The market is dominated by foreign suppliers, as imports account for 91.9% of total market size in 2023. B2B drives market demand, with B2B spending representing 87.8% of total demand in 2023. Saudi Arabia has the second largest market size for basic precious and non-ferrous metals regionally, with demand reaching USD14.5 billion in 2023. Ma’aden, United Arabian Mining Co is the largest company in Saudi Arabia, generating 19.2% of the industry’s total production value in 2023. The industry is fragmented, with the top three companies generating 21.8% of total production value in 2023. The total number of companies increases in 2023, to 62 units. The costs of the industry decrease by 6.2% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 30.3% of production value in 2023, the eighth highest regionally. The industry’s exports share increases in 2023 to 86.4% of total production output. With production value of USD8.3 billion, Saudi Arabia accounts for 31.5% of the Middle East and North Africa total in 2023.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Basic Precious and Non-ferrous Metals in Saudi Arabia: ISIC 272. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Basic Precious and Non-ferrous Metals in Saudi Arabia: ISIC 272 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.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!