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Saudi Arabia’s Aluminum Sheet and Plate Market Outlook Report

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A major portion of aluminum sheets and plates fall in the non-heat-treatable alloy category. Series 3xxx and 5xxx alloys take the largest market share. There are also series 1xxx alloy sheets and plates, mainly used in electrical applications. Aluminum sheets and plates in Saudi Arabia are mostly produced using hot rolling. Hot rolling can be economically justifiable only in large capacities. There is only one producer of aluminum sheets using hot rolling, with a capacity of 380,000 tonnes.

Packaging for chemicals and beverages, false ceilings, dampa ceilings and tiles, as well as composite panels are some of the main applications of aluminum sheets and plates. Thus, construction and packaging are the main consumers of these products in Saudi Arabia. Both industries are expected to grow over the coming years.

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Product Description

With a GDP of over $792 billion in 2019, Saudi Arabia was the largest economy in the region that year. The country’s economy, the second richest country in terms of natural resources, is heavily dependent on oil, its main natural resource. But since the introduction of the 2030 Vision in 2016, the country has determined to minimize oil reliance. In accordance with the goals defined in the vision, state-owned Ma’aden signed a joint venture agreement with Alcoa for aluminum smelting capacity in 2010; the first primary aluminum was produced in 2013 and before long, the operation was ramped up to full capacity. In the early years, Ma’aden had to import alumina due to technical issues in its alumina refinery as well as the tightness in alumina supply. After 2015, when these issues were resolved and the alumina refinery capacity was completed, alumina imports decreased. The country’s alumina demand is currently met almost entirely from domestic mineral reserves. This minimizes the risk of raw materials for aluminum production to very low levels. As a result, the country’s downstream aluminum part has rapidly developed over the recent years.

Market drivers of aluminum sheets and plates

Easy and quick installation, heat insulation (preventing energy loss), and self-cleaning properties are some of the advantages of using composite panels. Given that this type of façade is mainly used in commercial, non-residential buildings such as hotels and shopping malls, demand for composite panels is expected to grow as non-residential construction increases in the country.

Moreover, with the population growth, development of the tourism industry, and the hot climate pushing up demand for beverages for rehydration, beverage production is expected to increase, giving a boost to demand for aluminum sheets used in beverage cans.

Despite the strong drivers for the development of the beverage industry, higher taxes and pressure by the government on food and beverage producers with the intention of cutting sugar consumption for health reasons have put pressure on the market both domestically and exports. This can weigh down on demand for aluminum sheets.

Overview of Saudi Arabia’s aluminum sheet and plate market

The production of aluminum sheets and plates in Saudi Arabia grew significantly in 2017 when Ma’aden’s rolling mill was commissioned. Before that, aluminum sheets were produced in much smaller volumes, mainly in small plants. Ma’aden’s rolling mill uses SMS technology combined with cold and hot rolling; total annual capacity is about 380,000 tonnes, 3.5 times greater than domestic demand. Thus, within a year of the mill’s commission, the country transitioned from a net importer to a net exporter of aluminum sheets and plates. The massive rolling capacity has eclipsed small-scale producers, almost monopolizing the industry. In this regard, Saudi Arabia’s consumption and trade balance are tied to the mill’s performance and marketing.

Breakdown of Saudi Arabia’s aluminum sheet and plate market

Domestic demand for aluminum sheet and plate in the forecast timeframe as well as the previous period has been broken down using three factors. The first factor breaks down the market into three categories based on alloy material: commercially pure aluminum, heat-treatable alloys, and non-heat-treatable alloys. Past and future trends for each type of material have been analyzed. Non-heat-treatable alloys hold the largest share of the market. In the second breakdown, products are divided into two categories based on thickness: sheets (0.2mm to 6.0mm) and plates (more than 6.0mm), with sheets taking a major share of the market. Finally, using the third factor, aluminum sheets and plates are categorized based on their applications in different industries. The packaging industry and the construction sector are the largest consumers of aluminum sheets and plates in Saudi Arabia.

