Saudi cement sales down 5% YoY to 3.6M tons in June

The aggregate sales of the 17 Saudi cement producers fell 5% year-on-year (YoY) to 3.6 million tons in June 2024, according to recent data issued by Yamama Cement Co.

Total Cement Sales in KSA (K tons)

‎‫Item 2023 (June) 2024 (June) Change‬
‎‫Local Sales ‎‫3,525.00 ‎‫3,399.00 ‎‫(3.57 %)
‎‫Export Sales ‎‫202.00 ‎‫157.00 ‎‫(22.28 %)
‎‫Total ‎‫3,727.00 ‎‫3,556.00 ‎‫(4.59 %)

Locally, nine companies reported lower sales last month, led by Northern Cement Co. with a 53% YoY retreat. Yamama Cement came second with a 25% YoY drop.

 

On the other hand, eight cement producers reported higher sales during the same month, topped by Umm Al-Qura Cement Co. with a rise of 67% YoY. City Cement Co. took second place with a YoY increase of 37%.

Local Sales (Thousand Tons)

‎‫Company 2023 (June) 2024 (June) Change‬
‎‫YSCC ‎‫575.00 ‎‫429.00 ‎‫(25.39 %)
‎‫QACCO ‎‫304.00 ‎‫354.00 ‎‫16.45 %
‎‫YCC ‎‫272.00 ‎‫302.00 ‎‫11.03 %
‎‫SAUDI CEMENT ‎‫324.00 ‎‫296.00 ‎‫(8.64 %)
‎‫SPCC ‎‫392.00 ‎‫295.00 ‎‫(24.74 %)
‎‫RIYADH CEMENT ‎‫256.00 ‎‫247.00 ‎‫(3.52 %)
‎‫ACC ‎‫191.00 ‎‫195.00 ‎‫2.09 %
‎‫CITY CEMENT ‎‫140.00 ‎‫192.00 ‎‫37.14 %
‎‫EPCCO ‎‫160.00 ‎‫187.00 ‎‫16.88 %
‎‫NAJRAN CEMENT ‎‫176.00 ‎‫164.00 ‎‫(6.82 %)
‎‫Al Safwa Cement Co. ‎‫180.00 ‎‫144.00 ‎‫(20.00 %)
‎‫HCC ‎‫98.00 ‎‫130.00 ‎‫32.65 %
‎‫TCC ‎‫91.00 ‎‫116.00 ‎‫27.47 %
‎‫UACC ‎‫69.00 ‎‫115.00 ‎‫66.67 %
‎‫United Cement ‎‫137.00 ‎‫111.00 ‎‫(18.98 %)
‎‫JOUF CEMENT ‎‫96.00 ‎‫92.00 ‎‫(4.17 %)
‎‫NORTHERN CEMENT ‎‫64.00 ‎‫30.00 ‎‫(53.13 %)
‎‫Total ‎‫3,525.00 ‎‫3,399.00 ‎‫(3.57 %)
‎‫Company 2023 (YTD) 2024 (YTD) Change‬
‎‫YSCC ‎‫3,046.00 ‎‫2,690.00 ‎‫(11.69 %)
‎‫SAUDI CEMENT ‎‫2,279.00 ‎‫2,219.00 ‎‫(2.63 %)
‎‫QACCO ‎‫1,838.00 ‎‫2,108.00 ‎‫14.69 %
‎‫SPCC ‎‫2,537.00 ‎‫2,102.00 ‎‫(17.15 %)
‎‫YCC ‎‫1,765.00 ‎‫2,001.00 ‎‫13.37 %
‎‫RIYADH CEMENT ‎‫1,599.00 ‎‫1,494.00 ‎‫(6.57 %)
‎‫ACC ‎‫1,460.00 ‎‫1,417.00 ‎‫(2.95 %)
‎‫CITY CEMENT ‎‫1,029.00 ‎‫1,269.00 ‎‫23.32 %
‎‫NAJRAN CEMENT ‎‫1,167.00 ‎‫1,171.00 ‎‫0.34 %
‎‫EPCCO ‎‫1,107.00 ‎‫1,117.00 ‎‫0.90 %
‎‫Al Safwa Cement Co. ‎‫953.00 ‎‫953.00 ‎‫0.00 %
‎‫HCC ‎‫654.00 ‎‫861.00 ‎‫31.65 %
‎‫TCC ‎‫653.00 ‎‫810.00 ‎‫24.04 %
‎‫United Cement ‎‫1,002.00 ‎‫750.00 ‎‫(25.15 %)
‎‫UACC ‎‫499.00 ‎‫739.00 ‎‫48.10 %
‎‫JOUF CEMENT ‎‫625.00 ‎‫626.00 ‎‫0.16 %
‎‫NORTHERN CEMENT ‎‫518.00 ‎‫224.00 ‎‫(56.76 %)
‎‫Total ‎‫22,731.00 ‎‫22,551.00 ‎‫(0.79 %)

 

Three companies exported 157,000 tons of cement in June. Saudi Cement Co. led the way with around 127,000 tons of exports.


