The market is dominated by domestic suppliers, as imports account for 24.5% of total market size in 2021. B2B drives market demand, with B2B spending representing 84.9% of total demand in 2021. Saudi Arabia has the largest market size for recycling of metal waste regionally, with demand reaching USD366 million in 2021. Al-Qaryan Group is the largest company in Saudi Arabia, generating 18.6% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 34.6% of total production value in 2021. The total number of companies decreases in 2021, to 210 units. The costs of the industry increase by 1.6% in 2021, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 77.2% of production value in 2021. With production value of USD429 million, Saudi Arabia accounts for 9.8% of the Middle East and Africa total in 2021.
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This Euromonitor industrial report provides unique information on Recycling of Metal Waste in Saudi Arabia: ISIC 371. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Recycling of Metal Waste in Saudi Arabia: ISIC 371 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Utilities and Recycling is an aggregation of Recycling; Collection and Distribution of Water; Manufacture and Distribution of Gas; Electricity; Sewage and Sanitation; Steam and Hot Water SupplySee All of Our Definitions
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