New Market Study Published: Cement, Stone and Ceramic Products in Saudi Arabia: Industrial Report
Saudi cement, stone and ceramic products market sees 55% growth over review period to reach SR25.6 billion in 2012. Import penetration decreases to 17% of total market in 2012. Turnover of local producers slightly outperforms market, equalling SR24.3 billion in 2012. Exports decline in importance for local producers, generating 10% of turnover in 2012. Industry production revenue expected to increase by 45% over forecast period amid rising demand from construction industry.
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