Market Analysis of the Dry Bulk Market in Saudi Arabia
In collaboration with a prominent global linear shipping company operating within the shipping and container transportation industry, our objective was to conduct thorough analysis and research to gain insights into the dry bulk market in KSA.
To address this challenge, our solution was multifaceted. Firstly, we utilized official government publications and statistics complemented by relevant consultancy and industry reports for data collection. Additionally, we leveraged trade databases, supported by extensive web searches in both Arabic and English to ensure accuracy. Furthermore, to enrich our analysis, we accessed additional databases, these resources provided enhanced insights into the market landscape. Finally, we illustrated our findings through graphs to facilitate concise and effective communication.
The outcome of our efforts was comprehensive. We provided a detailed analysis of key economic indicators for KSA and the GCC, offering insights into national accounts, demographics, trade balance, crude oil prices, and labor market dynamics. Additionally, our analysis delved into trade flows within KSA and the GCC, aligning with KSA’s economic development strategy, including Vision 2030 and the National Industrial Development and Logistics Program.
Moreover, we explored KSA’s maritime profile, emphasizing port-specific attributes for handling bulk materials, including capacity, infrastructure, and efficiency. This analysis provided valuable insights into the strengths and challenges of KSA’s ports in facilitating bulk trade.