International Cement Review articles tagged under : Market Reports
Upbeat times for GCC cement?
Underpinned by high oil prices, cement demand in the Gulf Cooperation Council (GCC) countries looks set for better times. However, cement capacities in the member countries remain ahead of market requirements and it remains to be seen how much profit can be clawed back by the region’s cement producers after the COVID-19 pandemic affected demand. By Hettish Karmani, Ubhar Capital SAOC, Oman. ...
South Africa’s long walk to recovery
While 2021 saw some pick-up in South Africa’s cement market, analysts do not expect a full recovery before mid-2024. By Industry Insight, South Africa. As the COVID-19 mutation Omicron sweeps through the count...
Mediterranean trading trends
Cement producers bordering the Mediterranean have seen a shift in trading trends over recent years due to a number of influencing factors. In this report, DGS Consultants explains how cement and clinker trade for the...
Russia gets recovery rolling
As Russia’s economy returns to growth and the domestic construction sector saw a revival in 2021, the country’s cement industry looks set to prosper. Will cement producers be able to capitalise on these positive tren...
India is looking at recovery
India’s higher cement demand and production growth rates appear to be decelerating as the effects of a low comparison base began to wane towards the end of the 2QFY21-22. On the cost-front, headwinds continue to impa...
Uncertain times
ICR reflects on the rollercoaster of 2020 and 2021 in terms of COVID-19 and its impact on global cement production, consumption and trade. It also looks ahead to 2022 and beyond as cement manufacturers juggle ongoing...
Nigeria’s hamstrung potential
Rapid cement capacity build-up over the last two decades and further new additions on the way mean that by next year, Nigeria will have the second-largest installed capacity in Africa. However, while the country’s lo...
UK: Build, Build, Build
Backed by extensive infrastructure investment, the UK construction industry has made an impressive recovery from the pandemic. But all is not plain sailing as labour and material shortages continue to delay projects ...
Middle East: diversification is key
Following years of conflict, the potential for cement demand in the Middle East is huge. Add to this the drive by governments to develop and expand various industries to reduce their reliance on oil and gas revenues....
India’s cautious outlook
A contracted comparison base has helped push the Indian cement sector to a double-digit growth trajectory in 2021. However, there are a number of one-time factors that should be taken into account and further challen...
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. Mea...
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...
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...
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
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...
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...