With turnover of USD43.4 billion, Saudi Arabia accounts for 22.8% of the Middle East and North Africa total in 2023. The industry’s profitability increases and stands at 39.2% of turnover in 2023, the 13th highest regionally. The costs of the industry decrease by 12.3% in 2023, largely driven by declining B2B costs. The total number of companies decreases in 2023, to 45,016 units. The industry is fragmented, with the top five companies generating 3.7% of total production value in 2023. Savola Group Co is the largest company in Saudi Arabia, generating 1.7% of the industry’s total turnover value in 2023. B2B drives market demand, with B2B spending representing 100% of total demand in 2023.
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This Euromonitor industrial report provides unique information on Wholesale in Saudi Arabia: ISIC 51. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Wholesale in Saudi Arabia: ISIC 51 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of retail, sale, maintenance and repair of motor vehicles, retail sale of automotive fuel, and wholesale trade.
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