The market is dominated by foreign suppliers, as imports account for 91.5% of total market size in 2023. Households drive market demand, with household spending representing 89.2% of total demand in 2023. Saudi Arabia has the largest market size for publishing of recorded audio media regionally, with demand reaching USD361 million in 2023. The total number of companies remains unchanged in 2023. The costs of the industry decrease by 1.4% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 37.4% of production value in 2023, the second highest regionally. The industry’s exports share decreases in 2023 to 4.0% of total production output. With production value of USD13.4 million, Saudi Arabia accounts for 9.4% of the Middle East and North Africa total in 2023.
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This Euromonitor industrial report provides unique information on Publishing of Recorded Audio Media in Saudi Arabia: ISIC 2213. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Publishing of Recorded Audio Media in Saudi Arabia: ISIC 2213 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Information and Communication is an aggregation of Telecommunications, Computer and Related Services; Filmmaking, Radio and TV, Publishing and Printing.
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