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Saudi Arabia - Machine-Tools For Working Any Material By Removal Of Material - Market Analysis, Forecast, Size, Trends and Insights
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Saudi Arabia: Overview of the Market for Machine-Tools For Working Any Material By Removal Of Material 2021

Market Size for Machine-Tools For Working Any Material By Removal Of Material in Saudi Arabia

The Saudi machine-tool for removing material market skyrocketed to $X in 2020, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded buoyant growth. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports from Saudi Arabia

In 2020, overseas shipments of machine-tools for working any material by removal of material decreased by -X% to X units for the first time since 2017, thus ending a two-year rising trend. Overall, exports recorded a sharp decline. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, exports reached the peak of X units. From 2014 to 2020, the growth exports failed to regain the momentum.

In value terms, machine-tool for removing material exports reduced markedly to $X in 2020. Over the period under review, exports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. From 2017 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Italy (X units) was the main destination for machine-tool for removing material exports from Saudi Arabia, with a approx. X% share of total exports.

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

In value terms, Italy ($X) also remains the key foreign market for machine-tool for removing material exports from Saudi Arabia.

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

Export Prices by Country

In 2020, the average machine-tool for removing material export price amounted to $X per unit, declining by -X% against the previous year. Overall, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% y-o-y. The export price peaked at $X per unit in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

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

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

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports into Saudi Arabia

In 2020, supplies from abroad of machine-tools for working any material by removal of material increased by X% to X units, rising for the fourth year in a row after four years of decline. Overall, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2009 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, machine-tool for removing material imports skyrocketed to $X in 2020. In general, imports saw a strong increase. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Imports peaked in 2020 and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Bahrain (X units) constituted the largest supplier of machine-tool for removing material to Saudi Arabia, accounting for a X% share of total imports. Moreover, machine-tool for removing material imports from Bahrain exceeded the figures recorded by the second-largest supplier, the U.S. (X units), more than tenfold. France (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Bahrain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and France (+X% per year).

In value terms, Turkey ($X) constituted the largest supplier of machine-tool for removing material to Saudi Arabia, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Turkey amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and France (-X% per year).

Import Prices by Country

The average machine-tool for removing material import price stood at $X per unit in 2020, growing by X% against the previous year. In general, the import price showed a notable increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% year-to-year. The import price peaked at $X per unit in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Turkey ($X per unit), while the price for Bahrain ($X per unit) was amongst the lowest.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machine-tools for working any material by removal of material in the world?
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The U.S. (200K units) remains the largest machine-tool for removing material consuming country worldwide, accounting for 22% of total volume. Moreover, machine-tool for removing material consumption in the U.S. exceeded the figures recorded by the second-largest consumer, China (91K units), twofold. Japan (87K units) ranked third in terms of total consumption with a 9.5% share.
What are the largest producers of machine-tools for working any material by removal of material in the world?
+
Germany (1.4M units) constituted the country with the largest volume of machine-tool for removing material production, comprising approx. 57% of total volume. Moreover, machine-tool for removing material production in Germany exceeded the figures recorded by the second-largest producer, China (279K units), fivefold. Singapore (117K units) ranked third in terms of total production with a 4.8% share.
What are the leading suppliers of machine-tools for working any material by removal of material to Saudi Arabia?
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In value terms, Turkey ($2.9M) constituted the largest supplier of machine-tool for removing material to Saudi Arabia, comprising 9.7% of total imports. The second position in the ranking was occupied by the U.S. ($485K), with a 1.6% share of total imports. It was followed by France, with a 0.3% share.
What are the leading importers of machine-tools for working any material by removal of material from Saudi Arabia?
+
In value terms, Italy ($151) remains the key foreign market for machine-tool for removing material exports from Saudi Arabia.
What is the average export price for machine-tools for working any material by removal of material in Saudi Arabia?
+
The average machine-tool for removing material export price stood at $11,977 per unit in 2020, falling by -8.5% against the previous year.
What is the average import price for machine-tools for working any material by removal of material in Saudi Arabia?
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The average machine-tool for removing material import price stood at $4,172 per unit in 2020, increasing by 13% against the previous year.

Product coverage:
• Prodcom 28411110 - Machine-tools for working any material by removal of material, operated by laser or other light or photon beam processes
• Prodcom 28411130 - Machine-tools for working any material by removal of material, operated by ultrasonic processes (excluding machines for the manufacture of semiconductor devices or of electronic integrated circuits)
• Prodcom 28411150 - Machine tools for working any material by removal of material, operated by electro-discharge processes
• Prodcom 28411170 - Machine-tools for working any material by removal of material, operated by electro-chemical, electron-beam, ionicbeam or plasma arc processes

This report provides an in-depth analysis of the market for machine-tool for removing material 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.


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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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