Industries
Manufacturing & Production
With KSA’s potential to double the size of its economy to $1.6 trillion by 2030, benefit from our advisors insights and experience in order to enter and to grow in KSA, the 17th largest economy globally and the largest in the MENA.
SAUDI ARABIA Manufacturing & production
Saudi Arabia is one of the world’s fastest growing countries in the manufacturing sector. The average value added in manufacturing for Saudi Arabia reached a maximum of 162.68 billion U.S. dollars in 2022, a 38.33% increase from 2021 and a compound annual growth rate of 2.78% is expected (CAGR 2023–2028). Saudi Arabia is planning to triple manufacturing GDP by 2030 and increase the total additional investments in the sector to $346 billion.
In 2022, natural gas production in Saudi Arabia amounted to around 120.4 billion cubic meters and its output is expected to rise by as much as 6.6% on average per year in the decade to 2030. The operating income of Saudi Aramco in 2022 was approximately 305 billion U.S. dollars.
The Mining & quarrying industry is the main revenue generator of the Saudi Arabian economy and accounts for the lion’s share of activity by sector (43.7%) while manufacturing has a prominent role as well (14.4% in 2022).
The Saudi Arabian metals & mining industry had total revenues of $15.491 billion in 2022 and the metals and mining industry experienced strong growth of 17.4% in 2022. The demand for metal and mineral products exceeds local supply and the domestic mining operations are expected to skyrocket to reach $75 billion GDP contribution by 2035
Saudi Arabia is home to one of the most advanced chemicals industries globally and is a global leader in the production of chemical products across all segments. Saudi Arabia bulk chemicals market size was estimated at USD 8.535 billion in 2022 and is projected to reach a value of USD 9.478 billion by 2029.
Also, KSA is the GCC’s largest automotive market and accounts for 50-60% of regional automotive sales. The Saudi Arabian automotive manufacturing industry had total revenues of $1.9 billion in 2022, representing a compound annual growth rate (CAGR) of 6.2% over 2017–2022 and has accounted for 0.22% of global truck production in 2022. The Saudi Automotive Industry is set to grow at 12% amidst the VISION 2030 program enabling domestic manufacturing & penetration of technology leading to automation.
SAUDI ARABIA manufacturing and production IN NUMBERS
Value added by Saudi manufacturing 2022
Saudi metals & mining industry 2022
Saudi bulk chemicals market size 2022
Saudi auto manufacturing revenues 2022
france manufacturing & production
In France, manufacturing is the most important sector and accounts for 86 percent of total production. The country’s manufacturing output for 2022 was $259.41B and France is the fourth largest machine manufacturer in the world and is home to two of the largest machine manufacturers in the world Peugeot and Renault. France is also famed for its aerospace sector, which is dominated by Airbus, which is the world’s commanding aircraft manufacturer.
The France Aviation Market size is estimated at USD 16.87 billion in 2023, and is expected to reach USD 19.39 billion by 2028. This market is fairly consolidated, with the top five companies occupying 98.53%. The major players in this market are Airbus SE, Bombardier Inc., Dassault Aviation, Pilatus Aircraft Ltd and The Boeing Company (sorted alphabetically).
The French automotive manufacturing industry had total revenues of $33.4 billion in 2022 but is expected to grow at a CAGR of 6.49% during the forecast period and is expected to reach US$ 50.91 Bn by 2029. The top ten manufacturers, counting the French Renault & PSA groups, accounted for 70 percent of global production.
Finally, by 2026, French Chemicals Manufacturing Production is projected to hit $70.12 billion, growing at a 0.4 percent compound annual growth rate (CAGR) from $67.7 billion in 2021.
FRANCE manufacturing & production IN NUMBERS
