Saudi cement sales rise 3% to 4.2M tons in August
The aggregate sales of 17 Saudi cement producers increased 3% to 4.2 million tons in August 2024, 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 (August) | 2024 (August) | Change |
---|---|---|---|
Local Sales | 3,957.00 | 4,037.00 | % 2.02 |
Export Sales | 156.00 | 188.00 | % 20.51 |
Total | 4,113.00 | 4,225.00 | % 2.72 |
Ten companies reported higher domestic sales, led by Umm Al-Qura Cement Co. with a 69% year-on-year (YoY) surge. City Cement Co. came second with a 52% YoY leap.
On the other hand, seven cement producers recorded lower sales, dragged by Northern Region Cement Co. with a drop of 23% YoY. Southern Province Cement Co. took second place with a decline of 22% YoY.
Local Sales (Thousand Tons)
Company | 2023 (August) | 2024 (August) | Change |
---|---|---|---|
YSCC | 656.00 | 516.00 | (% 21.34 ) |
QACCO | 347.00 | 425.00 | % 22.48 |
SAUDI CEMENT | 315.00 | 357.00 | % 13.33 |
SPCC | 433.00 | 338.00 | (% 21.94 ) |
YCC | 310.00 | 320.00 | % 3.23 |
RIYADH CEMENT | 282.00 | 281.00 | (% 0.35 ) |
ACC | 284.00 | 280.00 | (% 1.41 ) |
CITY CEMENT | 162.00 | 246.00 | % 51.85 |
NAJRAN CEMENT | 206.00 | 210.00 | % 1.94 |
EPCCO | 185.00 | 180.00 | (% 2.70 ) |
Al Safwa Cement Co. | 159.00 | 173.00 | % 8.81 |
United Cement | 170.00 | 150.00 | (% 11.76 ) |
JOUF CEMENT | 97.00 | 142.00 | % 46.39 |
TCC | 111.00 | 139.00 | % 25.23 |
HCC | 122.00 | 124.00 | % 1.64 |
UACC | 71.00 | 120.00 | % 69.01 |
NORTHERN CEMENT | 47.00 | 36.00 | (% 23.40 ) |
Total | 3,957.00 | 4,037.00 | % 2.02 |
Company | 2023 (YTD) | 2024 (YTD) | Change |
---|---|---|---|
YSCC | 4,367.00 | 3,738.00 | (% 14.40 ) |
QACCO | 2,485.00 | 2,962.00 | % 19.20 |
SAUDI CEMENT | 2,922.00 | 2,932.00 | % 0.34 |
SPCC | 3,410.00 | 2,801.00 | (% 17.86 ) |
YCC | 2,393.00 | 2,657.00 | % 11.03 |
RIYADH CEMENT | 2,152.00 | 2,054.00 | (% 4.55 ) |
ACC | 1,962.00 | 1,978.00 | % 0.82 |
CITY CEMENT | 1,354.00 | 1,764.00 | % 30.28 |
NAJRAN CEMENT | 1,567.00 | 1,606.00 | % 2.49 |
EPCCO | 1,468.00 | 1,482.00 | % 0.95 |
Al Safwa Cement Co. | 1,277.00 | 1,299.00 | % 1.72 |
HCC | 901.00 | 1,144.00 | % 26.97 |
TCC | 877.00 | 1,096.00 | % 24.97 |
United Cement | 1,319.00 | 1,048.00 | (% 20.55 ) |
UACC | 632.00 | 981.00 | % 55.22 |
JOUF CEMENT | 838.00 | 887.00 | % 5.85 |
NORTHERN CEMENT | 619.00 | 299.00 | (% 51.70 ) |
Total | 30,543.00 | 30,728.00 | % 0.61 |
Three companies exported 188,000 tons of cement in August. Saudi Cement Co. led the way with around 164,000 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 |
Monthly Sales Per Company (K tons)
Clinker production decreased slightly to 4.76 million tons in the same month from 4.79 million tons in August 2023.
The clinker inventory reached 44.8 million tons in August 2024, a rise of 13% from 39.5 million tons a year earlier.
Clinker – Production & Inventory (K tons)
Company | 2023 (August) | 2024 (August) | ||
---|---|---|---|---|
Production | Inventory | Production | Inventory | |
SAUDI CEMENT | 667.00 | 3,590.00 | 792.00 | 3,525.00 |
YSCC | 536.00 | 3,191.00 | 684.00 | 4,388.00 |
QACCO | 341.00 | 2,180.00 | 336.00 | 1,918.00 |
SPCC | 501.00 | 3,713.00 | 480.00 | 5,491.00 |
YCC | 626.00 | 5,681.00 | 355.00 | 6,344.00 |
RIYADH CEMENT | 147.00 | 865.00 | 132.00 | 924.00 |
ACC | 288.00 | 2,661.00 | 287.00 | 3,472.00 |
CITY CEMENT | 182.00 | 647.00 | 182.00 | 849.00 |
NAJRAN CEMENT | 373.00 | 2,679.00 | 282.00 | 3,302.00 |
EPCCO | 220.00 | 3,186.00 | 202.00 | 2,479.00 |
Al Safwa Cement Co. | 174.00 | 621.00 | 125.00 | 198.00 |
United Cement | 157.00 | 1,565.00 | 152.00 | 1,790.00 |
JOUF CEMENT | 125.00 | 923.00 | 85.00 | 1,477.00 |
TCC | 124.00 | 1,383.00 | 127.00 | 1,084.00 |
HCC | 174.00 | 2,793.00 | 183.00 | 3,243.00 |
UACC | 53.00 | 3,380.00 | 186.00 | 3,824.00 |
NORTHERN CEMENT | 104.00 | 478.00 | 155.00 | 447.00 |
Total | 4,792.00 | 39,536.00 | 4,745.00 | 44,755.00 |
Five market players exported clinker, led by Saudi Cement Co. with 193,000 tons. It was followed by Yanbu Cement Co. with 139,000 tons.
Monthly Clinker Exports (K tons)
Riyadh Cement redeems SAR 25M in tax returns withheld with ZATCAArgaam08/09/2024
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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 |
SAUDI CEMENT | Riyad Capital | Buy | ||
YSCC | Riyad Capital | Neutral | ||
YSCC | U-Capital | Hold | ||
CITY CEMENT | U-Capital | Aggregate |
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