The market is dominated by domestic suppliers, as imports account for 18.9% of total market size in 2024. Investments drive market demand, with investments representing 49.0% of total demand in 2024. Saudi Arabia has the largest market size for insulated wire and cable regionally, with demand reaching USD3.6 billion in 2024. Riyadh Cables Group of Cos is the largest company in Saudi Arabia, generating 16.4% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 49.1% of total production value in 2024. The total number of companies remains unchanged in 2024. The costs of the industry increase by 1.6% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 30.2% of production value in 2024, the highest regionally. The industry’s exports share decreases in 2024 to 14.8% of total production output. With production value of USD3.3 billion, Saudi Arabia accounts for 24.7% of the Middle East and North Africa total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Insulated Wire and Cable in Saudi Arabia: ISIC 313. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Insulated Wire and Cable in Saudi Arabia: ISIC 313 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Hi-tech Goods in Saudi Arabia report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
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Insulated Wire and Cable in Saudi Arabia: ISIC 313
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MARKET OVERVIEW
Hi-tech Goods
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