Cadmium Market in Saudi Arabia
Market Overview
The Saudi cadmium market amounted to less than $
in , approximately equating 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). Over the period under review, consumption continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when the market value decreased by % against the previous year. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to , consumption remained at a lower figure.
In value terms, cadmium production declined to $ in estimated in export price. Overall, production saw a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of % against the previous year. Cadmium production peaked at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
in , approximately equating 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). Over the period under review, consumption continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when the market value decreased by % against the previous year. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to , consumption remained at a lower figure.In value terms, cadmium production declined to $
in estimated in export price. Overall, production saw a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of % against the previous year. Cadmium production peaked at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.Consumption
In , consumption of cadmium and articles thereof in Saudi Arabia shrank to kg, which is down by -% compared with . In general, consumption saw a abrupt decrease. Over the period under review, consumption hit record highs at kg in 2007; however, from 2008 to , consumption remained at a lower figure.
The value of the cadmium market in Saudi Arabia was estimated at less than $ in , approximately reflecting 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). Over the period under review, consumption showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the market value decreased by %. Cadmium consumption peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.
, consumption of cadmium and articles thereof in Saudi Arabia shrank to kg, which is down by -% compared with . In general, consumption saw a abrupt decrease. Over the period under review, consumption hit record highs at kg in 2007; however, from 2008 to , consumption remained at a lower figure.The value of the cadmium market in Saudi Arabia was estimated at less than $
in , approximately reflecting 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). Over the period under review, consumption showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the market value decreased by %. Cadmium consumption peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for cadmium in Saudi Arabia, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to kg by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of% for the period from to , which is projected to bring the market value to less than $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to kg by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of
% for the period from to , which is projected to bring the market value to less than $ (in nominal prices) by the end of .Trade Balance
Saudi Arabia remains a net importer of cadmium; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of kg, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of kg, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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