The market is dominated by foreign suppliers, as imports account for 80.5% of total market size in 2023. Investments drive market demand, with investments representing 88.4% of total demand in 2023. Saudi Arabia has the fifth largest market size for railway and tramway locomotives and rolling stock regionally, with demand reaching USD216 million in 2023. The total number of companies remains unchanged in 2023. The costs of the industry decrease by 1.9% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 14.2% of production value in 2023, the 13th highest regionally. The industry’s exports share increases in 2023 to 10.6% of total production output. With production value of USD36.9 million, Saudi Arabia accounts for 2.9% of the Middle East and North Africa total in 2023.
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This Euromonitor industrial report provides unique information on Railway and Tramway Locomotives and Rolling Stock in Saudi Arabia: ISIC 352. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Railway and Tramway Locomotives and Rolling Stock in Saudi Arabia: ISIC 352 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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