Page 44 - ITAtube Journal 2 2025

Review
Metalfl ow Alliance Saudi Arabia 2025
Riyadh
5 - 6 May 2025
Huge demand for wire, cables,
tubes and pipes
Saudi Arabia is a country with about 34.4
million inhabitants whose economy,
according the OECD, is poised for sub-
stantial growth with a GDP projected to
increase from 1.2% in 2024 to 3.8% in 2025.
In this context, the country’s transforma-
tion program Vision 2030 plays an impor-
tant role aiming to diversify its economy
and to reduce its dependence on oil.
Since wires, cables, tubes, pipes and the
products made from them are needed
everywhere, Saudi Arabia is a large market
for these industrial sectors and their sup-
pliers. That is why the market is looking
forward to the Metalfl ow Alliance Saudi
Arabia, which will take place in Riyadh from
5 to 7 May 2025 and, as a global umbrella
brand, combines the seven Düsseldorf
trade fairs wire, Tube, VALVE WORLD EXPO
and GMTN with the two major Saudi trade
fairs Metal & Steel Saudi Arabia and Saudi
Projects. The focus here is on the news
and trends of the economically booming
Kingdom of Saudi Arabia.
Wires, cables and wire products
Wires and cables are crucial for power and
data transmission. Grand View Research
valued Saudi Arabia’s market at US$9.4 bn
in 2023 and expects it to reach US$13 bn by
2030 (CAGR 4.7%) (Fig. 1).. Growth is driven
by Vision 2030 infrastructure and digital
projects, such as ports, railways, airports,
IT and data centers. Expansion of electric-
ity transmission, smart grids, renewable
energy, e-commerce and electromobility
further boost demand. Construction also
requires carbon steel wire rods for rein-
forcements, ropes and springs. BlueWeave
Consulting estimates this market at US$0.6
bn in 2024, growing to US$0.9 bn by 2031
(CAGR 6.8%).
Tubular goods
Pipes, tubes and hollow profi les are needed
for the transmission of liquids, gases,
free-fl owing substances or as mechani-
cal structures. Saudi Arabia has a huge
demand for seamless steel pipes and tubes
used by its oil and gas industry to transport
crude oil, natural gas, petroleum products
and other fl uids from sources to refi neries
or end-users. Infrastructure projects includ-
ing the desalination of seawater, water
distribution, construction activities, the
energy sector, chemical processing plants
and other industries also drive the market.
Fig. 2. Electricity generation in Saudi Arabia, 2014-2023.
x-axis: Generation (in TWh) , y-axis: Period of time
BlueWeave Consulting estimates the size of
Source:https://www.eia.gov/international/content/analysis/coun-
Saudi Arabia’s steel pipes and steel tubes
tries_long/Saudi_Arabia/pdf/Saudi-Arabia.pdf
market at US$0.4 bn in 2023 and expects
it to expand between 2024 and 2030 at a
44 ITAtube Journal August 2025
Fig. 1. Development of the wires and cables market size in Saudi
Arabia. (The fi gures for 2024 to 2030 are estimated values).
x-axis-revenue (in US$ million); y-axis: Period of time
Source: https://www.grandviewresearch.com/horizon/outlook/
wires-and-cables-market/saudi-arabia