The market is dominated by foreign suppliers, as imports account for 78.5% of total market size in 2021. Investments drive market demand, with investments representing 39.6% of total demand in 2021. Saudi Arabia has the fifth largest market size for metal packaging, wire and other fabricated metal products regionally, with demand reaching USD2.0 billion in 2021. The total number of companies decreases in 2021, to 385 units. The costs of the industry decrease by 1.4% in 2021, largely driven by declining B2B costs. The industry’s profitability increases and stands at 38.7% of production value in 2021, the highest regionally. With production value of USD720 million, Saudi Arabia accounts for 3.3% of the Middle East and Africa total in 2021.
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This Euromonitor industrial report provides unique information on Metal Packaging, Wire and Other Fabricated Metal Products in Saudi Arabia: ISIC 2899. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Metal Packaging, Wire and Other Fabricated Metal Products in Saudi Arabia: ISIC 2899 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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