
Saudi Arabia - Sawing Machines for Working Stone, Ceramics and Concrete - Market Analysis, Forecast, Size, Trends and Insights
Saudi Arabia: Stone Sawing Machine Market 2023
Stone Sawing Machine Market Size in Saudi Arabia
The Saudi stone sawing machine market rose rapidly to $X in 2021, with an increase of 11% against the previous year. The market value increased at an average annual rate of +5.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Stone sawing machine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.
Stone Sawing Machine Production in Saudi Arabia
In value terms, stone sawing machine production expanded markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +5.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the production volume increased by 33%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.
Stone Sawing Machine Exports
Exports from Saudi Arabia
Stone sawing machine exports from Saudi Arabia dropped dramatically to X units in 2021, declining by -37.7% against the previous year. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 917% against the previous year. As a result, the exports attained the peak of X units, and then fell notably in the following year.
In value terms, stone sawing machine exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 219% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.
Exports by Country
Jordan (X units), Oman (X units) and the United Arab Emirates (X units) were the main destinations of stone sawing machine exports from Saudi Arabia, with a combined 89% share of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +29.2%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for stone sawing machine exported from Saudi Arabia were the UK ($X), the United Arab Emirates ($X) and Oman ($X), with a combined 64% share of total exports.
In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +82.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average stone sawing machine export price stood at $X per unit in 2021, jumping by 179% against the previous year. Overall, the export price, however, saw a precipitous shrinkage. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the UK ($X per unit), while the average price for exports to Jordan ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-12.5%).
Stone Sawing Machine Imports
Imports into Saudi Arabia
In 2021, approx. less than X units of sawing machines for working stone, ceramics and concrete were imported into Saudi Arabia; remaining constant against 2020. In general, imports saw a relatively flat trend pattern.
In value terms, stone sawing machine imports skyrocketed to $X in 2021. Over the period under review, imports faced a deep setback. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the stone sawing machine 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Recommended reports
This report provides an in-depth analysis of the stone sawing machine market in Asia.
This report provides an in-depth analysis of the global stone sawing machine market.
This report provides an in-depth analysis of the stone sawing machine market in the EU.
This report provides an in-depth analysis of the stone sawing machine market in the U.S..
This report provides an in-depth analysis of the stone sawing machine market in China.
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET
Join our live webinar to get insights into the global metal tank market.
Thursday, April 15th, 2021 @ 04:00 pm ET
Join our live webinar to get insights into cooling innovations in the oil and gas industry.
Monday, November 2nd, 2020 @ 04:00 pm ET