Key players in Saudi Arabia’s aluminum sheet and plate market

  • Ma’aden Rolling Company
  • Saudi Factory for Aluminum Foils and Containers

Additional Information

Industry

Aluminium Flats
Region

Saudi Arabia
Report Type

Industry Report

Specifications

Report Attribute Details
The base year for estimation 2020
Historical data 2010-2019
Forecast period 2020-2025
Quantitative units Value in USD and Volume in Tonne
Report coverage Market Overview, Dynamics, Market Outlook, Risks to Forecast, Consumer Market, Industry Overview, Market Landscape, Competitive Landscape, Market Attractiveness, External Macro Environment Analysis
Segments covered Composition, Type, Application
Pricing and purchase options Please explore our purchase options to meet your exact research needs.

Reasons to Buy

  • Recognize the geographical distribution of import demand
  • Identify the current and future key players of the trading market
  • Achieve a better insight on potential target markets
  • Understand the behavior of major suppliers/customers either globally or regionally
  • Identify competitors as a feed for market analysis

Table of Content

  1. Executive summary
  2. Introduction
    • Objective
    • Market under study
    • Product
      • Product specifications
      • Consumption structure
        • Applications
        • Physical properties
      • Subjects discussed
      • Geographical scope under study
      • Study timeframe
      • Study currency
      • Potential audience
  1. Market dynamics
    • Market drivers
    • Restraints
    • Opportunities
    • Challenges
  2. Market overview
    • Market size
    • Industry capacities
      • Existing capacities
        • Capacity distribution
        • Geographical distribution of capacities
      • Future capacities
    • Output
      • Output trends
      • Operating rates
    • Consumption
      • Consumption trend
      • Consumption Share of domestic product
    • Trade
      • Exports
      • Imports
      • Trade balance
      • Market balance
    • Market breakdown by product type
    • Market breakdown by product type
    • Market breakdown by application
    • Inventory
      • Producers inventory
      • Consumers inventory
      • Traders inventory
  1. Market outlook
    • Market factors
      • Raw materials
      • Costs and prices
      • Competition
      • The government
      • Other factors
    • Future scenarios
    • Risks to forecast
  2. Consumer markets
    • End-user markets
      • Building construction
      • Infrastructure construction
      • Transportation manufacturing
      • Industrial equipment manufacturing
      • Durable goods manufacturing
      • Consumable goods manufacturing
    • Direct consumer markets
      • Major Direct consumers
        • Existing capacities
        • Drivers
  1. Export potentials
    • Destinations
      • Trade and insurance costs
      • Import market suppliers
      • Producers potential share
  1. Industry overview
    • Raw materials
      • The supply volume of raw materials
      • Supply channels of raw materials
      • Raw materials procurement costs
    • Cost structure of producers
    • Production cost curve
    • Industry value added
    • Generated new scrap
    • Technology
  2. Market landscape
    • Domestic sales markets
      • Pricing in the domestic market
      • Potential domestic demand
      • Trade agreements for imports
      • Foreign suppliers
    • Foreign sales market
      • Prices
      • Potential markets overview
      • Trade agreements for exports
      • Foreign customers
  1. Competitive landscape
    • Producers
      • Company profile
      • Revenue structure
      • Gross profit margins
      • Capacity, output and sales
    • Consumers
      • Company profile
      • Revenue structure
      • Gross profit margins
      • Capacity, output and sales
  1. Market attractiveness
    • Industry rivalry
    • Threat of new entrants
    • Threat of substitutes
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Conclusion of Porter analysis
  2. PESTEL analysis
    • Political factors
    • Economic factors
    • Social factors
    • Technology factors
    • Environmental factors
    • Legal factors
  3. SWOT analysis
    • Large-scale companies with favorable conditions
      • Short-term strategies
      • Long-term strategies
    • Large-scale companies with unfavorable conditions
      • Short-term strategies
      • Long-term strategies
    • Small enterprises with favorable conditions
      • Short-term strategies
      • Long-term strategies
    • Small enterprises with unfavorable conditions
      • Short-term strategies
      • Long-term strategies

