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Cement Sec<strong>to</strong>r<br />
Saudi Cement Demand Supply<br />
» Over <strong>the</strong> years, <strong>the</strong>re was a gap between <strong>the</strong> demand and supply which in <strong>the</strong> <strong>com</strong>ing years is expected<br />
<strong>to</strong> be over supplied on account of <strong>com</strong>missioning of new cement plants and slow down in construction<br />
activities.<br />
(<strong>to</strong>ns)<br />
35,000<br />
(<strong>to</strong>ns)<br />
250<br />
30,000<br />
200<br />
25,000<br />
150<br />
20,000<br />
100<br />
15,000<br />
50<br />
10,000<br />
-<br />
5,000<br />
-50<br />
-<br />
-100<br />
2005 2006 2007 9M-2008<br />
Exports (LHS) Local Demand (LHS) Supply (LHS) GAP (RHS)<br />
Source: Yamama Cement & Global Research<br />
Global Investment House 59 Saudi Arabia Economic Overview - January 2009