Round stainless ingot imports in Saudi Arabia: data, top suppliers and prices
Saudi Arabia imported $5.0 million of round stainless ingot in 2024 (2.1 thousand tonnes). That is 72% more than in 2023. Over 2017-2024 the trade grew strongly, by about 69% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $5.0M | 2.1K t |
| 2023 | $2.9M | 624 t |
| 2022 | $4.8M | 1.7K t |
| 2021 | $1.2M | 566 t |
| 2020 | $1.5M | 420 t |
| 2019 | $957K | 340 t |
| 2018 | $2.5M | 389 t |
| 2017 | $126K | 28 t |
Where Saudi Arabia imports round stainless ingot from
Most of the value came from China (46%), India (36%), Taiwan (10%). Among the main suppliers, India grew fastest (+258% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $2.3M | 46% |
| India | $1.8M | 36% |
| Taiwan | $491K | 9.8% |
| Spain | $191K | 3.8% |
| United Kingdom | $90K | 1.8% |
| United States | $48K | 1% |
| Egypt | $23K | 0.5% |
| United Arab Emirates | $22K | 0.4% |
| Singapore | $21K | 0.4% |
| Sweden | $10K | 0.2% |
Average import price per kg
The average declared value was about $2.43 per kg, close to the world average of $2.48.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia round stainless ingot imports (HS 7218.99): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7218.99: Steel, stainless: semi-finished products, other than of rectangular cross-section.
Common questions
What is the value of round stainless ingot imported by Saudi Arabia?
Saudi Arabia imported round stainless ingot worth $5.0 million in 2024, the latest year with complete public data, about 2.1 thousand tonnes. That ranks it 25th of 169 countries worldwide, with 0% of world imports. The value was up 72% on 2023.
Which countries supply round stainless ingot to Saudi Arabia?
China was the largest supplier with 46% of the value ($2.3 million), followed by India (36%) and Taiwan (10%). The top three together account for 92%, out of 14 supplier countries in total. Sweden grew fastest among the top ten, up 354% on the year.
What is the average import price of round stainless ingot per kg?
The average declared import value was about $2.43 per kg in 2024, close to the world average of $2.48 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of round stainless ingot to Saudi Arabia changed since 2017?
Imports went from $126 thousand in 2017 to $5.0 million in 2024. 2024 was the highest year in the period. Over 8 years the average was $2.4 million a year.
What is the HS code for round stainless ingot?
The HS code for round stainless ingot is subheading 7218.99. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7218 page.
How can I find the companies behind this trade?
EximDataX rebuilds Saudi Arabia trade from the customs records of its trading partners, so the companies shipping to and from it are visible. Ask for a live look at your product.
Same product, other countries
World round stainless ingot trade: top importers and exporters
More trade data for Saudi Arabia
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