The market is dominated by domestic suppliers, as imports account for 19.4% of total market size in 2023. Households drive market demand, with household spending representing 48.6% of total demand in 2023. Saudi Arabia has the largest market size for cordage, rope, twine and netting regionally, with demand reaching USD170 million in 2023. The total number of companies decreases in 2023, to 129 units. The costs of the industry decrease by 5.2% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 36.1% of production value in 2023, the second highest regionally. The industry’s exports share increases in 2023 to 5.5% of total production output. With production value of USD120 million, Saudi Arabia accounts for 30.4% of the Middle East and North Africa total in 2023.
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This Euromonitor industrial report provides unique information on Cordage, Rope, Twine and Netting in Saudi Arabia: ISIC 1723. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Cordage, Rope, Twine and Netting in Saudi Arabia: ISIC 1723 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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