403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Saudi incense, oud sector hits USD4b
(MENAFN) Investments in the incense and oud sector in Saudi Arabia reached USD4 billion in volume annually, according to Arab News.
Demand on the incense and oud sector in the holy month of Ramadan boosted to nearly 80 percent.
The volume of trade in the Saudi market has boosted eight folds since 2010 where the figure was less than USD500 million.
Accordingly, the market has expanded by more than double with the entry of foreign companies, notably Asian, due to growing trends to purchase incense and oud products.
Demand on the incense and oud sector in the holy month of Ramadan boosted to nearly 80 percent.
The volume of trade in the Saudi market has boosted eight folds since 2010 where the figure was less than USD500 million.
Accordingly, the market has expanded by more than double with the entry of foreign companies, notably Asian, due to growing trends to purchase incense and oud products.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment