| Product Code: ETC425855 | Publication Date: Oct 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
From 2023 to 2024, Saudi Arabia`s import momentum for the copper & copper alloy market experienced a notable growth rate of 23.44%, with a compound annual growth rate (CAGR) of 20.24% from 2020 to 2024. This increase in imports could be attributed to a shift in demand patterns or changes in trade policies during that period.
In the Saudi Arabia copper and copper alloy market, the outlook remains promising. Copper and its alloys are essential materials in electrical and electronics applications, as well as in plumbing and construction. The country`s growing construction industry and the increasing demand for electrical appliances and wiring systems support the continuous demand for copper and copper alloys.
The Saudi Arabia copper and copper alloy market experiences growth due to several drivers. One prominent factor is the construction and electrical industries` reliance on copper materials for wiring, plumbing, and electrical components. As urbanization and industrialization continue in the country, the demand for copper and its alloys remains steady. Additionally, the transition to renewable energy sources, such as solar power, further propels the use of copper in electrical systems, supporting market expansion.
In the Saudi Arabian copper and copper alloy market, the primary challenge is the fluctuation of copper prices in the international market, which can significantly affect production costs and profitability. Moreover, the industry faces competition from other materials like aluminum and steel, which offer cost advantages in certain applications. The need for continuous innovation to develop new copper alloys with improved properties and environmental sustainability is another pressing concern. Additionally, maintaining a skilled workforce in metallurgy and copper processing is vital for the industry`s growth. Saudi Arabian copper producers must stay adaptable and responsive to market dynamics, invest in research and development, and explore new applications for copper and its alloys to overcome these challenges.
Copper and copper alloy markets in Saudi Arabia faced challenges during the pandemic, particularly in the construction and electronics sectors. Supply chain disruptions and reduced construction activities affected demand for these materials. However, the long-term outlook remains positive as copper is an essential material in various industries, including telecommunications and renewable energy. As the economy recovers and infrastructure projects progress, the demand for copper and copper alloys is likely to rebound.
The Saudi Arabia copper and copper alloy market is dominated by companies like Saudi Arabia Metals and Alloys Company (SAMACO), National Metal Manufacturing and Casting Co. (Maadaniyah), and Arabian Metal Industries Limited.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Copper & Copper Alloy Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Copper & Copper Alloy Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Copper & Copper Alloy Market - Industry Life Cycle |
3.4 Saudi Arabia Copper & Copper Alloy Market - Porter's Five Forces |
3.5 Saudi Arabia Copper & Copper Alloy Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Saudi Arabia Copper & Copper Alloy Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Copper & Copper Alloy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction and infrastructure development projects in Saudi Arabia increasing the demand for copper and copper alloys. |
4.2.2 Expansion of the electrical and electronics industry in the country driving the need for copper and copper alloys. |
4.2.3 Increasing investments in renewable energy projects leading to higher demand for copper for use in solar panels and wind turbines. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production of copper and copper alloys. |
4.3.2 Economic uncertainties affecting the overall demand for copper and copper alloys in the market. |
5 Saudi Arabia Copper & Copper Alloy Market Trends |
6 Saudi Arabia Copper & Copper Alloy Market, By Types |
6.1 Saudi Arabia Copper & Copper Alloy Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Copper & Copper Alloy Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Saudi Arabia Copper & Copper Alloy Market Revenues & Volume, By Copper Foil, 2021-2031F |
6.1.4 Saudi Arabia Copper & Copper Alloy Market Revenues & Volume, By Brass Foil, 2021-2031F |
6.1.5 Saudi Arabia Copper & Copper Alloy Market Revenues & Volume, By Bronze Foil, 2021-2031F |
6.1.6 Saudi Arabia Copper & Copper Alloy Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Copper & Copper Alloy Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Copper & Copper Alloy Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Saudi Arabia Copper & Copper Alloy Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.4 Saudi Arabia Copper & Copper Alloy Market Revenues & Volume, By Industrial Machinery, 2021-2031F |
6.2.5 Saudi Arabia Copper & Copper Alloy Market Revenues & Volume, By Consumer Goods, 2021-2031F |
7 Saudi Arabia Copper & Copper Alloy Market Import-Export Trade Statistics |
7.1 Saudi Arabia Copper & Copper Alloy Market Export to Major Countries |
7.2 Saudi Arabia Copper & Copper Alloy Market Imports from Major Countries |
8 Saudi Arabia Copper & Copper Alloy Market Key Performance Indicators |
8.1 Copper prices on the global market. |
8.2 Saudi Arabia's GDP growth rate. |
8.3 Number of construction permits issued in Saudi Arabia. |
8.4 Installed capacity of renewable energy sources in the country. |
8.5 Number of new electrical and electronic manufacturing facilities established in Saudi Arabia. |
9 Saudi Arabia Copper & Copper Alloy Market - Opportunity Assessment |
9.1 Saudi Arabia Copper & Copper Alloy Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Saudi Arabia Copper & Copper Alloy Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Copper & Copper Alloy Market - Competitive Landscape |
10.1 Saudi Arabia Copper & Copper Alloy Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Copper & Copper Alloy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |