Outlook of Basic Precious and Non-ferrous Metals in Saudi Arabia
Posted by Masud Khan on December 12th, 2019
Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Basic Precious and Non-ferrous Metals in Saudi Arabia” under Metal & Mineral category. The Basic Precious and Non-ferrous Metals Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.
The Industrial market report offers a comprehensive guide to the size and shape of the Basic Precious and Non-ferrous Metals Market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change.
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Saudi Arabia’s construction and infrastructure recorded negative growth over 2018 as the government cut back on infrastructure spending. Notable decline in infrastructure developments was partially offset by accelerating investments in energy and downstream projects, stimulating demand for metal products over the year.
The analyse industry showed accelerated growth in 2018, thanks to positive economic and policy developments. First of all, the oil-dependent Saudi Arabian economy received a boost from hiking international oil prices, which helped the country to emerge from several years of slowdown. Additionally, the rise in oil prices created upwards pressure on basic precious and non-ferrous metals market prices, adding to the industry’s revenue growth. Moreover, the country’s government continued major economic diversification effor…
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About the AuthorMasud Khan
Joined: October 15th, 2019
Articles Posted: 190
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