Saudi Arabia’s cement exports are uncertain

Saudi Arabia exported from January to November 2023 in total 1.990 Mt of cement. This is a YoY increase by +24.1% from 1.604 Mt the same period last year. However, these accumulated exports include only 0.133 Mt from November, while in that month in last year 0.239 Mt were exported, which corresponds to a -44.4% monthly decline in one year.