Saudi Arabia among top 10 countries in cement production capacity worldwide

The Kingdom is among the top 10 countries in cement production worldwide, with a production capacity of more than 82 million tons, while its clinker reserves exceed 45 million tons. This huge reserve is sufficient to meet the Kingdom’s needs for nearly 12 months. Expectations indicate that spending on the construction sector will exceed 6 trillion riyals by 2030, reflecting the high ambitions for growth and development in the Kingdom’s economy.

Globally, China topped the list in cement production with a capacity exceeding 3 billion tons annually, while the United States came in second place with a production capacity exceeding 300 million tons. India ranked third with a production exceeding 219 million tons.

Indonesia ranked fourth with a capacity exceeding 141 million tons. Russia came in fifth place with a production exceeding 122 million tons, while Turkey ranked sixth with a production exceeding 115 million tons. Vietnam came in seventh place with a production capacity exceeding 97 million tons, followed by Egypt in eighth place with a production exceeding 90 million tons. Brazil came in ninth place with a production capacity exceeding 87 million tons, while Saudi Arabia was able to reserve tenth place for itself with a production capacity exceeding 82 million tons. In a previous analysis by (Mal) of the expected annual cement consumption in Saudi Arabia during the period from 2024 to 2030, according to the expectations, cement consumption in the Kingdom is expected to grow by approximately 3% until 2030, reaching a consumption of 62 million tons. This forecast is considered somewhat conservative, while the other scenario drawn by Mal calls for cement consumption to grow by 4% during 2024 and by 6% during 2025 to 2030, reaching a consumption in 2030 of approximately 75 million tons. The cement sector is considered one of the economic sectors affected by the growth of the gross domestic product. The relationship between economic growth and cement production is a correlational relationship. The Kingdom follows expansionary financial policies, and the size of spending within the economy is estimated at approximately 27 trillion riyals until the year 2030.