The market is dominated by foreign suppliers, as imports account for 86.5% of total market size in 2022. Investments drive market demand, with investments representing 57.2% of total demand in 2022. Saudi Arabia has the fourth largest market size for motorcycles, bicycles and other transport equipment regionally, with demand reaching USD260 million in 2022. The total number of companies remains unchanged in 2022. The costs of the industry increase by 12.6% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 22.4% of production value in 2022, the highest regionally. The industry’s exports share decreases in 2022 to 23.4% of total production output. With production value of USD36.1 million, Saudi Arabia accounts for 6.2% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Motorcycles, Bicycles and Other Transport Equipment in Saudi Arabia: ISIC 359. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Motorcycles, Bicycles and Other Transport Equipment in Saudi Arabia: ISIC 359 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of aircraft and spacecraft, motors vehicles, trailers and semi-trailers, motocycles, bicycles and other transport equipment, railway and tramway locomotives and rolling stock, and ships and boats.
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