Pakistan seven-month cement exports volumes and revenues decline

Pakistan cement export volumes reached 393,391t on revenues of US$21.1m in January 2016, down 9.52 and 7.8 per cent, respectively compared to the previous month. On an annual comparative basis, the there was a 15.28 per cent decline in volume terms and a 19.14 per cent fall in revenue.

During the first seven months of the current fiscal, cumulative exports reached 3.496Mt (US$191.55m) versus 5.045Mt at US$294.71m. This also translates to a YoY fall of 30.69 and 35 per cent in terms of quantity and value over 7MFY15, respectively.

Export to Afghanistan fell by 15.58 per cent to 1.483Mt during 7MFY15-16. Exports to India, however, showed marginal growth of 7.57 per cent to 419,639t. Exports to Pakistan's other markets saw a fall of over 38 per cent.