Forecast: Gypsum Production in Saudi Arabia

The gypsum production in Saudi Arabia experienced incremental growth from 2013 to 2019, with average annual increases of around 2%. However, 2020 saw a significant decline of approximately 15.59%, likely due to disruptions caused by the pandemic. The production rebounded in 2021 with a year-on-year increase of 16.37%, followed by continued growth in 2022 and 2023, where production stood at 2.14 million metric tons. The compound annual growth rate (CAGR) over the past five years has been moderate at around 1.65%.

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