Overview of the Market for Non-Malleable Cast Iron Pipe Fittings in Saudi Arabia
The size of the market for tube or pipe fittings of non-malleable cast iron in Saudi Arabia surged to $ in 2018, jumping by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of % y-o-y. Over the period under review, the market reached the peak level at $ in 2015; however, from 2016 to 2018, consumption remained at a lower figure.