Report Update May 1, 2024

Saudi Arabia - Iron or Steel Leaf-Springs and Leaves - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in Saudi Arabia

In 2020, the Saudi market for iron or steel leaf-springs and leaves increased by X% to $X, rising for the second consecutive year after four years of decline. Overall, consumption saw a pronounced increase. The most prominent rate of growth was recorded in 2019 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports from Saudi Arabia

In 2020, approx. X kg of iron or steel leaf-springs and leaves were exported from Saudi Arabia; which is down by -X% compared with the year before. Overall, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tons in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, exports of iron or steel leaf-springs and leaves skyrocketed to $X in 2020. In general, exports faced a deep slump. Exports peaked at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

Bahrain (X kg) was the main destination for exports of iron or steel leaf-springs and leaves from Saudi Arabia, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Bahrain totaled -X%.

From 2007 to 2020, the average annual growth rate of value to Bahrain totaled -X%.

Export Prices by Country

In 2020, the average export price for iron or steel leaf-springs and leaves amounted to $X per ton, increasing by X% against the previous year. In general, the export price posted significant growth. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2020, the rate of growth in terms of prices for Bahrain amounted to +X% per year.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports into Saudi Arabia

In 2020, purchases abroad of iron or steel leaf-springs and leaves increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports continue to indicate a notable increase. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

In value terms, imports of iron or steel leaf-springs and leaves soared to $X in 2020. In general, imports recorded a mild expansion. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Germany (X tons) were the main suppliers of imports of iron or steel leaf-springs and leaves to Saudi Arabia, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel leaf-spring and leave suppliers to Saudi Arabia were the United Arab Emirates ($X), Germany ($X) and China ($X), together accounting for X% of total imports.

China recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, declining by -X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% y-o-y. As a result, import price attained the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel leaf-springs and leaves in the world?

The country with the largest volume of consumption of iron or steel leaf-springs and leaves was China, comprising approx. 25% of total volume. Moreover, consumption of iron or steel leaf-springs and leaves in China exceeded the figures recorded by the second-largest consumer, the U.S., twofold. The third position in this ranking was occupied by India, with a 8.5% share.

What are the largest producers of iron or steel leaf-springs and leaves in the world?

China remains the largest iron or steel leaf-spring and leave producing country worldwide, comprising approx. 29% of total volume. Moreover, production of iron or steel leaf-springs and leaves in China exceeded the figures recorded by the second-largest producer, Mexico, twofold. The third position in this ranking was occupied by India, with a 9.3% share.

What are the leading suppliers of iron or steel leaf-springs and leaves to Saudi Arabia?

In value terms, the United Arab Emirates, Germany and China were the largest iron or steel leaf-spring and leave suppliers to Saudi Arabia, with a combined 76% share of total imports.

What is the average export price for iron or steel leaf-springs and leaves in Saudi Arabia?

The average export price for iron or steel leaf-springs and leaves stood at $798,437 per ton in 2020, surging by 75,752% against the previous year.

What is the average import price for iron or steel leaf-springs and leaves in Saudi Arabia?

The average import price for iron or steel leaf-springs and leaves stood at $1,902 per ton in 2020, declining by -7.5% against the previous year.

This report provides an in-depth analysis of the market for iron or steel leaf-spring and leave 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 2025.

Product coverage:

Prodcom 25931613 - Iron or steel hot-worked laminated leaf-springs and leaves therefor
Prodcom 25931615 - Iron or steel hot-worked non-laminated leaf-springs and leaves therefor
Prodcom 25931617 - Iron or steel cold-formed leaf-springs and leaves therefor

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