Price for Aluminium; Tubes and Pipes in Saudi Arabia - 2021
Contents:
- Price for Aluminium; Tubes and Pipes in Saudi Arabia (FOB) - 2022
- Exports of Aluminium; Tubes and Pipes in Saudi Arabia
Price for Aluminium; Tubes and Pipes in Saudi Arabia (FOB) - 2022
In 2022, the average aluminium; tubes and pipes export price amounted to $3,428 per ton, with a decrease of -11.4% against the previous year. In general, the export price recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 35%. The export price peaked at $4,870 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($3,503 per ton), while the average price for exports to the United Arab Emirates amounted to $2,861 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+0.9%).
Exports of Aluminium; Tubes and Pipes in Saudi Arabia
In 2022, the amount of aluminium; tubes and pipeses exported from Saudi Arabia rose significantly to 6.6K tons, surging by 5.9% against the previous year's figure. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, the exports attained the peak of 7K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, aluminium; tubes and pipes exports contracted to $23M in 2022. The total export value increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, the exports attained the peak of $24M, and then fell in the following year.
| Export of Aluminium; Tubes and Pipes in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 14.3 | 20.0 | 22.3 | 20.5 | 12.8% |
| United Arab Emirates | 4.6 | 1.1 | 1.7 | 2.2 | -21.8% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 18.9 | 21.2 | 24.2 | 22.7 | 6.3% |
Top Export Markets for Aluminium; Tubes and Pipes from Saudi Arabia in 2022:
- Oman (5.8K tons)
- United Arab Emirates (0.8K tons)
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