International Cement Review articles tagged under : Market Reports

30 May 2023

India: looking for the next leap

India’s cement sector continued on the right track in 2022 as growth has begun to reset to a more realistic level. The government’s infrastructure push and a continued focus on affordable housing ahead of next year’s general election are proving key demand drivers and will likely to lead to further, more sustainable gains in consumption going forward. Increased industry confidence, a hi...

22 May 2023

Mediterranean trading patterns

The past year has seen the emergence of new trading trends in the Euro-Med region  with rising energy costs, an increase in exports from non-European countries and growing demand for supplementary cementitious materi...

09 May 2023

Bangladesh: building the future

Bangladesh’s economy remained resilient and continued its strong post-pandemic resurgence in 2022, but the medium-term outlook is uncertain due to global challenges. With the government investing in infrastructure pr...

24 April 2023

WSC cement set for growth?

The cement markets of Texas, Louisiana, Oklahoma and Arkansas – collectively known as West South Central (WSC) – recovered in 2022 after the COVID-19 pandemic. However, the region saw a surge in imports while lower-c...

Czech action on climate change 11 April 2023

Czech action on climate change

Cement consumption in the Czech Republic remained resilient during the pandemic. However, economic headwinds and a slowdown in construction activity are likely to impact demand in the near-term. For local cement prod...

21 March 2023

Update on Uzbekistan

Cement producers in Uzbekistan have been benefitting from government measures to provide a conducive development environment for the building materials sector. Cement demand has grown rapidly, leading to new plant st...

Taiwan's sustainability strides 06 March 2023

Taiwan's sustainability strides

Supported by a well-developed economy and good infrastructure, Taiwan's cement market has reached a relatively mature stage. As domestic producers face headwinds including overcapacity, rising cement imports and high...

14 February 2023

Algeria eyes improved exports

A general election in 2023 has encouraged the Algerian government to push through reforms against the tide of rising inflation and cost of living crisis. Public revenues are stretched following the COVID-19 pandemic ...

13 February 2023

GCC cement: set for a revival?

With oil prices expected to remain elevated, GCC governments are easing their budgets and restarting construction projects. For cement producers this is good news and the sector prepares for its revival as demand for...

30 January 2023

Indonesia: capital growth

Indonesia’s cement sector has shown extraordinary resilience despite ongoing COVID-19 restrictions with consumption recovering. As domestic producers grapple with soaring energy prices and overcapacity, the construct...

16 January 2023

Poland looks toward 2023

The unfavourable economic situation in Poland has been impacting the domestic cement industry, with a gradual improvement only expected from the 2H23. Following significant investments to modernise its production bas...

23 December 2022

Nigeria: challenges abound

Despite the economy being challenged by the COVID-19 pandemic, Nigerian cement demand remained robust in 2020 and 2021. While the country’s longer-term potential remains intact, pressure is building in the short- to ...

12 December 2022

Infrastructure: the shining light in Colombia’s cement market

The infrastructure sector has played a key part in the prosperity of Colombia’s construction and cement industries. Going forward, analysts forecast a modest market expansion. By Bancolombia, Colombia, and ICR Resear...

28 November 2022

India: shifting gears

After nearly a decade of subdued growth, India’s cement industry is heading towards better days ahead. A quicker-than-expected recovery in demand following the COVID-19 pandemic has put the cement sector on a high gr...

07 November 2022

Scandinavia’s CO2 conundrum

The Scandinavian countries of Denmark, Norway and Sweden are home to ~7.3Mta of cement production capacity. This is at odds with government plans to quicken the pace of decarbonisation in a bloc that already has one ...

24 October 2022

Turkish ambitions

After a challenging 2021, the Turkish cement sector is preparing for more hopeful times ahead with domestic sales expected to be supported by new investments from the 2H22. There are also a number of priorities for t...