Opinion on the impact of COVID-19 on business revenue Saudi Arabia Q1 2020
According to a survey on the evolution of warehousing sector in Saudi Arabia in 2020 during the COVID-19 pandemic, 29 percent of respondents reported a decrease in business revenues between 21 percent to 40 percent in the first quarter of 2020 due to the COVID-19 outbreak. In comparison, 14 percent of respondents reported an increase in business revenues in the first quarter of 2020. The COVID-19 outbreak caused disparities in the supply and demand, and interferences in the supply chain.