With production value of USD47.8 million, Saudi Arabia accounts for 9.1% of the Middle East and North Africa total in 2023. The industry’s profitability decreases and stands at 28.0% of production value in 2023, the 10th highest regionally. The costs of the industry decrease by 1.3% in 2023, largely driven by declining B2B costs. The total number of companies remains unchanged in 2023. Saudi Arabia has the fourth largest market size for machinery for textile and apparel production regionally, with demand reaching USD262 million in 2023. Investments drive market demand, with investments representing 91.7% of total demand in 2023. The market is dominated by foreign suppliers, as imports account for 80.1% of total market size in 2023.
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This Euromonitor industrial report provides unique information on Machinery for Textile and Apparel Production in Saudi Arabia: ISIC 2926. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Textile and Apparel Production in Saudi Arabia: ISIC 2926 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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