Spinning of Textile Fibres; Weaving of Textiles in Saudi Arabia: Industrial Report - New Market Study Published
Saudi Arabian market for spinning of textile fibres and weaving of textiles increases 31% in value terms over review period to reach SR4.7 billion in 2012. Value of imports sees 3% CAGR over review period to reach SR2.7 billion. Local manufacturers see turnover increase from SR859 million in 2007 to SR1.6 billion in 2012, equivalent to net 93% growth over review period. Despite increasing cost of capital and labour, manufacturers' profitability expands four percentage points over review period to stand...
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