Saudi cement sales rise 4% to 4.3M tons in September
The aggregate sales volumes of 17 Saudi cement producers increased 4% to 4.3 million tons in September, from 4.1 million tons a year earlier, according to recent data issued by Yamama Cement Co.
Total Cement Sales in KSA (K tons)
Item | 2023 (September) | 2024 (September) | Change |
---|---|---|---|
Local Sales | 3,909.00 | 4,173.00 | % 6.75 |
Export Sales | 183.00 | 93.00 | (% 49.18 ) |
Total | 4,092.00 | 4,266.00 | % 4.25 |
As many as 13 companies reported higher domestic sales volumes for the month, led by City Cement Co. with a 54% year-on-year (YoY) rise. Umm Al-Qura Cement Co. came in second with a 49% YoY leap.
On the other hand, four cement producers recorded lower sales volumes locally, topped by Yamama Cement Co. with a 31% YoY drop. Northern Region Cement Co. took second place with a decline of 26% YoY.
Local Sales (Thousand Tons)
Company | 2023 (September) | 2024 (September) | Change |
---|---|---|---|
YSCC | 710.00 | 492.00 | (% 30.70 ) |
SAUDI CEMENT | 272.00 | 393.00 | % 44.49 |
QACCO | 377.00 | 388.00 | % 2.92 |
YCC | 271.00 | 354.00 | % 30.63 |
SPCC | 388.00 | 350.00 | (% 9.79 ) |
ACC | 303.00 | 311.00 | % 2.64 |
RIYADH CEMENT | 242.00 | 292.00 | % 20.66 |
CITY CEMENT | 159.00 | 244.00 | % 53.46 |
EPCCO | 176.00 | 205.00 | % 16.48 |
NAJRAN CEMENT | 179.00 | 199.00 | % 11.17 |
United Cement | 177.00 | 195.00 | % 10.17 |
Al Safwa Cement Co. | 201.00 | 187.00 | (% 6.97 ) |
TCC | 113.00 | 143.00 | % 26.55 |
UACC | 87.00 | 130.00 | % 49.43 |
JOUF CEMENT | 95.00 | 129.00 | % 35.79 |
HCC | 112.00 | 126.00 | % 12.50 |
NORTHERN CEMENT | 47.00 | 35.00 | (% 25.53 ) |
Total | 3,909.00 | 4,173.00 | % 6.75 |
Company | 2023 (YTD) | 2024 (YTD) | Change |
---|---|---|---|
YSCC | 5,077.00 | 4,230.00 | (% 16.68 ) |
QACCO | 2,862.00 | 3,350.00 | % 17.05 |
SAUDI CEMENT | 3,194.00 | 3,325.00 | % 4.10 |
SPCC | 3,798.00 | 3,151.00 | (% 17.04 ) |
YCC | 2,664.00 | 3,011.00 | % 13.03 |
RIYADH CEMENT | 2,394.00 | 2,346.00 | (% 2.01 ) |
ACC | 2,265.00 | 2,289.00 | % 1.06 |
CITY CEMENT | 1,513.00 | 2,008.00 | % 32.72 |
NAJRAN CEMENT | 1,746.00 | 1,805.00 | % 3.38 |
EPCCO | 1,644.00 | 1,687.00 | % 2.62 |
Al Safwa Cement Co. | 1,478.00 | 1,486.00 | % 0.54 |
HCC | 1,013.00 | 1,270.00 | % 25.37 |
United Cement | 1,496.00 | 1,243.00 | (% 16.91 ) |
TCC | 990.00 | 1,239.00 | % 25.15 |
UACC | 719.00 | 1,111.00 | % 54.52 |
JOUF CEMENT | 933.00 | 1,016.00 | % 8.90 |
NORTHERN CEMENT | 666.00 | 334.00 | (% 49.85 ) |
Total | 34,452.00 | 34,901.00 | % 1.30 |
Three companies exported 93,000 tons of cement in September. Saudi Cement Co. led the way with around 60,000 tons of exports.
