International Cement Review articles tagged under : Market Reports
Spain's road to net zero
The Spanish cement industry saw domestic demand pick up in 2021 after the COVID-19 pandemic considerably impacted on the sector. However, its safety net of exports continues to face the twin challenges of high energy costs and imports from countries where carbon legislation is less strict as it accelerates on its road to net zero. By OFICEMEN, Spain. The Spanish cement industry plans to...
Peru's road to recovery
Peru’s cement market started its path to recovery after the COVID-19 pandemic saw demand plummet in April 2020 and then expand beyond pre-pandemic levels in 2021. For 2022-23 cement producers are quietly confident wh...
Pakistan's cement prospects
Over the course of the 9MFY21-22 Pakistani producer profitablity has been supported by price retention and local demand, but falling exports and rising commodity prices are a cause for concern. Moreover, a slowdown i...
Brazil: sustainable growth
Following a challenging year in 2020 due to the COVID-19 pandemic, Brazil’s cement industry enjoyed better times in 2021. However, uncertainty on several levels has led to growth stalling at the start of 2022 as ceme...
Ethiopia – today and tomorrow
Ethiopian cement demand has been relatively stagnant in recent years as the industry has faced challenges including low purchasing power and production constraints. Increased consumption during the pandemic years has...
Egypt: glimmer of hope
Plagued by oversupply, soaring energy prices and a lack of competitiveness overseas, 2021 was a challenging year for the Egyptian cement sector. However, following government intervention, there is a light at the end...
India on the recovery path
India’s cement industry made a strong comeback in 2021 as the economy started showing a visible post-COVID-19 recovery. The sector posted steep YoY growth of 21 per cent – a level not seen in recent decades – pushing...
Indonesia: turning a corner
For several years, Indonesia’s cement industry has experienced stagnant domestic demand, overcapacity and pricing pressure – problems that have been exacerbated by COVID-19. However, while uncertainty remains, govern...
South Korea’s green goals
South Korea’s cement consumption advanced further in 2021, but challenges, including bituminous coal supply issues, have hampered the industry’s ability to increase production. Meanwhile, improving the sustainability...
Developing central Asia
The central Asian cement markets of Kazakhstan and Uzbekistan are among the most active accumulators of greenfield plants and expansion projects. Construction and infrastructure projects are on a huge scale and oppor...
Public spending to drive US cement growth
Following a turbulent start to the decade, PCA looks ahead to what the US cement sector can expect in terms of economic revival and the factors determining a possible upswing in cement demand in the 2022-24 period. B...
Southwestern US cement
While the Southwestern US cement markets of California, Arizona and Nevada were immune to the COVID-19 pandemic, subsequent broken supply chains, rising inflation and climate change may still considerably affect thei...
Spain's hopes for the future
Spain’s cement industry saw a more positive 2021 than initially expected as domestic demand took a jump of 11 per cent YoY to support the country’s recovery to pre-pandemic levels. Aniceto Zaragoza, general manager o...
China at a crossroads
China’s cement industry stands at a crossroads as the country embarks on its 14th Five-Year Plan (2021-25) and the country confirms its goal for peak carbon by 2030 and carbon neutrality by 2060. Restructuring effort...
Ukraine: times of uncertainty
Ukraine’s cement industry has been seeing off anti-dumping imports from surrounding countries while encouraging a revival in domestic and export cement capacity. However, Russia’s military invasion in February 2022 h...
Japan: securing sustainability
Japan’s cement industry is expected to have advanced modestly in FY21, and while significant declines are unlikely going forward, growth potential is lacking. Therefore, the sector is looking to secure sustainability...