Report Update Apr 1, 2024

Saudi Arabia - Lifting Equipment Designed for Mounting on Road Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Mounting Lifting Equipment Market 2024

Mounting Lifting Equipment Market Size in Saudi Arabia

The Saudi mounting lifting equipment market expanded to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, posted a significant expansion. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Mounting Lifting Equipment Production in Saudi Arabia

In value terms, mounting lifting equipment production reached $X in 2022 estimated in export price. In general, production, however, posted significant growth. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Mounting lifting equipment production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Mounting Lifting Equipment Exports

Exports from Saudi Arabia

In 2022, overseas shipments of lifting equipment designed for mounting on road vehicles decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, posted strong growth. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, mounting lifting equipment exports reduced remarkably to $X in 2022. Over the period under review, exports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then declined dramatically in the following year.

Exports by Country

Germany (X units) was the main destination for mounting lifting equipment exports from Saudi Arabia, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest.

In value terms, Germany ($X) emerged as the key foreign market for lifting equipment designed for mounting on road vehicles exports from Saudi Arabia.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest.

Export Prices by Country

The average mounting lifting equipment export price stood at $X per unit in 2022, approximately equating the previous year. In general, the export price posted a prominent increase. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to X% per year.

Mounting Lifting Equipment Imports

Imports into Saudi Arabia

In value terms, mounting lifting equipment imports shrank to $X in 2021. Overall, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In value terms, Germany ($X) constituted the largest supplier of lifting equipment designed for mounting on road vehicles to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Italy (X% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lifting equipment designed for mounting on road vehicles in the world?

The countries with the highest volumes of consumption in 2023 were Belgium, China and the United States, with a combined 44% share of global consumption. India, Italy, Pakistan, Brazil, Russia, Japan, the UK, Ethiopia, the Philippines and South Korea lagged somewhat behind, together comprising a further 30%.

What are the largest producers of lifting equipment designed for mounting on road vehicles in the world?

The countries with the highest volumes of production in 2022 were Belgium, China and the United States, together comprising 44% of global production. Italy, India, Pakistan, Brazil, Japan, Russia, Austria, Ethiopia, South Korea and the Philippines lagged somewhat behind, together comprising a further 32%.

What are the leading importers of lifting equipment designed for mounting on road vehicles from Saudi Arabia?

In value terms, Germany emerged as the key foreign market for lifting equipment designed for mounting on road vehicles exports from Saudi Arabia.

What is the average export price for lifting equipment designed for mounting on road vehicles in Saudi Arabia?

In 2022, the average mounting lifting equipment export price amounted to $28,832 per unit, stabilizing at the previous year.

This report provides an in-depth analysis of the mounting lifting equipment market 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 28221460 - Lifting equipment designed for mounting on road vehicles

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