The market is dominated by foreign suppliers, as imports account for 80.6% of total market size in 2022. Investments drive market demand, with investments representing 42.9% of total demand in 2022. Saudi Arabia has the fourth largest market size for metal packaging, wire and other fabricated metal products regionally, with demand reaching USD2.3 billion in 2022. The total number of companies remains unchanged in 2022. The costs of the industry increase by 13.6% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 37.9% of production value in 2022, the highest regionally. The industry’s exports share increases in 2022 to 50.5% of total production output. With production value of USD808 million, Saudi Arabia accounts for 6.2% of the Middle East and North Africa total in 2022.
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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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