"Fishing in Saudi Arabia: Industrial Report" Now Available at Fast Market Research
Saudi Arabian fishing market grows at CAGR of 3% over 2007-2012 to reach SR5.2 billion in latter year. Household purchases dominate market value with 91%share in 2012. Industry fairly reliant on subsidies, which compensate for a quarter of total costs in 2012. Industry fragmented, being comprised mostly of traditional fishermen. Fishing industry forecast to grow at CAGR of 4% over forecast period, with fish farming being fastest growing category due to declining natural fish resources.
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