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%.
- Future trends to watch for include the implementation of new construction projects as part of Saudi Arabia's Vision 2030.
- Advances in sustainable building materials may impact the demand for gypsum.
- Monitoring global supply chain developments could be crucial for predicting production fluctuations.