According to the General Authority for Statistics, the average price of rebar in the Kingdom of Saudi Arabia decreased in May 2022 to 4278.38 riyals, down by 14 riyals compared to the price of April 2022, which amounted to 4292.81 riyals, and up by 927 riyals compared to May 2021, which amounted to 3351.19 riyals.
As for the average price of cement, it reached 13.74 riyals for a bag of 50 kg in May 2022 compared to 13.72 riyals for a bag in April 2022 and 13.96 riyals for a bag in May 2021.
Description | May 2022 | April 2022 | May 2021 |
Average rebar prices | 4278.38 riyals | 4292.81 riyals | 3351.19 riyals |
Average cement prices | 13.74 riyals | 13.72 riyals | 13.96 riyals |