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News Saudi cement sales rise 12% in fourth quarter of 2024

Saudi cement sales rise 12% in fourth quarter of 2024

Written by Global Cement staff 21 January 2025
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Saudi Arabia: Cement sales increased by 12% year-on-year in the fourth quarter of 2024, reaching 14.87Mt, Arab News reports. Sales were primarily driven by domestic demand, which accounted for 96% of total sales. Exports contributed the remaining 4%, according to data from Al-Yamama Cement. For the full year, cement sales grew by 3.7% to 51.2Mt.

Al-Yamama Cement led the domestic market in the fourth quarter of 2024, with a 13% share and sales of 1.83Mt, up by 22% year-on-year. Qassim Cement, after acquiring Hail Cement, held an 11% share with 1.63Mt of sales. Yanbu Cement, Southern Cement, and Al Jouf Cement followed.

During the same period, Saudi Cement dominated in exports with 0.49Mt, representing 80% of total shipments and a 71% year-on-year increase. Clinker production grew by 7% year-on-year in the fourth quarter of 2024 to 14.9Mt, while clinker exports fell by 28% to 1.15Mt.

Amr Nader, CEO of cement consultancy A3&Co, said “These figures may not fully align with the anticipated surge in demand from ambitious infrastructure projects. Megaprojects such as NEOM, the Red Sea project, and FIFA World Cup-related developments require vast quantities of construction materials. The maximum anticipated demand in the next five years is 78Mt/yr.”

Last modified on 22 January 2025
Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Yamama Cement
  • Qassim
  • Hail Cement
  • Yanbu Cement
  • Southern Cement
  • Al Jouf
  • Saudi Cement Co
  • Sales
  • statistics
  • data
  • Production
  • Export
  • Clinker
  • demand
  • Middle East and Africa
  • GCW693

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