International Cement Review articles tagged under : Market Reports
East African prospects
The east African cement markets of Uganda, Rwanda, Malawi and Burundi have continued to experience rising levels of cement consumption over recent years with investments in infrastructure and affordable housing. However, the COVID-19 crisis is likely to take its toll on cement consumption growth in 2020. Uganda has both one of the largest economies and cement industries in East Africa, ...
Southeast Asia’s capacity conundrum
Southeast Asia’s vibrant cement industry faces a serious but not insurmountable challenge from the current COVID-19 pandemic. In the long-run, structural overcapacity will be the key force of change, as it exerts pre...
Malaysia – finding its resolve
Within southeast Asia, Malaysia represents one of the largest consumers of cement per capita. The lacklustre demand trends seen in the past 4-5 years were forecast to ameliorate in 2020 due to an influx of government...
Impact of COVID-19 on global cement markets
Over the course of just a few months the impact of the COVID-19 pandemic has changed the global cement market landscape completely and, as the situation continues to unfold, visibility is low. Within the context of t...
Colombia: market in transition
Following a poor performance in recent years, the Colombian cement sector seems to be on the cusp of a new era. Although the impact of the coronavirus pandemic is yet to be understood, a steady pipeline of constructi...
Business as unusual
The global coronavirus pandemic has presented the cement and other economic sectors with considerable challenges. Benjamin Sporton, CEO of the Global Cement and Concrete Association (GCCA), shares his thoughts. By Be...
Nordic cement’s green shoots
The Nordic cement industry is a relatively small player in Europe. Still, its plants are some of the most advanced in the world and are pioneering projects for alternative fuels and carbon capture and storage. The re...
Russia picks up the pace
Following a stagnation of the Russian cement market in recent years, domestic cement producers are expected to see moderate growth in demand in 2020. However, as the government ramps up its national construction proj...
Betting on better times
Deeply hurt by the Great Recession once high-flying California, Arizona and Nevada cement markets are still cruising at relatively-low altitudes. Can these Southwest US cement markets return to past vitality and even...
US growth settles down
While the US economic cycle is expected to reach maturity in 2020-21, its construction market is forecast to remain relatively robust. As a result, the Portland Cement Association (PCA) forecasts modest growth for th...
China: outward bound
China’s Belt and Road Initiative (BRI) is now an integral part of the country’s overseas expansion policy. Since its inception in 2013, the BRI has been one of the essential vehicles driving the global spread of Chin...
US growth settles down
While the US economic cycle is expected to reach maturity in 2020-21, its construction market is forecast to remain relatively robust. As a result, the Portland Cement Association (PCA) forecasts modest growth for th...
Uzbekistan: time to celebrate?
Following a dramatic rise in construction activity, the Uzbek cement industry has seen local sales surge. To meet this increasing demand, existing producers are expanding their production facilities and the booming m...
China’s cautious confidence
With most provinces reporting a growth in cement output, Chinese cement companies enjoyed a bountiful year in 2019, supported by stronger peak-season demand and stable, high prices. For 2020 industry sentiment is one...
GCC: a return of fortunes?
The performance of the GCC cement sector improved significantly in 2019 when compared with the previous year as higher domestic consumption combined with increased export demand. For 2020, the outlook remains equally...
North Africa in focus
North Africa is experiencing a turbulent political and economic period. Meanwhile the region seeks to increase the pace of development with cement consumption reaching 100Mt in 2018. Domestically, surplus capacity ha...