Monthly Exports Per Company (K tons)

Company June-2024 May-2024 April-2024 March-2024 February-2024
SAUDI CEMENT ‎127.00 ‎126.00 ‎151.00 ‎98.00 ‎53.00
NAJRAN CEMENT ‎18.00 ‎35.00 ‎13.00 ‎2.00 ‎6.00
EPCCO ‎12.00 ‎14.00 ‎16.00 ‎16.00 ‎20.00
Al Safwa Cement Co. - - - - ‎1.00
Total ‎‫157.00 ‎‫175.00 ‎‫180.00 ‎‫116.00 ‎‫80.00

Monthly Cement Sales (K tons)

‎‫Month Sales Change‬
2022 - ‎‫January ‎‫4,903.00 ‎‫(5.66 %)
2022 - ‎‫February ‎‫4,274.00 ‎‫(13.88 %)
2022 - ‎‫March ‎‫5,046.00 ‎‫(10.83 %)
2022 - ‎‫April ‎‫3,084.00 ‎‫(23.47 %)
2022 - ‎‫May ‎‫3,577.00 ‎‫1.73 %
2022 - ‎‫June ‎‫4,397.00 ‎‫2.93 %
2022 - ‎‫July ‎‫3,858.00 ‎‫7.23 %
2022 - ‎‫August ‎‫4,630.00 ‎‫12.98 %
2022 - ‎‫September ‎‫4,472.00 ‎‫10.12 %
2022 - ‎‫October ‎‫4,954.00 ‎‫10.95 %
2022 - ‎‫November ‎‫4,777.00 ‎‫1.44 %
2022 - ‎‫December ‎‫4,626.00 ‎‫(3.99 %)
2023 - ‎‫January ‎‫4,501.00 ‎‫(8.20 %)
2023 - ‎‫February ‎‫4,389.00 ‎‫2.69 %
2023 - ‎‫March ‎‫4,315.00 ‎‫(14.49 %)
2023 - ‎‫April ‎‫2,742.00 ‎‫(11.09 %)
2023 - ‎‫May ‎‫4,186.00 ‎‫17.03 %
2023 - ‎‫June ‎‫3,727.00 ‎‫(15.24 %)
2023 - ‎‫July ‎‫4,033.00 ‎‫4.54 %
2023 - ‎‫August ‎‫4,113.00 ‎‫(11.17 %)
2023 - ‎‫September ‎‫4,092.00 ‎‫(8.50 %)
2023 - ‎‫October ‎‫4,419.00 ‎‫(10.80 %)
2023 - ‎‫November ‎‫4,426.00 ‎‫(7.35 %)
2023 - ‎‫December ‎‫4,394.00 ‎‫(5.02 %)
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 %)

Monthly Sales Per Company (K tons)

Company June-2024 May-2024 April-2024 March-2024 February-2024
YSCC 429.00 497.00 358.00 469.00 458.00
SAUDI CEMENT 423.00 481.00 425.00 466.00 509.00
QACCO 354.00 405.00 302.00 310.00 366.00
YCC 302.00 366.00 254.00 292.00 339.00
SPCC 295.00 365.00 261.00 331.00 436.00
RIYADH CEMENT 247.00 261.00 202.00 242.00 249.00
EPCCO 199.00 200.00 189.00 195.00 210.00
ACC 195.00 224.00 141.00 215.00 285.00
CITY CEMENT 192.00 238.00 187.00 197.00 221.00
NAJRAN CEMENT 182.00 235.00 145.00 174.00 244.00
Al Safwa Cement Co. 144.00 174.00 134.00 144.00 190.00
HCC 130.00 165.00 112.00 143.00 156.00
TCC 116.00 139.00 93.00 130.00 140.00
UACC 115.00 162.00 95.00 125.00 117.00
United Cement 111.00 126.00 91.00 127.00 145.00
JOUF CEMENT 92.00 113.00 85.00 102.00 114.00
NORTHERN CEMENT 30.00 37.00 28.00 36.00 50.00
Total 3,556.00 4,188.00 3,102.00 3,698.00 4,229.00

Quarterly Sales Per Company (K tons)

