B2B drives market demand, with B2B spending representing 88.4% of total demand in 2022. The total number of companies increases in 2022, to 785 units. The costs of the industry increase by 18.6% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 71.0% of turnover in 2022, the highest regionally. With turnover of USD370 million, Saudi Arabia accounts for 9.7% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Renting of Agricultural, Construction and Other Machinery in Saudi Arabia: ISIC 712. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Renting of Agricultural, Construction and Other Machinery in Saudi Arabia: ISIC 712 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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