International Cement Review articles tagged under : Market Reports

18 October 2021

Turkey maintains its pace

The Turkish cement sector has experienced a challenging year on a number of levels. However, despite an increase in costs, the industry has managed to keep up the pace in terms of its contribution to the economy. Meanwhile, cement plant investments continue to support the EU’s climate and environmental policies, and the sector’s carbon roadmap is soon to be presented to the country. By TÜRKÇİM...

04 October 2021

Germany: decarbonising the industry in a stable market

While the outlook for the German cement sector is expected to stay positive, all forces are now focussed towards achieving climate targets. With 2050 still far in the future, the industry is building on introducing c...

27 September 2021

Europe: invest, divest, assess

ICR looks at how economies have fared across western, central and eastern Europe over 2020-21, and what action Europe’s leading cement producers are taking to not only recover from the pandemic but also prepare for t...

21 September 2021

Pakistan’s promising prospects

Pakistan’s cement sector performed very well in the FY21, supported by government policies to assist construction activity in the wake of the COVID-19 crisis. Going forward local demand is expected to remain robust, ...

Poland: a pause on growth 13 September 2021

Poland: a pause on growth

The Polish cement market was only moderately affected by COVID-19 in 2020, but as the pandemic played out, the impact was felt most deeply in the 1Q21. An expected rebound in the latter half of 2021 is unlikely to ma...

08 September 2021

India’s recovery derailed?

India’s 550Mta cement sector had hardly emerged from the impact of the first wave of COVID-19 when a second, more devastating wave dented future growth prospects. Initial estimates have projected a double-digit advan...

CO2: risk and opportunity for the global cement industry 07 September 2021

CO2: risk and opportunity for the global cement industry

Cement is at the forefront of the fight against climate change. Rather than succumb to the doom-mongers, we see this as a golden opportunity for the industry to embrace the decarbonisation challenge, contribute to so...

19 August 2021

Peruvian cement prospects

Peru’s domestic cement market has been showing signs of recovery since the onset of COVID-19 and the local cement sector played an important role in helping to cushion the effects of the pandemic. The country’s cemen...

02 August 2021

Brazil: striking the right balance

The Brazilian cement industry has contributed greatly to the country’s development, providing high-quality products in line with demanding sustainability requirements. As the industry adjusts to the impact of COVID-1...

20 July 2021

South Korea’s shift to neutral

The rapid capacity build-up of South Korea’s cement industry over the 1980s-1990s came to a sudden end in 1997. Since then the sector has shifted its investment focus to the sustainable production of cement, supporte...

05 July 2021

Can Mexico’s fiesta continue?

Despite initial concerns that Mexican cement demand would see a sharp contraction in 2020 due to the COVID-19 pandemic, domestic consumption held up better than expected through the year. The early signs for 2021 are...

22 June 2021

Vietnam’s export boost

Vietnam’s total cement and clinker sales expanded by 0.9 per cent YoY in 2020 to 97.5Mt, according to FiinGroup. Of this total, domestic cement consumption was 62.1Mt, declining by 5.6 per cent YoY. Meanwhile, clink...

21 June 2021

Indonesia’s face of recovery

COVID-19 restrictions disturbed the Indonesian cement market last year, with demand and utilisation levels falling as the country continues to exhibit a significant capacity overhang. LEK Consulting provides a summar...

15 June 2021

India: further challenges ahead

India’s cement demand declined by less than initially anticipated in 2020 and producer profitability was supported by a better-than-expected economic recovery, stable cement prices and greater cost efficiencies. Howe...

01 June 2021

Morocco’s market dynamic

Pending the real estate sector recovery, cement demand in Morocco will be driven in the coming years by both major infrastructure projects and the emergence of the southern regions which are evolving into becoming to...

25 May 2021

Florida: bolder, brighter, better

Like all US states, Florida has been badly hit by the COVID-19 pandemic with tourist numbers plummeting as borders shut and lockdown measures were imposed. But pent-up demand in the housing market, strong infrastruct...