‎‫Company 2023 (Q 2) 2024 (Q 2) Change‬
‎‫YSCC ‎‫1,449.00 ‎‫1,284.00 ‎‫(11.39 %)
‎‫SAUDI CEMENT ‎‫1,476.00 ‎‫1,329.00 ‎‫(9.96 %)
‎‫QACCO ‎‫790.00 ‎‫1,061.00 ‎‫34.30 %
‎‫YCC ‎‫799.00 ‎‫922.00 ‎‫15.39 %
‎‫SPCC ‎‫1,108.00 ‎‫921.00 ‎‫(16.88 %)
‎‫RIYADH CEMENT ‎‫735.00 ‎‫710.00 ‎‫(3.40 %)
‎‫EPCCO ‎‫573.00 ‎‫588.00 ‎‫2.62 %
‎‫ACC ‎‫597.00 ‎‫560.00 ‎‫(6.20 %)
‎‫CITY CEMENT ‎‫426.00 ‎‫617.00 ‎‫44.84 %
‎‫NAJRAN CEMENT ‎‫544.00 ‎‫562.00 ‎‫3.31 %
‎‫Al Safwa Cement Co. ‎‫405.00 ‎‫452.00 ‎‫11.60 %
‎‫HCC ‎‫274.00 ‎‫407.00 ‎‫48.54 %
‎‫TCC ‎‫291.00 ‎‫348.00 ‎‫19.59 %
‎‫UACC ‎‫222.00 ‎‫372.00 ‎‫67.57 %
‎‫United Cement ‎‫430.00 ‎‫328.00 ‎‫(23.72 %)
‎‫JOUF CEMENT ‎‫299.00 ‎‫290.00 ‎‫(3.01 %)
‎‫NORTHERN CEMENT ‎‫237.00 ‎‫95.00 ‎‫(59.92 %)
‎‫Total ‎‫10,655.00 ‎‫10,846.00 ‎‫1.79 %

Clinker production decreased by 7% to 4.5 million tons in the same month, from 4.9 million tons in June 2023.

 

The clinker inventory reached 43.9 million tons in June, jumping 14% from 38.6 million tons a year earlier.

Clinker – Production & Inventory (K tons)

‎‫Company 2023 (June) 2024 (June)
  ‎‫PROD INV ‎‫PROD INV
‎‫YSCC ‎‫527.00 ‎‫3,207.00 ‎‫527.00 ‎‫3,976.00
‎‫SAUDI CEMENT ‎‫636.00 ‎‫3,399.00 ‎‫761.00 ‎‫3,233.00
‎‫QACCO ‎‫362.00 ‎‫2,004.00 ‎‫305.00 ‎‫1,948.00
‎‫YCC ‎‫401.00 ‎‫5,317.00 ‎‫313.00 ‎‫6,397.00
‎‫SPCC ‎‫540.00 ‎‫3,750.00 ‎‫596.00 ‎‫5,301.00
‎‫RIYADH CEMENT ‎‫294.00 ‎‫984.00 ‎‫180.00 ‎‫1,116.00
‎‫EPCCO ‎‫228.00 ‎‫3,344.00 ‎‫266.00 ‎‫2,692.00
‎‫ACC ‎‫339.00 ‎‫2,537.00 ‎‫338.00 ‎‫3,306.00
‎‫CITY CEMENT ‎‫204.00 ‎‫569.00 ‎‫175.00 ‎‫913.00
‎‫NAJRAN CEMENT ‎‫321.00 ‎‫2,368.00 ‎‫199.00 ‎‫3,213.00
‎‫Al Safwa Cement Co. ‎‫156.00 ‎‫583.00 ‎‫106.00 ‎‫236.00
‎‫HCC ‎‫165.00 ‎‫2,790.00 ‎‫166.00 ‎‫3,148.00
‎‫TCC ‎‫155.00 ‎‫1,339.00 ‎‫135.00 ‎‫1,150.00
‎‫UACC ‎‫119.00 ‎‫3,443.00 ‎‫149.00 ‎‫3,666.00
‎‫United Cement ‎‫148.00 ‎‫1,531.00 ‎‫151.00 ‎‫1,726.00
‎‫JOUF CEMENT ‎‫182.00 ‎‫890.00 ‎‫145.00 ‎‫1,550.00
‎‫NORTHERN CEMENT ‎‫89.00 ‎‫490.00 - ‎‫307.00
‎‫Total ‎‫4,866.00 ‎‫38,545.00 ‎‫4,512.00 ‎‫43,878.00

Five companies exported clinker in June, led by Saudi Cement with nearly 193,000 tons. Southern Cement Co. followed with 140,000 tons.



Monthly Clinker Exports (K tons)

Company June-2024 May-2024 April-2024 March-2024 February-2024
SAUDI CEMENT ‎193.00 ‎194.00 ‎233.00 ‎192.00 ‎179.00
SPCC ‎140.00 - - - -
YCC ‎47.00 ‎93.00 ‎92.00 ‎92.00 ‎106.00
JOUF CEMENT ‎45.00 ‎39.00 ‎22.00 ‎25.00 ‎12.00
NORTHERN CEMENT ‎24.00 ‎26.00 ‎24.00 ‎51.00 ‎58.00
Al Safwa Cement Co. - ‎1.00 ‎3.00 ‎1.00 -
Total 449.00 353.00 374.00 361.00 355.00

Sales of Cement Companies (K tons)

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