The market is dominated by foreign suppliers, as imports account for 76.0% of total market size in 2024. Investments drive market demand, with investments representing 88.3% of total demand in 2024. Saudi Arabia has the fourth largest market size for machinery for metallurgy regionally, with demand reaching USD115 million in 2024. The total number of companies remains unchanged in 2024. The costs of the industry decrease by 1.1% in 2024, largely driven by declining B2B costs. The industry’s profitability increases and stands at 22.3% of production value in 2024, the sixth highest regionally. The industry’s exports share increases in 2024 to 1.3% of total production output. With production value of USD25.4 million, Saudi Arabia accounts for 11.2% 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 Metallurgy in Saudi Arabia: ISIC 2923. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Metallurgy in Saudi Arabia: ISIC 2923 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 Metallurgy in Saudi Arabia: ISIC 2923
HEADLINES
MARKET OVERVIEW
Machinery
This is the aggregation of general purpose machinery and special purpose machinery.
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