Cement News tagged under: SNIC
August sales remain stable in Brazil14 September 2022, Published under Cement NewsDomestic cement sales in Brazil edged up 0.1 per cent to 5.866Mt in August 2022 from 5.858Mt in August 2021, according to the country’s cement association, SNIC. The association attributes the limited growth in cement sales to an unstable economic scenario, marked by high interest rates, high indebtedness and the low income of Brazilians. Sales in the southeastern market, the largest in the country, declined by two per cent to 2.654Mt in August 2022 when compared with August 2021, when 2.70... |
Brazil's cement sales decline by 7% in July22 August 2022, Published under Cement NewsCement sales in Brazil fell by 6.6 per cent YoY to 5.51Mt in July 2022 from 5.899Mt in July 2021, according to the Brazilian cement association, SNIC. However, when considering dispatch per working day, the decrease is only 2.6 per cent YoY. Exports saw a 33.3 per cent drop to 28,000t in July 2022 from 42,000t in July 2021. January-July 2022 In the first seven months of 2022, domestic dispatches were down to 3.3 per cent to 36.094Mt from 37.334Mt in the 7M21. In addition, cement producer... |
Cement sales in Brazil decline 5% in June13 July 2022, Published under Cement NewsSales of cement in Brazil saw a five per cent drop to 5.184Mt in June 2022 when compared with June 2021, according to the latest data by the Brazilian cement association, SNIC. The association attributes the drop to the uncertainty surrounding the Russia-Ukraine war impacting energy supplies. The price of petcoke increased 73.5 per cent in the last 12 months. In Brazil, electricity, freight, sacks, plaster and refractories saw strong price increases. “Household indebtedness remains high¹... |
Brazilian cement dispatches slip in May09 June 2022, Published under Cement NewsCement sales by Brazil’s cement producers slipped by 0.8 per cent to 5.487Mt in May 2022 when compared with 5.529Mt in May 2021, according to SNIC, the Brazilian cement association. Sales have been affected by record-high household indebtedness and reduced household income. The rising interest rate is at 12.75 per cent, making the financing of housing expensive. Political and economic uncertainty are resulting in cautious consumer confidence. Moreover, inflation runs into double-digit figu... |
Brazilian cement sales down 3% in April11 May 2022, Published under Cement NewsCement sales in Brazil slipped 2.8 per cent in April 2022 to 5.138Mt from 5.288Mt in April 2021, according to the national cement association, SNIC. The association attributed the drop in sales to geopolitical instability as well as internal factors such as record household debt, high interest rates and the highest inflation recorded in 27 years. However, there are positive trends to be seen. Brazil’s unemployment rate is stabilising at 11 per cent, according to IBGE, Brazil’s statistics... |
Brazil cement sales stable in March12 April 2022, Published under Cement NewsCement sales in Brazil remained stable at 5.5Mt in March 2022 when compared with March 2021, according to the country’s cement association, SNIC. When compared with February 2022, sales increased 14.6 per cent. "Sales in January this year were 8.2 per cent below January of last year. With the rains, it was not possible to distribute anything. Since then, we are recovering, month by month, the cement sales volume", says Paulo Camillo Penna, SNIC president. Sales were also impacted by the ris... |
February sales in Brazil increase 1%10 March 2022, Published under Cement NewsCement sales in Brazil edged up 1.2 per cent YoY to 4.726Mt in February 2022 from 4.672Mt in February 2021, according to the country’s cement association, SNIC. Sales were supported by more favourable prospects in the labour market, the continuity of the income transfer programme Auxílio Brasil and a considerable fall in COVID-19 cases. Exports increased 58 per cent in February 2022 to reach 48,000t when compared with 28,000t of cement exported in the year-ago period. January-February 20... |
Brazilian cement market contracts 9% in January17 February 2022, Published under Cement NewsTotal cement sales in Brazil (including exports) declined by 8.6 per cent YoY to 4.6Mt in January 2022, according the country’s cement association, SNIC. When compared with December 2021, sales were down 3.7 per cent. In terms of sales per working day, sales fell 10.8 per cent YoY and 3.9 per cent MoM to 197,400t. SNIC attributed the fall to the worsening of the country’s economic situation and health issues (the new COVID-19 variant Omicron and influenza). The rise in inflation and intere... |
Brazil's cement market expands 6% in 202117 January 2022, Published under Cement NewsBrazilian cement sales totalled 4.8Mt in 2021, representing a 1.6 per cent increase YoY, according to SNIC, the national cement association. As a result, the industry closes 2021 with full-year domestic sales of 64.3Mt, up 6.4 per cent YoY. In addition, exports advanced 6.9 per cent to 31,000t in December 2021, resulting in a 52.4 per cent hike in full-year volumes to 416,000t. The continuity of construction and renovation through self-construction, real estate works and an incipient res... |
Brazilian sales advance 2% in November13 December 2021, Published under Cement NewsCement sales in Brazil edged up 2.3 per cent to 5.359Mt in November, according to the country’s cement association, SNIC. The latest data follow a continued growth trend but with decelerating magnitude as the market stabilises and the effect of the low base due to COVID-19 wanes. In April growth reached 20.8 per cent. In addition, exports declined 46.8 per cent to 5384t in November 2021 from 5288t in November 2020. In the January-November period, domestic sales were up 6.8 per cent YoY to... |