Pakistan’s cement exports have witnessed a strong and healthy growth of 112 per cent to an all-time high level of 3.188Mt during fiscal 2006-07.
"Regional cement shortages played a key role in achieving the landmark cement export milestone during the last fiscal year, while enhanced production of the local cement factories is another prominent reason behind this huge increase of 112 per cent in exports," they added.
They said that during the last fiscal year, strong export demand from the Gulf region had pushed the companies to utilise their maximum capacity. Statistics by the All Pakistan Cement Manufacturers Association (APCMA) show that cement exports registered an increase of 1,683,265t during the last fiscal (July-June) and it has touched a new mark of 3,188,424 tonnes against 15,050,159t exports of the same period of the 2005-06 fiscal.
Overall cement sales increased 31.56 per cent to all time high level of 2,422,2702t during the last fiscal year as compared to 18,412,297t during the 2005-06 fiscal year, depicting a raise of 5,810,405t during July-April of current fiscal.