Monthly Exports Per Company (K tons)
Monthly Cement Sales (K tons)
Month | Sales | Change |
---|---|---|
2024 - January | 4,663.00 | % 3.60 |
2024 - February | 4,229.00 | (% 3.65 ) |
2024 - March | 3,698.00 | (% 14.30 ) |
2024 - April | 3,102.00 | % 13.13 |
2024 - May | 4,188.00 | % 0.05 |
2024 - June | 3,556.00 | (% 4.59 ) |
2024 - July | 4,350.00 | % 7.86 |
2024 - August | 4,225.00 | % 2.72 |
2024 - September | 4,266.00 | % 4.25 |
Monthly Sales Per Company (K tons)
Quarterly Sales Per Company (K tons)
Company | 2023 (Q 3) | 2024 (Q 3) | Change |
---|---|---|---|
YSCC | 2,031.00 | 1,540.00 | (% 24.18 ) |
SAUDI CEMENT | 1,264.00 | 1,501.00 | % 18.75 |
QACCO | 1,024.00 | 1,242.00 | % 21.29 |
YCC | 899.00 | 1,010.00 | % 12.35 |
SPCC | 1,266.00 | 1,049.00 | (% 17.14 ) |
ACC | 805.00 | 872.00 | % 8.32 |
RIYADH CEMENT | 798.00 | 852.00 | % 6.77 |
CITY CEMENT | 484.00 | 739.00 | % 52.69 |
EPCCO | 555.00 | 612.00 | % 10.27 |
NAJRAN CEMENT | 650.00 | 688.00 | % 5.85 |
United Cement | 494.00 | 493.00 | (% 0.20 ) |
Al Safwa Cement Co. | 572.00 | 533.00 | (% 6.82 ) |
TCC | 361.00 | 429.00 | % 18.84 |
UACC | 220.00 | 372.00 | % 69.09 |
JOUF CEMENT | 308.00 | 390.00 | % 26.62 |
HCC | 359.00 | 409.00 | % 13.93 |
NORTHERN CEMENT | 148.00 | 110.00 | (% 25.68 ) |
Total | 12,238.00 | 12,841.00 | % 4.93 |
Clinker production increased to 4.79 million tons in the same month, from 4.67 million tons in September 2023.
The clinker inventory reached 45.2 million tons in September, a rise of 14% from 39.8 million tons a year earlier.
Clinker – Production & Inventory (K tons)
Company | 2023 (September) | 2024 (September) | ||
---|---|---|---|---|
Production | Inventory | Production | Inventory | |
YSCC | 415.00 | 2,944.00 | 623.00 | 4,575.00 |
SAUDI CEMENT | 657.00 | 3,739.00 | 769.00 | 3,697.00 |
QACCO | 280.00 | 2,096.00 | 376.00 | 1,942.00 |
YCC | 570.00 | 5,907.00 | 254.00 | 6,152.00 |
SPCC | 549.00 | 3,740.00 | 522.00 | 5,703.00 |
ACC | 375.00 | 2,746.00 | 362.00 | 3,558.00 |
RIYADH CEMENT | 216.00 | 854.00 | 95.00 | 756.00 |
CITY CEMENT | 175.00 | 679.00 | 176.00 | 818.00 |
EPCCO | 250.00 | 3,153.00 | 310.00 | 2,421.00 |
NAJRAN CEMENT | 357.00 | 2,830.00 | 274.00 | 3,389.00 |
United Cement | 121.00 | 1,546.00 | 133.00 | 1,763.00 |
Al Safwa Cement Co. | 122.00 | 516.00 | 155.00 | 195.00 |
TCC | 134.00 | 1,432.00 | 95.00 | 1,064.00 |
UACC | 50.00 | 3,349.00 | 176.00 | 3,886.00 |
JOUF CEMENT | 108.00 | 915.00 | 133.00 | 1,481.00 |
HCC | 176.00 | 2,868.00 | 156.00 | 3,262.00 |
NORTHERN CEMENT | 131.00 | 468.00 | 176.00 | 529.00 |
Total | 4,686.00 | 39,782.00 | 4,785.00 | 45,191.00 |
Five market players exported clinker, led by Yanbu Cement Co. with 149,000 tons. It was followed by Saudi Cement Co. with 138,000 tons.
Monthly Clinker Exports (K tons)
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Quotes
Sales of Cement Companies (K tons)
Projects
Date | Projects | Company |
|
Cement Factory – Iraq | NORTHERN CEMENT |
|
Cement Mill | QACCO |
|
New Production Line | QACCO |
|
Production Line- Jazan Cement Factory | SPCC |
Analyst Recommendations
Date | Company | Research firm | Rating | Downloads |
QACCO | Riyad Capital | Neutral | ||
RIYADH CEMENT | Riyad Capital | Buy | ||
SPCC | Riyad Capital | Neutral | ||
SPCC | United Securities Company | Hold |
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