With production value of USD38.4 million, Saudi Arabia accounts for 1.1% of the Middle East and North Africa total in 2023. The industry’s exports share increases in 2023 to 1.5% of total production output. The industry’s profitability decreases and stands at 30.2% of production value in 2023, the second highest regionally. The costs of the industry decrease by 2% in 2023, largely driven by declining B2B costs. The total number of companies remains unchanged in 2023. Saudi Arabia has the second largest market size for industrial process control equipment regionally, with demand reaching USD98.1 million in 2023. Investments drive market demand, with investments representing 70.9% of total demand in 2023. The market is dominated by foreign suppliers, as imports account for 58.6% of total market size in 2023.
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This Euromonitor industrial report provides unique information on Industrial Process Control Equipment in Saudi Arabia: ISIC 3313. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Industrial Process Control Equipment in Saudi Arabia: ISIC 3313 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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