The market is dominated by domestic suppliers, as imports account for 46.9% of total market size in 2021. B2B drives market demand, with B2B spending representing 78.4% of total demand in 2021. Saudi Arabia has the fifth largest market size for wood and wood products regionally, with demand reaching USD3.6 billion in 2021. Inma Wooden Pallets Factory Co Ltd is the largest company in Saudi Arabia, generating 1.5% of the industry’s total production value in 2021. The industry is fragmented, with the top two companies generating 2.3% of total production value in 2021. The total number of companies decreases in 2021, to 3,741 units. The costs of the industry increase by 0.7% in 2021, largely driven by rising labour costs. The industry’s profitability increases and stands at 33.3% of production value in 2021, the highest regionally. With production value of USD2.2 billion, Saudi Arabia accounts for 7.0% of the Middle East and Africa total in 2021.
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This Euromonitor industrial report provides unique information on Wood and Wood products in Saudi Arabia: ISIC 20. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Wood and Wood products in Saudi Arabia: ISIC 20 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Forestry, Wood and Paper is an aggregation of Forestry, Wood and Wood Products; Corrugated Paper, Paperboard and Containers; Disposable Paper Products; Pulp, Paper and Paperboard.
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