International Cement Review articles tagged under : Market Reports

11 May 2021

The pull towards Tanzania

Despite a slight contraction in 2020, Tanzania’s cement consumption is estimated to remain stable or increase going forward owing to promising market fundamentals. However, overcapacity remains an issue and producers are having to become innovative to retain market share and margins. A major new addition is also waiting in the wings. By Lisa Kimathi, Standard Investment Bank, Kenya. Inf...

20 April 2021

Malaysia: budget for the future

Malaysia’s cement market has seen consumption slow in recent years due to political uncertainty and a mature residential market. Although COVID-19 stifled output in the 1H20, a new government and the largest budget i...

06 April 2021

Russia on the rebound?

After returning to growth in 2019, Russian cement consumption stalled in 2020 due to the impact of the COVID-19 pandemic. Construction output stagnated during the year, but government programmes are expected to stimu...

23 March 2021

Central Asia market dynamics

The central Asian cement markets of the Kyrgyz Republic and Uzbekistan held firm in 2020 despite disruptions caused by the COVID-19 pandemic. GS-Expert discusses the dynamics of both markets, including production lev...

Kazakhstan’s way ahead 09 March 2021

Kazakhstan’s way ahead

Kazakhstan’s cement industry has come a long way with the modernisation of existing and construction of new cement plants. Effective government support measures and housing construction helped cement output reach a r...

08 March 2021

China: pandemic to peak carbon

China’s forthcoming 14th Five-Year Plan commits the country to ‘peak carbon’, but what consequences will this have for the world’s largest cement producer? Previous restructuring efforts have transformed the industry...

Building on diversification 08 March 2021

Building on diversification

Kuwait has seen its economy heavily impacted by the crisis in oil prices, a lack of diversity and the COVID-19 pandemic. A lack of investment in infrastructure has further seen demand fall for the cement sector, whic...

08 March 2021

Nigeria: search for new markets

While Nigerian cement volumes rose sharply in the 3Q20 amid the COVID-19 pandemic, there is limited room for strong volume and price growth. For the oligopolistic domestic cement industry, competitive pressures are a...

08 March 2021

Great expectations?

While the start of 2020 saw optimism, COVID-19 quickly altered the view of even the most ardent optimist. As cement demand tumbled with construction sites going silent so did the sector’s initial confidence. However,...

03 December 2020

Philippines: poised to rebound?

Having being one of southeast Asia’s strongest performers in recent years, the Philippines construction and cement industries have been hit by the impact of COVID-19 during the 1H20. However, the easing of restrictio...

17 November 2020

Saudi: a belief in brighter days

Some of the shine has been taken off Saudi Arabia’s cement market as a result of the COVID-19 pandemic and lower oil prices. However, the sector remains relatively healthy and the housing market is expected to contin...

03 November 2020

India: beyond the headwinds

India has become the second-worst affected country by the COVID-19 health crisis. Consequently, construction activity has taken a hit and cement demand saw a dramatic collapse in the April-June 2020 quarter. As the ...

19 October 2020

Côte d’Ivoire: year of uncertainty

With COVID-19 affecting economic activity throughout sub-Saharan Africa, the cement market in Côte d’Ivoire faces a particularly uncertain year as presidential elections and a political crisis add further factors of ...

05 October 2020

Germany: leading the recovery

The German cement sector has fared better than most during the pandemic. Cement demand is forecast to remain stable this year, with a more cautious outlook for 2021. Meanwhile, producers are embracing the latest tech...

23 September 2020

Turkey: looking to the future

Following two consecutive years of cement market contraction, Turkey began 2020 on a more hopeful note with first-quarter production, demand and exports ahead. However, the COVID-19 pandemic has provided a setback th...

22 September 2020

Creating France’s post-COVID-19 landscape

While the coronavirus pandemic has affected France’s construction sector, going forward there are new opportunities for domestic cement producers as they support a shift in focus, creating a different landscape to ad...