The market is dominated by foreign suppliers, as imports account for 95.5% of total market size in 2024. Investments drive market demand, with investments representing 89.1% of total demand in 2024. Saudi Arabia has the largest market size for machinery for construction, mining and quarrying regionally, with demand reaching USD4.9 billion in 2024. Saad Ali Al Essa Group for Contracting is the largest company in Saudi Arabia, generating 10.2% of the industry’s total production value in 2024. The industry is fragmented, with the top three companies generating 15.6% of total production value in 2024. The total number of companies decreases in 2024, to 39 units. The costs of the industry decrease by 0.8% in 2024, largely driven by declining B2B costs. The industry’s profitability increases and stands at 26.9% of production value in 2024, the 10th highest regionally. The industry’s exports share increases in 2024 to 39.4% of total production output. With production value of USD234 million, Saudi Arabia accounts for 15.4% of the Middle East and North Africa total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Machinery for Construction, Mining and Quarrying in Saudi Arabia: ISIC 2924. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Construction, Mining and Quarrying in Saudi Arabia: ISIC 2924 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Machinery 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
This report answers:
- What is the turnover of the Machinery?
- How the Machinery will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Machinery for Construction, Mining and Quarrying in Saudi Arabia: ISIC 2924
HEADLINES
MARKET OVERVIEW
Machinery
This is the aggregation of general purpose machinery and special purpose machinery.
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