International Cement Review articles tagged under : Market Reports

19 March 2020

US growth settles down

While the US economic cycle is expected to reach maturity in 2020-21, its construction market is forecast to remain relatively robust. As a result, the Portland Cement Association (PCA) forecasts modest growth for the cement sector in the medium term. By Ed Sullivan, PCA, USA. Figure 1: US economic growth, 2001-23 (Source: PCA) The United States economy and construction market are...

17 March 2020

Uzbekistan: time to celebrate?

Following a dramatic rise in construction activity, the Uzbek cement industry has seen local sales surge. To meet this increasing demand, existing producers are expanding their production facilities and the booming m...

04 March 2020

China’s cautious confidence

With most provinces reporting a growth in cement output, Chinese cement companies enjoyed a bountiful year in 2019, supported by stronger peak-season demand and stable, high prices. For 2020 industry sentiment is one...

17 February 2020

GCC: a return of fortunes?

The performance of the GCC cement sector improved significantly in 2019 when compared with the previous year as higher domestic consumption combined with increased export demand. For 2020, the outlook remains equally...

North Africa in focus 10 February 2020

North Africa in focus

North Africa is experiencing a turbulent political and economic period. Meanwhile the region seeks to increase the pace of development with cement consumption reaching 100Mt in 2018. Domestically, surplus capacity ha...

06 February 2020

State of the industry

World cement markets contracted in 2017-18 but picked up last year, according to The Global Cement Report™, 13th Edition. New capacity is seen pushing worldwide utilisation rates down, while cement and clinker trade ...

Argentina remains optimistic 17 December 2019

Argentina remains optimistic

Argentina is facing more economic woes as inflation, interest rates, unemployment and the poverty rate continue to climb. But given the pressing need for both housing and infrastructure, its cement producers continu...

09 December 2019

The port cost factor

Spanish state-owned company Puertos del Estado, which heads 28 port authorities and 46 commercial ports in the country, published a study in July 2019 comparing port costs in Spain and other Mediterranean countries f...

02 December 2019

Closing in on Canada’s carbon

Canada has a well-established cement market and is home to several leading multinationals who dominate the sector. The main concerns of the industry are becoming more focussed on stricter environmental compliance wit...

27 November 2019

Saudi Arabia set for recovery?

While the latest data of the Saudi cement market has provided some reassurance in terms of the sector’s recovery, the reality on the ground urges more caution going forward as spending on megaprojects is only gradual...

25 November 2019

Egypt: looking to the future

While the Egyptian cement market has contracted in the past three years and cement industry investment projects have led to overcapacity, forecasts indicate that demand growth is expected to resume in 2020. Meanwhile...

11 November 2019

India’s demand growth shifts gear

The April-June 2019 quarter saw India’s cement growth slow, putting the brakes on a long spell of double-digit advances. Higher cement prices and lower input costs have helped support producer profit margins, but wit...

09 October 2019

Turkey: rebalancing for growth

Following the recent decline in Turkey’s economic growth the domestic cement industry set about to improve its production efficiency and foster sustainable development in a sector that continues to expand as it looks...

02 October 2019

Germany: efficiency upgrades

Germany’s cement sector has become a world leader in alternative fuels and in recent years has seen some consolidation. While ball mill technology is still the dominant grinding technology, there is significant inves...

30 September 2019

Poland: leading Europe’s growth

Poland was one of the countries that did not experience an economic downturn during the global crisis of 2007 and central Europe’s largest economy has been on the rise ever since, supported by an expanding constructi...

23 September 2019

European construction: set for continued growth?

Following a buoyant 2017 and continued growth in 2018, the European construction market is expected to show modest growth this year. As a result, cement prices are expected to firm, easing the pressure on EBITDA marg...