Cement Industry in Saudi Arabia during (2009 – 2012) : Supply and Demand Analysis

Hussain Al Salamin, Jalal Al-Baqshi, Mustafa Al Rasasi, Haitham Al Salem, Ali Al Hassan

Abstract


The growth of mega projects in Saudi Arabia due to the overflow public budget is considered as major catalyst for cement industry . However, governmental rules contribute critically in monitoring and controlling in cement prices . So, companies can not raise prices even if different factors appear. In this paper, three cement companies are selected as samples of the sector: Southern Cement, Yamamah and Arabian Cement which analyzed by look to supply and demand side with their determinants during (2009 - 2012 ) by applying the law of supply and the law of demand. Also, the black market and the reasons of emergence are discussed. Finally, conclusion and implication are explained at the end.

Keywords: Cement Industry, Saudi Arabia, Supply, Demand


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ISSN (Paper)2222-1700 ISSN (Online)2222-2855

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