International Cement Review articles tagged under : Market Reports
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 of the tunnel as cement prices begin to rise, post-pandemic demand picks up, and balance sheets return to better health. By ICR Research, UK. Egypt’s capital, Cairo, is exp...
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...
South Korea’s green goals
South Korea’s cement consumption advanced further in 2021, but challenges, including bituminous coal supply issues, have hampered the industry’s ability to increase production. Meanwhile, improving the sustainability...
Developing central Asia
The central Asian cement markets of Kazakhstan and Uzbekistan are among the most active accumulators of greenfield plants and expansion projects. Construction and infrastructure projects are on a huge scale and oppor...
Public spending to drive US cement growth
Following a turbulent start to the decade, PCA looks ahead to what the US cement sector can expect in terms of economic revival and the factors determining a possible upswing in cement demand in the 2022-24 period. B...
Southwestern US cement
While the Southwestern US cement markets of California, Arizona and Nevada were immune to the COVID-19 pandemic, subsequent broken supply chains, rising inflation and climate change may still considerably affect thei...
Spain's hopes for the future
Spain’s cement industry saw a more positive 2021 than initially expected as domestic demand took a jump of 11 per cent YoY to support the country’s recovery to pre-pandemic levels. Aniceto Zaragoza, general manager o...
China at a crossroads
China’s cement industry stands at a crossroads as the country embarks on its 14th Five-Year Plan (2021-25) and the country confirms its goal for peak carbon by 2030 and carbon neutrality by 2060. Restructuring effort...
Ukraine: times of uncertainty
Ukraine’s cement industry has been seeing off anti-dumping imports from surrounding countries while encouraging a revival in domestic and export cement capacity. However, Russia’s military invasion in February 2022 h...
Japan: securing sustainability
Japan’s cement industry is expected to have advanced modestly in FY21, and while significant declines are unlikely going forward, growth potential is lacking. Therefore, the sector is looking to secure sustainability...
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 ...
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...