The market is dominated by domestic suppliers, as imports account for 5.7% of total market size in 2022. B2B drives market demand, with B2B spending representing 100% of total demand in 2022. Saudi Arabia has the third largest market size for quarrying of stone, sand and clay regionally, with demand reaching USD5.0 billion in 2022. Saudi Marble & Granite Fty Co Ltd is the largest company in Saudi Arabia, generating 20.4% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 25.8% of total production value in 2022. The total number of companies increases in 2022, to 291 units. The costs of the industry increase by 20.3% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 49.0% of production value in 2022, the ninth highest regionally. The industry’s exports share decreases in 2022 to 2.0% of total production output. With production value of USD3.4 billion, Saudi Arabia accounts for 15.9% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Quarrying of Stone, Sand and Clay in Saudi Arabia: ISIC 14. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Quarrying of Stone, Sand and Clay in Saudi Arabia: ISIC 14 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Non-metalic Mineral Products is an aggregation of Quarrying of Stone, Sand and Clay; Cement, Stone and Ceramic Products; Glass and Glass Prodcuts.
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