MENA: The strategic
supply chain location
MENA has been quietly climbing the ranks and making its name
in the procurement world.
Glovendor's journey so far
Glovendor’s MENA Procurement Network
Product & Shipping Vendors across 6 Verticals
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Sourcing Agents across 4 Countries
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Project Success Rate
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Top Destinations
Tunisia
UAE
Azerbaijan
Turkey
Saudi Arabia
Turkey
Morocco
Overview
The Middle East and Africa Factory Automation and Industrial Controls Market is expected to register a CAGR of approximately 6.8% during the forecast period (2021 – 2026). North Africa has been steadily growing as a manufacturing region and offers great opportunities.
Trends
- Gulf countries particularly the UAE and Saudi Arabia are seeing a construction boom and are investing in technology.
- Political stability in North Africa continues to improve.
- MENA continues to diversify production to other sectors outside of oil and gas.
- Several large businesses in the automotive, aerospace, electronics, and textile sectors have opened factories, or are seeking new suppliers, in North Africa.
Top Products
Textiles
Oil & Gas
Fruits & Dry Fruits
Gems & Precious Stones
Gems & Precious Stones
Verdict
MENA is a great manufacturing choice with its close proximity to Europe, low labor costs, improving infrastructure, and access to raw materials. It is the right choice for you if you work with products that MENA specializes in. Although there are some risks associated with the region, with the right partner those can be mitigated.
Blogs
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