012, the average annual growth rate of volume from the United Arab Emirates was relatively modest.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of hot-rolled high speed steel bar to Saudi Arabia.

From 2012 to 2012, the average annual growth rate of value from the United Arab Emirates was relatively modest.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled bars of high speed steel in the world?
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The country with the largest volume of hot-rolled high speed steel bar consumption was Russia, accounting for 88% of total volume. Moreover, hot-rolled high speed steel bar consumption in Russia exceeded the figures recorded by the second-largest consumer, Singapore, more than tenfold.
What are the largest producers of hot-rolled bars of high speed steel in the world?
+
Russia constituted the country with the largest volume of hot-rolled high speed steel bar production, accounting for 89% of total volume. Moreover, hot-rolled high speed steel bar production in Russia exceeded the figures recorded by the second-largest producer, Singapore, more than tenfold.
What are the leading suppliers of hot-rolled bars of high speed steel to Saudi Arabia?
+
In value terms, the United Arab Emirates constituted the largest supplier of hot-rolled high speed steel bar to Saudi Arabia.
What are the leading importers of hot-rolled bars of high speed steel from Saudi Arabia?
+
In value terms, the United Arab Emirates remains the key foreign market for hot-rolled high speed steel bar exports from Saudi Arabia, comprising 76% of total exports. The second position in the ranking was held by Djibouti, with a 24% share of total exports.
What is the average export price for hot-rolled bars of high speed steel in Saudi Arabia?
+
The average export price for hot-rolled bars of high speed steel stood at $584 per ton in 2019, shrinking by -54% against the previous year.

This report provides an in-depth analysis of the market for hot-rolled high speed steel bar 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 24106610 - Hot-rolled bars of high speed steel
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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