With turnover of USD17.5 billion, Saudi Arabia accounts for 17.7% of the Middle East and North Africa total in 2023. The industry’s profitability increases and stands at 57.6% of turnover in 2023, the sixth highest regionally. The costs of the industry decrease by 4.9% in 2023, largely driven by declining B2B costs. The total number of companies decreases in 2023, to 7,676 units. The industry is fragmented, with the top five companies generating 11.7% of total production value in 2023. Saudia Corp is the largest company in Saudi Arabia, generating 6.4% of the industry’s total turnover value in 2023. B2B drives market demand, with B2B spending representing 65.6% of total demand in 2023.
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This Euromonitor industrial report provides unique information on Cargo Handling, Warehousing and Travel Agencies in Saudi Arabia: ISIC 63. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Cargo Handling, Warehousing and Travel Agencies in Saudi Arabia: ISIC 63 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cargo handling, warehousing and travel agencies, communications, and transport.
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