The market is dominated by domestic suppliers, as imports account for 18.8% of total market size in 2021. Households drive market demand, with household spending representing 49.6% of total demand in 2021. Saudi Arabia has the second largest market size for sports goods regionally, with demand reaching USD773 million in 2021. The total number of companies decreases in 2021, to 119 units. The costs of the industry decrease by 4.7% in 2021, largely driven by declining B2B costs. The industry’s profitability increases and stands at 33.9% of production value in 2021, the highest regionally. With production value of USD242 million, Saudi Arabia accounts for 9.6% of the Middle East and Africa total in 2021.
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This Euromonitor industrial report provides unique information on Sports Goods in Saudi Arabia: ISIC 3693. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sports Goods in Saudi Arabia: ISIC 3693 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.See All of Our Definitions
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