The market is dominated by domestic suppliers, as imports account for 37.5% of total market size in 2022. Households drive market demand, with household spending representing 92.5% of total demand in 2022. Saudi Arabia has the largest market size for publishing of recorded audio media regionally, with demand reaching USD420 million in 2022. The total number of companies remains unchanged in 2022. The costs of the industry increase by 12.7% in 2022, largely driven by rising labour costs. The industry’s profitability increases and stands at 33.3% of production value in 2022, the second highest regionally. The industry’s exports share decreases in 2022 to 1.0% of total production output. With production value of USD9.7 million, Saudi Arabia accounts for 7.1% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Publishing of Recorded Audio Media in Saudi Arabia: ISIC 2213. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Publishing of Recorded Audio Media in Saudi Arabia: ISIC 2213 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Information and Communication is an aggregation of Telecommunications, Computer and Related Services; Filmmaking, Radio and TV, Publishing and Printing.
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