The market is dominated by foreign suppliers, as imports account for 59.2% of total market size in 2022. Investments drive market demand, with investments representing 72.8% of total demand in 2022. Saudi Arabia has the largest market size for motor vehicles and parts regionally, with demand reaching USD60.4 billion in 2022. Haji Husein Alireza & Co Ltd is the largest company in Saudi Arabia, generating 2.9% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 5.1% of total production value in 2022. The total number of companies decreases in 2022, to 401 units. The costs of the industry increase by 12.9% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 41.2% of production value in 2022, the highest regionally. The industry’s exports share decreases in 2022 to 13.9% of total production output. With production value of USD3.0 billion, Saudi Arabia accounts for 10.6% of the Middle East and North Africa total in 2022.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Motor Vehicles and Parts in Saudi Arabia: ISIC 34. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Motor Vehicles and Parts in Saudi Arabia: ISIC 34 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of aircraft and spacecraft, motors vehicles, trailers and semi-trailers, motocycles, bicycles and other transport equipment, railway and tramway locomotives and rolling stock, and ships and boats.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!