The market is dominated by foreign suppliers, as imports account for 79.4% of total market size in 2022. Households drive market demand, with household spending representing 78.8% of total demand in 2022. Saudi Arabia has the fifth largest market size for grain mill products regionally, with demand reaching USD2.5 billion in 2022. Riyadh Food Industries Group is the largest company in Saudi Arabia, generating 9.5% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 16.9% of total production value in 2022. The total number of companies increases in 2022, to 536 units. The costs of the industry increase by 14.7% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 20.5% of production value in 2022, the seventh highest regionally. The industry’s exports share increases in 2022 to 6.6% of total production output. With production value of USD408 million, Saudi Arabia accounts for 1.9% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Grain Mill Products in Saudi Arabia: ISIC 1531. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Grain Mill Products in Saudi Arabia: ISIC 1531 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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