| Product Code: ETC033839 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the Saudi Arabia nonferrous metal products market, the import trend saw a growth rate of 13.71% from 2023 to 2024, following a compound annual growth rate (CAGR) of -8.29% from 2020 to 2024. This shift in import momentum could be attributed to evolving demand dynamics or changes in trade policies affecting market stability.
The Saudi Arabia Nonferrous Metal Products market is expected to witness a significant growth during the forecast period (2025-2031). Factors such as increasing construction activities, industrialization, and growing demand for various metal products in the country are driving the nonferrous metal products market in Saudi Arabia. Additionally, rising investments from foreign players into this sector have led to an increase in production capacity of nonferrous metals. Moreover, government initiatives towards sustainable development coupled with technological advancements are anticipated to boost the sales of nonferrous metal products during this timeline.
The rise in construction activities due to rapid urbanization and industrialization is one of the key drivers for market growth. Growing demand for aluminum and copper based materials from electrical & electronics industry and automotive sector will propel product penetration across different application areas. Developing countries including China & India are investing heavily on infrastructure projects which is likely to drive regional growth over coming years.
Volatility in raw material prices along with stringent regulations imposed by governments could hamper product demand over next few years. Fluctuating exchange rates between US Dollar & other currencies limit opportunities for manufacturers operating regionally.
The outbreak of Covid-19 had a profound effect on all industries especially manufacturing sector owing to disruptions arisen out through supply chain related issues and disruption caused with regard t labor availability .However ,non ferrous metal industry witnessed some kind o steady progress mainly due tot he fact that majorityof its end use applications belong sot essential goods category hence experiencing limited impact comparedto other industries like automotive chemical etc .Despite slowdown causedin certain segments ,marketis expectedto show considerable recovery post pandemic situation eventually leadingtowards positive trajectoryovercoming challenges posed by coronavirus pandemic across globe .
Major players profiled in report include Arconic Inc., Aurubis AG , Alcoa Corporation; Norsk Hydro ASA ; Umicore SA/NV
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 Nonferrous Metal Products Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Nonferrous Metal Products Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Nonferrous Metal Products Market - Industry Life Cycle |
3.4 Saudi Arabia Nonferrous Metal Products Market - Porter's Five Forces |
3.5 Saudi Arabia Nonferrous Metal Products Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Nonferrous Metal Products Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Saudi Arabia Nonferrous Metal Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for nonferrous metal products in various industries such as construction, automotive, and electronics. |
4.2.2 Growing investments in infrastructure projects and industrial developments in Saudi Arabia. |
4.2.3 Favorable government policies and initiatives to promote the nonferrous metal products market. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of nonferrous metals in the global market. |
4.3.2 Intense competition from other metal products and substitutes. |
4.3.3 Economic uncertainties and geopolitical factors impacting the metal industry. |
5 Saudi Arabia Nonferrous Metal Products Market Trends |
6 Saudi Arabia Nonferrous Metal Products Market, By Types |
6.1 Saudi Arabia Nonferrous Metal Products Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Nonferrous Metal Products Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Nonferrous Metal Products Market Revenues & Volume, By Smelting and Refining, 2021-2031F |
6.1.4 Saudi Arabia Nonferrous Metal Products Market Revenues & Volume, By Rolling, 2021-2031F |
6.1.5 Saudi Arabia Nonferrous Metal Products Market Revenues & Volume, By Drawing, 2021-2031F |
6.1.6 Saudi Arabia Nonferrous Metal Products Market Revenues & Volume, By Extruding, 2021-2031F |
6.1.7 Saudi Arabia Nonferrous Metal Products Market Revenues & Volume, By Alloying, 2021-2031F |
6.1.8 Saudi Arabia Nonferrous Metal Products Market Revenues & Volume, By Other, 2021-2031F |
6.2 Saudi Arabia Nonferrous Metal Products Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Nonferrous Metal Products Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Saudi Arabia Nonferrous Metal Products Market Revenues & Volume, By Electronic Power, 2021-2031F |
6.2.4 Saudi Arabia Nonferrous Metal Products Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Saudi Arabia Nonferrous Metal Products Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Nonferrous Metal Products Market Import-Export Trade Statistics |
7.1 Saudi Arabia Nonferrous Metal Products Market Export to Major Countries |
7.2 Saudi Arabia Nonferrous Metal Products Market Imports from Major Countries |
8 Saudi Arabia Nonferrous Metal Products Market Key Performance Indicators |
8.1 Scrap metal recycling rate in Saudi Arabia. |
8.2 Percentage of nonferrous metal imports compared to total consumption. |
8.3 Number of new product innovations and technologies introduced in the market. |
9 Saudi Arabia Nonferrous Metal Products Market - Opportunity Assessment |
9.1 Saudi Arabia Nonferrous Metal Products Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Nonferrous Metal Products Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Saudi Arabia Nonferrous Metal Products Market - Competitive Landscape |
10.1 Saudi Arabia Nonferrous Metal Products Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Nonferrous Metal Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |