The market is dominated by domestic suppliers, as imports account for 26.8% of total market size in 2023. Households drive market demand, with household spending representing 100% of total demand in 2023. Saudi Arabia has the largest market size for tobacco products regionally, with demand reaching USD2.8 billion in 2023. The total number of companies decreases in 2023, to 73 units. The costs of the industry decrease by 2.9% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 61.1% of production value in 2023, the highest regionally. With production value of USD70.0 million, Saudi Arabia accounts for 1.6% of the Middle East and North Africa total in 2023.
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This Euromonitor industrial report provides unique information on Tobacco Products in Saudi Arabia: ISIC 16. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Tobacco Products in Saudi Arabia: ISIC 16 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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