Market insight
Manufacturing Value Added 2024
Localisation and industrial cities support manufacturing growth beyond hydrocarbon refining.
Manufacturing gross value added benefits from localisation programs (IKTVA, automotive supply chains, food processing) and industrial cities managed by MODON and RCJY. Official statistics highlight chemicals, refining downstream, and metals processing alongside newer EV and battery supply-chain investments.
Industrial investors should map MISA activity codes, SASO product conformity, and customs duty rules for plant imports. Start with Manufacturing and cross-read Insights directory for energy and logistics cost assumptions.
Local content
Government procurement increasingly scores local value-add — document Saudi payroll and in-Kingdom capex early in bid responses.
Data source
GASTAT / MODON
Official indicators and publications
