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Building Materials Industry Directory in GCC: $37 bln worth of cumulative investments until 2014

The Gulf Organization for Industrial Consulting (GOIC) announced that the GCC building materials industry was ranked third in terms of cumulative investments in 2014.

The Gulf Organization for Industrial Consulting (GOIC) announced that the GCC building materials industry was ranked third in terms of cumulative investments in 2014. This sector was the target of more than 37 billion USD, about 9.8% of the total cumulative investments in manufacturing industries valued at approximately 380 billion USD. There were 2858 factories (about 17.5% of the total number of manufacturing factories amounting to approximately 16292 in 2014). About 259.4 thousand workers were employed in this sector (17% of the total 1.529 million workers).
GOIC’s new publication “Building Materials Industry Director in the GCC Countries” (and Yemen) highlighted these figures. The Directory that was published recently is available at GOIC’s Gulf Industrial Knowledge Centre http://www.knowledge.goic.org.qa.  In this regard, GOIC Secretary General Mr. Abdulaziz Bin Hamad Al-Ageel stated: “Building materials industry is a key sector in GCC countries, for it is a pillar of development and progress.” He added: “The boom in the Gulf was paralleled with the construction of several residential, industrial, commercial and leisure cities, in addition to infrastructure and public facility projects according to the different needs and development plans of GCC countries.”
Al-Ageel explained: “This Directory is part of a series of specialised industrial directories issued by GOIC to provide information regarding the industrial sector, making the data accessible to the largest number of decision and policy makers, investors and researchers in this field.”
The building materials industry includes several industrial activities according to ISIC as follows: manufacture of glass and glass products, manufacture of refractory products, manufacture of clay building materials, manufacture of other porcelain and ceramic products, manufacture of cement, lime and plaster, manufacture of articles of concrete, cement and plaster, cutting, shaping and finishing of stone and manufacture of other non-metallic mineral products n.e.c.
Since its foundation, GOIC endeavours to spread knowledge and provide information relating to the industrial sector to the largest number of decision and policy makers, investors and researchers in a variety of ways. In this regard, a team of GOIC’s elite experts worked on completing a large set of specialised periodical publications on various industrial sectors in GCC countries and Yemen, in addition to multi-client studies, periodicals, Gulf statistical profiles, and a variety of analytical and statistical books about key industrial sectors. In the future, GOIC will continue to issue similar publications to become reference materials for economy professionals in general, and industrialists in particular.

The development of building materials industry in GCC countries

Entry 2010 2011 2012 2013 2014
Number of Factories 2,129 2,258 2,567 2,741 2,858
Size of Cumulative Investments – Million USD 22,359 30,886 32,695 34,448 37,272
Labour Force 185,774 204,711 222,924 234,046 259,407

The distribution of factories in the building materials sector in GCC countries according to industrial activities

Factories 2010 2011 2012 2013 2014 Average growth
5 years		 Percentage 2014 %
Manufacture of glass and glass products 140 151 164 167 196 8.78 %  %6.9
Manufacture of ceramic products 55 60 61 65 70  %6.2  %2.4
Manufacture of cement, lime and plaster 54 59 62 62 67  %5.5  %2.3
Manufacture of concrete blocks, bricks and mosaic tiles 888 953 1,077 1,141 1,151  %6.7 40.3 %
Manufacture of ready-mix concrete 415 444 531 586 625 10.8 %  %21.9
Manufacture of plaster products  72 73 81 92 97  %7.7  %3.4
Manufacture of marble and granite 263 289 341 369 398 10.9 %  %13.9
Manufacture of sand and gravel 225 204 216 222 218 0.8 %-  %7.6
Manufacture of other non-metallic mineral products 17 25 34 37 36 20.6 %  %1.3
Manufacture of building materials 2,129 2,258 2,567 2,741 2,858  %7.6 100.0 %

The development of investments in GCC building materials industry according to industrial activities

Investments – million USD 2010 2011 2012 2013 2014 Average growth  5 years Percentage 2014 %
Manufacture of glass and glass products 1,674 2,204 2,286 2,304 2,404  %9.5  %6.4
Manufacture of ceramic products 1,473 4,086 4,087 4,141 4,150 29.6 % 11.1 %
Manufacture of cement, lime and plaster 11,882 15,435 15,769 16,034 17,526 10.2 %  %47.0
Manufacture of concrete blocks, bricks and mosaic tiles 2,531 3,452 4,058 4,479 4,707  %16.8  %12.6
Manufacture of ready-mix concrete 2,651 3,253 3,776 4,687 5,266  %18.7  %14.1
Manufacture of plaster products  570 716 777 795 1,001  %15.1  %2.7
Manufacture of marble and granite 824 941 1,054 1,077 1,206  %10.0  %3.2
Manufacture of sand and gravel 599 583 614 626 644  %1.8  %1.7
Manufacture of other non-metallic mineral products 155 217 275 305 368  %24.1  %1.0
Manufacture of building materials 22,359 30,886 32,695 34,448 37,272  %13.6  %100.0

GCC building materials industry labour force distribution according to industrial activities

Labour distribution 2010 2011 2012 2013 2014 Average growth 5 years Percentage 2014 %
Manufacture of glass and glass products 13,449 15,406 16,288 16,335 18,627  %8.5  %7.2
Manufacture of ceramic products 17,125 17,735 17,758 17,970 18,629  %2.1  %7.2
Manufacture of cement, lime and plaster 21,282 25,304 24,619 24,079 25,681  %4.8  %9.9
Manufacture of concrete blocks, bricks and mosaic tiles 43,345 49,306 54,588 56,924 63,287  %9.9  %24.4
Manufacture of ready-mix concrete 51,323 54,587 63,501 70,982 78,771  %11.3  %30.4
Manufacture of plaster products  4,281 4,402 4,984 5,426 6,420  %10.7  %2.5
Manufacture of marble and granite 22,000 23,232 25,153 26,064 30,174  %8.2  %11.6
Manufacture of sand and gravel 10,411 10,751 11,746 11,902 12,840  %5.4  %4.9
Manufacture of other non-metallic mineral products 2,558 3,988 4,287 4,364 4,978  %18.1  %1.9
Manufacture of building materials 185,774 204,711 222,924 234,046 259,407  %8.7 100.0 %

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