Report Saudi Arabia - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 3, 2023

Saudi Arabia - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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Saudi Arabia: Market for Precious Metal Ores And Concentrates 2023

Market Size for Precious Metal Ores And Concentrates in Saudi Arabia

In 2021, after five years of growth, there was significant decline in the Saudi market for precious metal ores and concentrates, when its value decreased by -10.6% to $X. Over the period under review, consumption, however, continues to indicate a significant expansion. Precious metal ore and concentrate consumption peaked at $X in 2020, and then declined in the following year.

Production of Precious Metal Ores And Concentrates in Saudi Arabia

In value terms, precious metal ore and concentrate production dropped to $X in 2021 estimated in export price. In general, production, however, posted a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of 81% against the previous year. Precious metal ore and concentrate production peaked at $X in 2020, and then reduced in the following year.

Exports of Precious Metal Ores And Concentrates

Exports from Saudi Arabia

In 2021, shipments abroad of precious metal ores and concentrates decreased by 0% to X tons, falling for the second year in a row after three years of decline. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 491% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, precious metal ore and concentrate exports stood at $X in 2021. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 0.7% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Malaysia (X tons) was the main destination for precious metal ore and concentrate exports from Saudi Arabia, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Malaysia was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Malaysia was relatively modest.

Export Prices by Country

The average export price for precious metal ores and concentrates stood at $X per ton in 2021, approximately equating the previous year. Over the period under review, the export price saw a perceptible decrease. The growth pace was the most rapid in 2017 when the average export price increased by 345% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +344.7% per year.

Imports of Precious Metal Ores And Concentrates

Imports into Saudi Arabia

In 2015, precious metal ore and concentrate imports into Saudi Arabia was estimated at X tons, standing approx. at the year before. Overall, imports saw a significant expansion. The smallest decline of 99.9% was in 2014. Imports peaked in 2015 and are expected to retain growth in years to come.

In value terms, precious metal ore and concentrate imports totaled $X in 2015. In general, imports continue to indicate a deep reduction. The smallest decline of 99.9% was in 2014. Imports peaked at $X in 2013; however, from 2014 to 2015, imports stood at a somewhat lower figure.

Imports by Country

In 2015, China (X tons) was the main supplier of precious metal ore and concentrate to Saudi Arabia, with a approx. 99% share of total imports.

From 2013 to 2015, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of precious metal ore and concentrate to Saudi Arabia.

From 2013 to 2015, the average annual growth rate of value from China stood at -9.2%.

Import Prices by Country

In 2015, the average import price for precious metal ores and concentrates amounted to $X per ton, remaining constant against the previous year. In general, the import price recorded a dramatic decline. The most prominent rate of growth was recorded in 2014 a decrease of 99.9% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2015, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2013 to 2015, the rate of growth in terms of prices for China amounted to -79.9% per year.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for precious metal ores and concentrates in the world?
+
China remains the largest precious metal ore and concentrate consuming country worldwide, accounting for 30% of total volume. Moreover, precious metal ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sevenfold. Kyrgyzstan ranked third in terms of total consumption with a 4.3% share.
What are the largest producers of precious metal ores and concentrates in the world?
+
The countries with the highest volumes of production in 2021 were Kyrgyzstan, Peru and Australia, together accounting for 20% of global production. These countries were followed by Russia, the United States, Brazil, India, Indonesia, Pakistan, Mexico, Bangladesh, Ecuador and Turkey, which together accounted for a further 37%.
What are the leading suppliers of precious metal ores and concentrates to Saudi Arabia?
+
In value terms, China constituted the largest supplier of precious metal ore and concentrate to Saudi Arabia.
What is the average export price for precious metal ores and concentrates in Saudi Arabia?
+
The average export price for precious metal ores and concentrates stood at $7,220 per ton in 2021, leveling off at the previous year.
What is the average import price for precious metal ores and concentrates in Saudi Arabia?
+
In 2015, the average import price for precious metal ores and concentrates amounted to $17,899 per ton, approximately equating the previous year.

This report provides an in-depth analysis of the market for precious metal ore and concentrate 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 07291400 - Precious metal ores and concentrates
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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