The market is dominated by foreign suppliers, as imports account for 91.6% of total market size in 2022. Investments drive market demand, with investments representing 86.7% of total demand in 2022. Saudi Arabia has the largest market size for weapons and ammunition regionally, with demand reaching USD3.0 billion in 2022. BAE Systems Saudi Arabia Ltd is the largest company in Saudi Arabia, generating 20.5% of the industry’s total production value in 2022. The industry is fragmented, with the top one company generating 20.5% of total production value in 2022. The total number of companies increases in 2022, to 29 units. The costs of the industry increase by 17.5% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 31.9% of production value in 2022, the eighth highest regionally. The industry’s exports share decreases in 2022 to 1.6% of total production output. With production value of USD188 million, Saudi Arabia accounts for 23.5% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Weapons and Ammunition in Saudi Arabia: ISIC 2927. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Weapons and Ammunition in Saudi Arabia: ISIC 2927 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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