Cement News tagged under: Consumption
Cement consumption in Ukraine increased 17% in 202319 April 2024, Published under Cement NewsCement consumption in Ukraine rose by 17 per cent last year, up 5.4Mt compared to 2022, says Pablo Kachur, head of the country's cement association, Ukrcement Association. “A similar jump is not predicted this year, but we will probably get 6Mt of domestic cement consumption,” said the representative. Ukraine’s peak pre-war consumption was 10.6Mt (2021), according to The Global Cement Report, 15th Edition . This figure fell to 4.5Mt, following Russia’s invasion of the country in 2022,... |
Strong growth in Iran cement despite risks10 April 2024, Published under Cement NewsIranian cement consumption rose 15.2 per cent YoY in February 2024 to 4.93Mt, up from 4.28Mt, according to the Iranian cement association. Producers manufactured 5.13Mt of cement and 5.04Mt of clinker in February, an increase of 11.8 and 18.9 per cent, respectively, when compared with February 2023. A total of 0.93Mt of cement and clinker was exported in February, with cement exports decreasing 11.1per cent YoY to 0.32Mt and clinker exports dropping 37.1 per cent YoY to 0.61Mt. January-Fe... |
Steppe Cement posts 24% drop in 1Q revenue05 April 2024, Published under Cement NewsKazakhstan-based Steppe Cement reported revenue of KZT3.779bn (US$8.4m) in the first quarter of 2024, down 23.5 per cent from KZT4.938bn in the year-ago period. The company's market share in Kazakhstan contracted to 11.5 per cent in the 1Q24 from 12.7 per cent in the 1Q23. Steppe Cement sold 175,383t of cement, representing a 18.4 per cent drop when compared with the 1Q23 when sales volumes stood at 214,832t. The average price received by the cement producer fell 6.3 per cent to KZT21,545... |
Exports driving Pakistan cement sales04 April 2024, Published under Cement NewsTotal cement dispatches in Pakistan rose 3.9 per cent YoY to 3.941Mt in March 2024 from 3.795Mt a year earlier, according to the All Pakistan Cement Manufacturers Association. Local dispatches dipped 0.6 per cent YoY to 3.336Mt from 3.357Mt in March 2023, contained by extreme weather, including heavy snowfall in the north and flooding in the southern coastal city of Gwadar, as well as moderating but still high inflation, and the month-long holy month of Ramadan. Meanwhile, exports jumped a n... |
Rebuilding boosted Turkey cement in 2023 and expected to be key driver in 202403 April 2024, Published under Cement NewsDomestic cement sales in Turkey came in at 5.602Mt in December 2023, down 5.5 per cent MoM and 14.9 per cent YoY, according to Turkey’s cement manufacturers association, Türkçimento. Cement production fell 7.6 per cent MoM but rose 1.1 per cent YoY to 6.653Mt. Cement exports were up 5.5 per cent MoM but down 27.3 per cent YoY to 1.042Mt while clinker exports jumped 98.2 per cent MoM but were down 19.4 per cent YoY to 0.582Mt. January-December 2023 Turkey’s cement industry reported a s... |
Rebound expected in Thailand after lacklustre 202303 April 2024, Published under Cement NewsThai domestic cement sales, excluding clinker, came in at 3.74Mt in December 2023, up 28.1 per cent MoM and 25.5 per cent YoY, according to Thailand’s Office of Industrial Economics (OIE). For 2023 as a whole, domestic cement sales amounted 38.12Mt, down 1.4 per cent YoY from 38.65Mt a year earlier. “Sales volume shrank due to the rising cost of living. As a result, consumers' purchasing power decreased”, according to OIE. Cement production excluding clinker rose a modest 0.1 per cent Yo... |
Vietnam clinker exports rebound strongly, but domestic weaknesses remain27 March 2024, Published under Cement NewsCement sales in Vietnam dropped sharply in February 2024, contracting 46 per cent MoM to 2,221,315t, according to the Vietnam National Cement Association (VNCA). Sales also reported a sharp 45 per cent contraction compared to a year earlier. Of the total, VICEM companies saw sales down 41 per cent MoM and 43 per cent lower YoY, to 700,572t. Other VNCA-affiliated companies report contractions of 42 per cent MoM and 48 per cent YoY, to 460,743t. Non-VNCA members reported sales of 1,060,000t, d... |
Peru's cement market contracts 2% in February21 March 2024, Published under Cement NewsPeruvian cement dispatches slipped by two per cent YoY to 0.89Mt in February 2024 when compared with the previous year’s equivalent period, said the country’s cement association, ASOCEM. Of this total, the association’s members supplied 0.815Mt, down from 0.856Mt in February 2023. Cement production in Peru fell five per cent YoY to 0.818Mt in February 2023 while clinker output was down 17 per cent YoY to 0.633Mt in the same period. Domestic production was supplemented by 4000t of cement,... |
Spanish cement demand falls 1.5% in February18 March 2024, Published under Cement NewsCement consumption in Spain fell 1.5 per cent in February, compared to the same month in the previous year. According to Oficemen, demand in February stood at 1,157,811t, marking a 17,769t contraction versus February 2023. This marks the ninth month in a row that cement demand in Spain has declined. The cumulative figure for the year to date sees consumption down 2.4 per cent YoY, or 53,852t, at 2,187,069t. The last 12 months (March 2023-February) saw consumption come in at 14,447,056t... |
Southern African transitions18 March 2024, Published under Cement NewsThe cement markets of southern Africa have been gradually transitioning into more competitive areas with new investments. ICR reviews the young markets of Angola and Zambia as well as the more established market of South Africa. While expansion projects are at a low due to overcapacity, market entrants see an industry in transition as domestic producers adapt to a new landscape (© Dangote Cement) While Angola, South Africa and Zambia all witnessed a post-pandemic economic r... |