International Cement Review articles tagged under : Market Reports
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 construction of a new capital city will bring renewed demand. By 2050 Indonesia’s population is forecast to reach 330m, with an urban population of 234m. In response to this rise in ...
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...
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 ...
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...
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...
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 ...
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...
Germany invests in green cement
The German cement industry’s attention is firmly fixed on energy efficiency, alternative fuels and lower CO 2 emissions. Renewable energy, digitalisation and carbon capture will be the next significant steps it take...
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...
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...