Figures from the All Pakistan Cement Manufacturers Association showed that total cement dispatches for the first 10 months of the current fiscal were 26.64Mt, 3.31 per cent higher than the corresponding period of the last fiscal. While domestic sales during this period increased 8.51 per cent exports registered a decline of 8.91 per cen.
Exports from the south showed a steeper decline of 15 per cent YoY much of which is attributed to lower exports via sea, which can be explained by excess capacities in the GCC countries.
Afghanistan sales remained relatively stable (registering a nominal decline of 0.15 per cent to 3.78Mt). Exports to India advanced by 15.19 per cent to slightly over 0.5Mt and included exports by sea as well as through the Wagah border.