New Market Study Published: Advertising in Saudi Arabia: Industrial Report
Agricultural and forestry machinery market sees 13% CAGR over 2007-2012 to reach SR994 million in latter year. Market dominated by foreign producers as imports represent 73% of total value in 2012. Other agricultural and forestry machinery accounts for half of market value in 2012. Agricultural and forestry machinery industry is highly fragmented with micro-sized and small companies dominating. Industry predicted to see 10% CAGR over forecast period.
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