Revenue of Saudi Basic Industries 2010-2022

Published by
Amna Puri-Mirza,
Sep 6, 2023
In 2022, Saudi Basic Industries Corporation (SABIC) had generated around 52.92 billion U.S. dollars of revenue, indicating a slight decrease from the previous year.

SABIC overview

Saudi Basic Industries Corporation is one of the largest diversified chemical companies worldwide. It is headquartered in Riyadh, Saudi Arabia. SABIC is the largest public company in that country which contributes the most to the country’s GDP by producing the highest revenue, when compared to the worldwide chemical industries. Moreover, it had reported a brand value of around four billion U.S. dollars in 2020, while employing more than 30 thousand people.

Chemical industry in Saudi Arabia

It was forecasted that the chemical industry in Saudi Arabia will generate a revenue of 45 billion U.S. dollars by manufacturing chemicals and chemical products in that country. Although the production capacity of petrochemicals worldwide was nearly two billion metric tons in 2020, SABIC had produced around 37 million metric tons of chemicals from 2019 to 2020.

Revenue of Saudi Basic Industries Corporation (SABIC) from 2010 to 2022 (in billion U.S. dollars)

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Release date

March 2023

Region

Worldwide

Survey time period

2010 to 2022

Supplementary notes

* Figure for 2015 given in the report as 39.5 billion U.S. dollars.
All figures prior to 2015 are based on the exchange rate (Saudi Riyal to U.S. dollars) as of December 31 of each respective year.
Figures from 2010-2020 were taken from previous SABIC reports.

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