Saudi Arabia - Silicon - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSaudi Arabia: Silicon Market 2024
Silicon Market Size in Saudi Arabia
After three years of decline, the Saudi silicon market increased by X% to $X in 2023. In general, consumption saw a temperate expansion. As a result, consumption reached the peak level of $X. From 2017 to 2023, the growth of the market remained at a somewhat lower figure.
Silicon Production in Saudi Arabia
In value terms, silicon production stood at $X in 2023 estimated in export price. In general, production showed mild growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Silicon production peaked at $X in 2017; however, from 2018 to 2023, production stood at a somewhat lower figure.
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Silicon Exports
Exports from Saudi Arabia
In 2023, overseas shipments of silicon decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, posted a resilient expansion. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked at X tons in 2015; however, from 2016 to 2023, the exports remained at a lower figure.
In value terms, silicon exports reduced to $X in 2023. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2023, the exports failed to regain momentum.
Exports by Country
The United Arab Emirates (X tons) was the main destination for silicon exports from Saudi Arabia, with a X% share of total exports. Moreover, silicon exports to the United Arab Emirates exceeded the volume sent to the second major destination, Bahrain (X tons), sevenfold.
From 2013 to 2023, the average annual growth rate of volume to the United Arab Emirates totaled X%.
From 2013 to 2023, the average annual growth rate of value to the United Arab Emirates totaled X%.
Export Prices by Country
In 2023, the average silicon export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price showed a moderate expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to the United Arab Emirates stood at $X per ton.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.
Silicon Imports
Imports into Saudi Arabia
In 2018, purchases abroad of silicon decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2018, imports remained at a lower figure.
In value terms, silicon imports totaled $X in 2018. Overall, imports enjoyed a notable expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2018, imports failed to regain momentum.
Imports by Country
In 2018, China (X tons) was the main silicon supplier to Saudi Arabia, with a approx. X% share of total imports.
From 2012 to 2018, the average annual rate of growth in terms of volume from China totaled X%.
In value terms, China ($X) constituted the largest supplier of silicon to Saudi Arabia.
From 2012 to 2018, the average annual rate of growth in terms of value from China amounted to X%.
Import Prices by Country
The average silicon import price stood at $X per ton in 2018, standing approx. at the previous year. Overall, the import price recorded noticeable growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2018, the average 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 2012 to 2018, the rate of growth in terms of prices for China amounted to X% per year.
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This report provides an in-depth analysis of the silicon 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 20132150 - Silicon
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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