-
Bank Ranking
Banks Ratios
Cement Statistics
Cement Ranking
Cement Ratios
Monetary and Economic Statistics
Oil, Gas and Fuel
Macro Economy
Consumer Spending
Inflation
Exports & Imports
Food Prices
Non Food Prices
Construction Materials
Petrochem. Ranking
Petrochem. Ratios
Retail Rankings
Retail Ratios
Grocery Ranking
Grocery Ratios
Top Growth
Dividend History
Saudi cement sales rise 10% to 4.9M tons in October
The aggregate sales volumes of 17 Saudi cement producers grew 10% to 4.9 million tons in October, from 4.4 million tons a year earlier, according to recent data issued by Yamama Cement Co.
Total Cement Sales in KSA (K tons)
| Item | 2023 (October) | 2024 (October) | Change |
|---|---|---|---|
| Local Sales | 4,208.00 | 4,660.00 | % 10.74 |
| Export Sales | 211.00 | 219.00 | % 3.79 |
| Total | 4,419.00 | 4,879.00 | % 10.41 |
As many as 12 companies reported higher domestic sales volumes for the month, led by Yanbu Cement Co. with a 40% year-on-year (YoY) rise. Al Jouf Cement Co. came in second with a 37% YoY leap.
On the other hand, five cement producers recorded lower sales volumes locally, topped by Northern Region Cement Co. with a 21% YoY drop. Southern Province Cement Co. took second place with a decline of 12% YoY.
Local Sales (Thousand Tons)
| Company | 2023 (October) | 2024 (October) | Change |
|---|---|---|---|
| YC | 521.00 | 609.00 | % 16.89 |
| SAUDI CEMENT | 437.00 | 467.00 | % 6.86 |
| YCC | 291.00 | 407.00 | % 39.86 |
| QACCO | 334.00 | 396.00 | % 18.56 |
| SPCC | 416.00 | 365.00 | (% 12.26 ) |
| ACC | 323.00 | 354.00 | % 9.60 |
| RIYADH CEMENT | 309.00 | 304.00 | (% 1.62 ) |
| CITY CEMENT | 224.00 | 268.00 | % 19.64 |
| EPCCO | 180.00 | 235.00 | % 30.56 |
| United Cement | 191.00 | 218.00 | % 14.14 |
| NAJRAN CEMENT | 199.00 | 215.00 | % 8.04 |
| Al Safwa Cement Co. | 220.00 | 207.00 | (% 5.91 ) |
| TCC | 133.00 | 154.00 | % 15.79 |
| UACC | 124.00 | 150.00 | % 20.97 |
| JOUF CEMENT | 106.00 | 145.00 | % 36.79 |
| HCC | 158.00 | 133.00 | (% 15.82 ) |
| NORTHERN CEMENT | 42.00 | 33.00 | (% 21.43 ) |
| Total | 4,208.00 | 4,660.00 | % 10.74 |
| Company | 2023 (YTD) | 2024 (YTD) | Change |
|---|---|---|---|
| YC | 5,598.00 | 4,839.00 | (% 13.56 ) |
| SAUDI CEMENT | 3,631.00 | 3,792.00 | % 4.43 |
| QACCO | 3,196.00 | 3,746.00 | % 17.21 |
| SPCC | 4,214.00 | 3,516.00 | (% 16.56 ) |
| YCC | 2,955.00 | 3,418.00 | % 15.67 |
| RIYADH CEMENT | 2,703.00 | 2,650.00 | (% 1.96 ) |
| ACC | 2,588.00 | 2,643.00 | % 2.13 |
| CITY CEMENT | 1,737.00 | 2,276.00 | % 31.03 |
| NAJRAN CEMENT | 1,945.00 | 2,020.00 | % 3.86 |
| EPCCO | 1,824.00 | 1,922.00 | % 5.37 |
| Al Safwa Cement Co. | 1,698.00 | 1,693.00 | (% 0.29 ) |
| United Cement | 1,687.00 | 1,461.00 | (% 13.40 ) |
| HCC | 1,171.00 | 1,403.00 | % 19.81 |
| TCC | 1,123.00 | 1,393.00 | % 24.04 |
| UACC | 843.00 | 1,261.00 | % 49.58 |
| JOUF CEMENT | 1,039.00 | 1,161.00 | % 11.74 |
| NORTHERN CEMENT | 708.00 | 367.00 | (% 48.16 ) |
| Total | 38,660.00 | 39,561.00 | % 2.33 |
Three companies exported 219,000 tons of cement in October. Saudi Cement Co. led the way with around 180,000 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 |
| 2024 - October | 4,879.00 | % 10.41 |
Monthly Sales Per Company (K tons)
The clinker inventory reached 45.1 million tons in October, a rise of 13.6% from 39.8 million tons a year earlier.
Four market players exported clinker, led by Saudi Cement with 245,000 tons. It was followed by Northern Cement with 86,000 tons.
Clinker – Production & Inventory (K tons)
| Company | 2023 (October) | 2024 (October) | ||
|---|---|---|---|---|
| Production | Inventory | Production | Inventory | |
| SAUDI CEMENT | 411.00 | 3,462.00 | 537.00 | 3,449.00 |
| YC | 603.00 | 3,072.00 | 684.00 | 4,697.00 |
| YCC | 632.00 | 6,098.00 | 467.00 | 6,270.00 |
| QACCO | 299.00 | 2,099.00 | 329.00 | 1,915.00 |
| SPCC | 589.00 | 3,901.00 | 461.00 | 5,842.00 |
| ACC | 308.00 | 2,779.00 | 375.00 | 3,602.00 |
| RIYADH CEMENT | 202.00 | 768.00 | 174.00 | 681.00 |
| CITY CEMENT | 178.00 | 660.00 | 182.00 | 756.00 |
| EPCCO | 260.00 | 3,118.00 | 330.00 | 2,319.00 |
| NAJRAN CEMENT | 296.00 | 2,915.00 | 223.00 | 3,393.00 |
| United Cement | 87.00 | 1,485.00 | 122.00 | 1,701.00 |
| Al Safwa Cement Co. | 147.00 | 441.00 | 174.00 | 194.00 |
| TCC | 70.00 | 1,350.00 | 63.00 | 1,012.00 |
| UACC | 109.00 | 3,348.00 | 175.00 | 3,932.00 |
| JOUF CEMENT | 155.00 | 939.00 | 271.00 | 1,606.00 |
| HCC | 182.00 | 2,903.00 | 95.00 | 3,233.00 |
| NORTHERN CEMENT | 44.00 | 409.00 | 129.00 | 539.00 |
| Total | 4,572.00 | 39,747.00 | 4,791.00 | 45,141.00 |
Clinker production increased to 4.8 million tons in the same month, from 4.6 million tons in October 2023.
Monthly Clinker Exports (K tons)
Follow us on
Saudi cement sales rise 10% to 4.9M tons in OctoberArgaam Special07/11/2024
Tabuk Cement board OKs 2024-26 dividend policyArgaam06/11/2024
Saudi average cement prices rise 2%, steel down 4% in 9M 2024Argaam06/11/2024
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 | U-Capital | Aggregate | ||
| CITY CEMENT | U-Capital | Aggregate | ||
| SAUDI CEMENT | SNB Capital | Neutral | ||
| EPCCO | SNB Capital | Overweight |
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}