Report Update Apr 1, 2024

Saudi Arabia - Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Market for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers 2024

Market Size for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Saudi Arabia

The Saudi market for iron or steel gas domestic cooking appliances and plate warmers was estimated at $X in 2022, with an increase of 5.1% against the previous year. In general, consumption recorded a resilient expansion. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Saudi Arabia

In value terms, production of iron or steel gas domestic cooking appliances and plate warmers rose modestly to $X in 2022 estimated in export price. Overall, production saw a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 70% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Exports from Saudi Arabia

After two years of growth, shipments abroad of iron or steel gas domestic cooking appliances and plate warmers decreased by -83.2% to X units in 2022. Overall, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 866% against the previous year. As a result, the exports reached the peak of X units, and then shrank remarkably in the following year.

In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers fell markedly to $X in 2022. In general, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 450% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for exports of iron or steel gas domestic cooking appliances and plate warmers from Saudi Arabia, with a 86% share of total exports. Moreover, exports of iron or steel gas domestic cooking appliances and plate warmers to the United Arab Emirates exceeded the volume sent to the second major destination, Egypt (X units), sixfold.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled +18.2%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for iron or steel gas domestic cooking appliances and plate warmers exports from Saudi Arabia, comprising 83% of total exports. The second position in the ranking was taken by Egypt ($X), with a 17% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates amounted to +16.6%.

Export Prices by Country

The average export price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, increasing by 251% against the previous year. Overall, the export price, however, saw a slight reduction. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per unit), while the average price for exports to the United Arab Emirates totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+80.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Imports into Saudi Arabia

In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers fell slightly to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +140.5% against 2018 indices. The pace of growth was the most pronounced in 2019 with an increase of 68%. Over the period under review, imports of attained the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In value terms, Italy ($X) constituted the largest supplier of iron or steel gas domestic cooking appliances and plate warmers to Saudi Arabia, comprising 52% of total imports. The second position in the ranking was taken by Egypt ($X), with a 22% share of total imports. It was followed by Turkey, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+1.1% per year) and Turkey (+19.9% per year).

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Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel gas domestic cooking appliances and plate warmers in the world?

The countries with the highest volumes of consumption in 2022 were China, the United States and India, together comprising 37% of global consumption. Spain, Japan, Russia, the UK, Brazil, Indonesia, Mexico, Germany, Thailand and Canada lagged somewhat behind, together comprising a further 30%.

What are the largest producers of iron or steel gas domestic cooking appliances and plate warmers in the world?

China remains the largest iron or steel gas domestic cooking appliances and plate warmers producing country worldwide, comprising approx. 56% of total volume. Moreover, production of iron or steel gas domestic cooking appliances and plate warmers in China exceeded the figures recorded by the second-largest producer, India, sevenfold. Turkey ranked third in terms of total production with a 6.1% share.

What are the leading importers of iron or steel gas domestic cooking appliances and plate warmers from Saudi Arabia?

In value terms, the United Arab Emirates emerged as the key foreign market for iron or steel gas domestic cooking appliances and plate warmers exports from Saudi Arabia, comprising 83% of total exports. The second position in the ranking was held by Egypt, with a 17% share of total exports.

What is the average export price for iron or steel gas domestic cooking appliances and plate warmers in Saudi Arabia?

The average export price for iron or steel gas domestic cooking appliances and plate warmers stood at $153 per unit in 2022, with an increase of 251% against the previous year.

This report provides an in-depth analysis of the market for iron or steel gas domestic cooking appliances and plate warmers 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)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023