The market is dominated by domestic suppliers, as imports account for 7.1% of total market size in 2022. B2B drives market demand, with B2B spending representing 99.0% of total demand in 2022. Saudi Arabia has the largest market size for spirits regionally, with demand reaching USD1.6 billion in 2022. Middle East And North Africa Beverages Factory is the largest company in Saudi Arabia, generating 1.8% of the industry’s total production value in 2022. The industry is fragmented, with the top two companies generating 2.2% of total production value in 2022. The total number of companies decreases in 2022, to 207 units. The costs of the industry increase by 11.9% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 56.6% of production value in 2022, the highest regionally. With production value of USD973 million, Saudi Arabia accounts for 54.5% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Spirits in Saudi Arabia: ISIC 1551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Spirits in Saudi Arabia: ISIC 1551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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