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Petrochemical Sec<strong>to</strong>r<br />
Saudi Sec<strong>to</strong>r Performance 2007<br />
» Sales revenue increased at a CAGR of 23.1%<br />
during 2004-07 <strong>to</strong> US$34.8bn in 2007.<br />
» The profitability during 2004-07 had increased<br />
at a CAGR of 25.5% <strong>to</strong> US$8.0bn in 2007.<br />
» Profit margins recorded at an average level<br />
of 24.4%.<br />
SABIC Regional Share - 2007<br />
40,000.0<br />
45.6%<br />
35,000.0<br />
30,000.0<br />
25,000.0<br />
20,000.0<br />
15,000.0<br />
15.3%<br />
11.0%<br />
10,000.0<br />
5,000.0<br />
-<br />
2005 2006 2007<br />
Sales Revenue Growth<br />
Source: Zawya & Companies’ Annual Accounts<br />
Global Investment House<br />
50.0%<br />
45.0%<br />
40.0%<br />
35.0%<br />
30.0%<br />
25.0%<br />
20.0%<br />
15.0%<br />
10.0%<br />
5.0%<br />
0.0%<br />
Sec<strong>to</strong>r Net Profit Margins 2004-07 Saudi<br />
27.0%<br />
26.4%<br />
26.0%<br />
25.1%<br />
25.0%<br />
24.0%<br />
23.0%<br />
23.0%<br />
22.0%<br />
21.7%<br />
Higher financial & depreciation cost<br />
21.0%<br />
20.0%<br />
2004 2005 2006 2007<br />
Source: Companies’ Annual Accounts & Global Research<br />
SABIC Regional Share - 2007<br />
9,000.0<br />
8,000.0<br />
40.4%<br />
33.5%<br />
7,000.0<br />
6,000.0<br />
5,000.0<br />
4,000.0<br />
3,000.0<br />
2,000.0<br />
1,000.0<br />
5.6%<br />
-<br />
2005 2006 2007<br />
Profitability Growth<br />
Source: Zawya & Companies’ Annual Accounts<br />
45.0%<br />
40.0%<br />
35.0%<br />
30.0%<br />
25.0%<br />
20.0%<br />
15.0%<br />
10.0%<br />
5.0%<br />
0.0%<br />
27 Saudi Arabia Economic Overview - January 2009
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