Gabon sees 6% market contraction

Cement sales in Gabon reached 245,530t, a drop of 5.5 per cent YoY by the end of September 2017. The volume represents a revenue of XAF18.18bn (US$34.4m), down 9.9 per cent, according to the Ministry of Economy and Fiscal Policy.

Output during this period stood at 250,058t, a decrease of 5.7 per cent following the stoppage of the Cimgabon plant and strong imports from China. However, the third quarter saw a robust increase in production when compared with the first half of the year after the government banned imports for two years in July 2017.