Cyprus cement sales fall 25.8% in 2009

Cyprus cement sales fall 25.8% in 2009
19 January 2010

Cement sales in Cyprus fell 25.8% in 2009, according to the latest figures from the Statistical Service.

Total sales locally reached 1.44Mt, down from 1.94Mt in 2008, reflecting the downturn in the construction sector.

Bulk sales of Portland composite were down 21.4% to 709,960t, while sales of ordinary Portland cement were down 34.9% to 378,043t.

Production of cement saw a similar fall, dropping by 22.6% to 1.48Mt.

One bright spot was that from zero in 2008, there was a small amount of exports in 2009, reaching 52,789t. Published under Cement News