Higher demand spurred by Vision 2030 mega projects boosted Saudi Arabia’s cement sales by 9% in late 2024, an industry report revealed. Cement sales rose from 24.5 million tonnes in early 2023 to 26.6 million tonnes in late 2025.
According to Yamama Cement Company, December 2024 saw a significant surge, with domestic cement sales and production increasing by 16.4% and 15.5%, respectively. This growth highlights the sector’s strong performance during the year-end period.
Vision 2030 and Housing Projects Drive Expansion
The report attributed the growth to progress in mega projects under Vision 2030 and increased housing construction. These initiatives have significantly boosted demand for cement across the Kingdom.
Sales by Saudi Arabia’s 17 listed cement companies grew by 4% in 2024, reaching 49.2 million tonnes compared to 47.2 million tonnes in 2023. This growth reflects the sector’s resilience and alignment with national development goals.
Sustainability and Digital Transformation Shape Future
The cement industry is also embracing sustainability and digital transformation. Companies are investing in green technologies and Industry 4.0 solutions to reduce carbon emissions and improve efficiency.
With Vision 2030 projects accelerating and sustainability initiatives gaining momentum, Saudi Arabia’s cement industry is set for robust growth. The sector remains a key driver of the Kingdom’s economic diversification and infrastructure development.