The market is dominated by domestic suppliers, as imports account for 10.1% of total market size in 2022. B2B drives market demand, with B2B spending representing 90.7% of total demand in 2022. Saudi Arabia has the largest market size for cement, stone and ceramic products regionally, with demand reaching USD18.6 billion in 2022. Saudi Readymix Concrete Co Ltd is the largest company in Saudi Arabia, generating 5.2% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 11.0% of total production value in 2022. The total number of companies increases in 2022, to 8,371 units. The costs of the industry increase by 27.3% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 43.7% of production value in 2022, the highest regionally. The industry’s exports share decreases in 2022 to 2.5% of total production output. With production value of USD19.2 billion, Saudi Arabia accounts for 30.6% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Cement, Stone and Ceramic Products in Saudi Arabia: ISIC 269. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Cement, Stone and Ceramic Products in Saudi Arabia: ISIC 269 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Non-metalic Mineral Products is an aggregation of Quarrying of Stone, Sand and Clay; Cement, Stone and Ceramic Products; Glass and Glass Prodcuts.
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