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Saudi Arabia Petrochemicals Report - Q2 2025
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Saudi Arabia's petrochemicals industry is going from strength to strength with growth in capacity and output volumes, as well as improved margins as feedstock price pressures subside. While lacklustre demand in Mainland China is a concern, Saudi production is sufficiently competitive to ensure growth and out-compete rivals, particularly in Europe. However, geopolitical risks are an enduring downside factor, while margins have been put under pressure by a decline in sales volumes and higher feedstock costs that producers are not able to fully pass on to consumers in an over-supplied market
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Fitch Solutions Country Industry Reports; London, (Second Quarter 2025).
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