This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from HIBAPRESS, the Arabic version:
Heba Press
The High Commission for Planning reported that 69 percent of wholesalers expect total sales volume to remain stable during the fourth quarter of 2024, while 25 percent of them expect to record an increase in sales. .
The delegation explained, in its latest quarterly research note on the economic situation, the non-financial commercial services sector and the wholesale trade sector, that this development is mainly due, on the one hand, to the expected increase in volume of sales of “wholesale of other industrial equipment” and sales of “wholesale of household goods” and sales of “wholesale of media and communication equipment” and, other share, to the expected stability of sales of “other types” of commerce specialized wholesale.
The same source adds, regarding the level of order books during the fourth quarter of 2024, that it should be normal according to 79 percent of wholesalers.
Additionally, 84 percent of business owners expect the number of workers to remain stable.
Regarding sales of the wholesale trade sector in the domestic market during the third quarter of 2024, they could have been stable according to 70 percent of entrepreneurs and increasing according to 21 percent of them.
This development is mainly explained, on the one hand, by the increase recorded in sales of “wholesale of other industrial supplies” and “wholesale of household goods” and, on the other hand, by the recorded decline in sales of “wholesale of agricultural raw materials and live animals”.
Regarding the number of workers, it could be stable, according to 75 percent of business owners.
The level of merchandise inventories was considered normal by 88 percent of wholesalers. As for sales prices, they could be stable, according to 87 percent of business leaders.
