The market is dominated by domestic suppliers, as imports account for 1.3% of total market size in 2022. B2B drives market demand, with B2B spending representing 98.9% of total demand in 2022. Saudi Arabia has the largest market size for mining of metal ores regionally, with demand reaching USD3.4 billion in 2022. Ma’aden, United Arabian Mining Co is the largest company in Saudi Arabia, generating 23.2% of the industry’s total production value in 2022. The industry is fragmented, with the top three companies generating 25.9% of total production value in 2022. The total number of companies increases in 2022, to 66 units. The costs of the industry increase by 23.2% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 60.3% of production value in 2022, the second highest regionally. The industry’s exports share decreases in 2022 to 11.8% of total production output. With production value of USD3.2 billion, Saudi Arabia accounts for 32.0% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Mining of Metal Ores in Saudi Arabia: ISIC 13. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Mining of Metal Ores in Saudi Arabia: ISIC 13 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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