Boston, MA -- (SBWIRE) -- 05/29/2014 -- Although the country lives on massive reserves of oil, Saudi Arabian demand for spirits rises by average annual rate of 13% over review period to reach SR2.0 billion in 2012. Ethyl alcohol from fermented materials represents most lucrative category in 2012, comprising virtually all of domestic demand. Imports reach value of R$52 million in 2012, following expansion of 559% over review period; South Africa and the UK are the main foreign partners. Turnover of local producers increases 90% over review period to reach SR1.5 billion in 2012. Nominal profits soar 134% over 2007-2012 to reach SR758 million in the latter year, with profitability rising 10 percentage points to 52%. Industry characterised by rather high degree of concentration, as seven largest firms account for 30% of revenue in 2012. Production turnover projected to see 10% CAGR over forecast period to reach RS2.6 billion in 2018.
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This Euromonitor industrial report provides unique data and analysis of Spirits in Saudi Arabia: ISIC 1551. With this industrial report, you'll be able to explore in detail the entire industry from its sources of supply to its buyers.
The Spirits in Saudi Arabia: ISIC 1551 report includes:
- Qualitative analysis of key industry trends and future developments in Saudi Arabia
- Analysis of market growth and industry performance
- Industry data including production data, imports, exports, industry buyers, suppliers, cost structure, bargaining power and profitability
- Attractiveness index that measures industry performance in both stable and challenging economic conditions
- Analysis of suppliers to the industry
- Analysis of buyers from the industry
The report will answer questions such as:
- What is the turnover of the industry?
- How much have salary levels changed over the last decade?
- What is the industry costs structure?
- How profitable is this industry?
- Who are the key customers of this industry?
- How many people are employed in the industry?
- What is the bargaining power of the industry with its suppliers and customers?
- How important are large enterprises in the industry?
Reasons to Get This Report
- Understand the structure of the industry from suppliers to buyers
- Track key industry trends, opportunities and threats
- Benchmark performance against industry averages
- Identify growth opportunities
Product coverage: Distilled Spirits and Liqueurs, Ethyl Alcohol From Fermented Materials.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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