With production value of USD412 million, Saudi Arabia accounts for 18.8% of the Middle East and North Africa total in 2023. The industry’s exports share decreases in 2023 to 3.3% of total production output. The industry’s profitability decreases and stands at 32.5% of production value in 2023, the highest regionally. The costs of the industry decrease by 2.9% in 2023, largely driven by declining B2B costs. The total number of companies increases in 2023, to 137 units. Saudi Arabia has the second largest market size for sports goods regionally, with demand reaching USD1.2 billion in 2023. Investments drive market demand, with investments representing 55.8% of total demand in 2023. The market is dominated by domestic suppliers, as imports account for 23.3% of total market size in 2023.
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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.
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