List of Figures

  1. Output and consumption; 2010-2019
  2. Market share of product applications; 2019
  3. Market surplus; 2019-2025
  4. Production process flowchart
  5. Market size; 2010-2025
  6. Existing capacity; 2010-2019
  7. Capacity distribution; 2019
  8. Geographic distribution of capacities; 2019
  9. Development of future capacity; 2010-2025
  10. Amount of output; 2010-2025
  11. Operating rates of production plants; 2010-2025
  12. Amount of consumption; 2010-2025
  13. Consumption share of domestic product; 2010-2025
  14. Exports of product; 2010-2019
  15. Imports of product; 2010-2019
  16. Historical trade balance; 2010-2019
  17. Future Market balance; 2020-2025
  18. Market output breakdown by alloy type; 2010-2025
  19. Market consumption breakdown by alloy type; 2010-2025
  20. Market balance breakdown by alloy type; 2010-2025
  21. Market output breakdown by product type; 2010-2025
  22. Market consumption breakdown by product type; 2010-2025
  23. Market balance breakdown by product type; 2010-2025
  24. Market consumption breakdown by application; 2010-2025
  25. Inventories of raw materials and products at producers factories; 2010-2019
  26. Consumers’ inventory of product; 2010-2019
  27. Traders’ inventory; 2010-2019
  28. Production forecast, according to raw materials and sales analysis; 2019-2025
  29. Market surplus; 2019-2025
  30. The share of end-user industries in the consumption; 2010 and 2019
  31. Changes in the end-consumption of extrusion products; 2019 vs 2025
  32. Applications in building construction industry; 2019
  33. Applications in infrastructure construction industry; 2019
  34. Applications in transportation manufacturing industry; 2019
  35. Applications in industrial equipment manufacturing industry; 2019
  36. Applications in durable goods manufacturing industry; 2019
  37. Applications in consumable goods manufacturing industry; 2019
  38. Capacity distribution structure of direct consumers; 2019
  39. Existing capacities of direct consumers in each province; 2019
  40. Suppliers of the export potential destination; 2019
  41. Historical exports to the export potential destination and future potential; 2016-2025
  42. Up-stream domestic supply; 2010-2019
  43. Raw materials domestic supply; 2010-2019
  44. Supply channels of producer plants
  45. Spot price of raw material in the market; 2010-2025
  46. Cash cost structure for production the product; 2019
  47. Production cost curve of the plants; 2019
  48. Gross value added of the industry; 2010-2019
  49. Generated new scrap; 2010-2019
  50. Sales channels
  51. Realized price of the product in the market; 2010-2025
  52. Potential demand of each province; 2019
  53. The main foreign suppliers to the market; 2010-2019
  54. FOB price vs domestic market; 2010-2025
  55. Map of global major importers > 20,000t; 2019
  56. Major foreign customers; 2010-2019
  57. Revenue structure of the producers; FY2019
  58. Sales income and gross profit margin of the producers; FY2010-2019
  59. Output and sales of the producers; FY2010-2019
  60. Revenue structure of the consumers; FY2019
  61. Sales income and gross profit margin of the consumers; FY2010-2019
  62. Output and sales of the consumers; FY2010-2019
  63. SWOT matrix for large-scale companies with favorable conditions
  64. Strategies positioning for large-scale companies with favorable conditions
  65. SWOT matrix for large-scale companies with unfavorable conditions
  66. Strategies positioning for large-scale companies with unfavorable conditions
  67. SWOT matrix for small enterprises with favorable conditions
  68. Strategies positioning for small enterprises with favorable conditions
  69. SWOT matrix for small enterprises with unfavorable conditions
  70. Strategies positioning for small enterprises with unfavorable conditions

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