The market is dominated by foreign suppliers, as imports account for 78.0% of total market size in 2022. B2B drives market demand, with B2B spending representing 60.5% of total demand in 2022. Saudi Arabia has the third largest market size for forestry regionally, with demand reaching USD164 million in 2022. The total number of companies decreases in 2022, to 663 units. The costs of the industry increase by 11.8% in 2022, largely driven by rising labour costs. The industry’s profitability decreases and stands at 57.0% of production value in 2022, the ninth highest regionally. The industry’s exports share increases in 2022 to 25.8% of total production output. With production value of USD48.2 million, Saudi Arabia accounts for 3.8% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Forestry in Saudi Arabia: ISIC 2. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Forestry in Saudi Arabia: ISIC 2 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Forestry, Wood and Paper is an aggregation of Forestry, Wood and Wood Products; Corrugated Paper, Paperboard and Containers; Disposable Paper Products; Pulp, Paper and Paperboard.
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