New Report Available: Pesticides and Other Agro-Chemical Products in Saudi Arabia: Industrial Report
Domestic demand grows 63% over review period to reach SR2.1 billion in 2012. Despite strong consumption growth in recent times, Saudi Arabian farmers are characterised by relatively low spending on pesticides per hectare of arable land. Growth of imports stagnates, penetration decreases to 19% in 2012. Strengthening of positions in domestic market helps local manufacturers increase revenue at 15% CAGR over review period. Bulk of industry output directed towards local market. Industry highly concentrated. Production revenue expected to see 10%...
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