Cement News tagged under: Consumption

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Puerto Rican cement sales return to growth in April

22 May 2024, Published under Cement News

In April 2024 cement sales in Puerto Rico increased by 7.5 per cent YoY to 1.277m bags of 42.5kg, or 55,430t, according to data from the Statistics Institute. In March cement sales fell 17.1 per cent YoY to 51,722t, following a 7.8 per cent YoY decline in February, when sales fell to 47,880t. Domestic cement output in April 2024 expanded by 21.2 per cent YoY to 769,000 bags or 32,787kg – the first increase in six months. In March production dropped by 30.5 per cent YoY to 27,447t, following...

Argentine cement market contracts 31% in 4M24

21 May 2024, Published under Cement News

Cement demand in Argentina fell to 661,122t in April, representing a YoY drop of 35.7 per cent from 1,028,598t in April 2023 but up 4.2 per cent MoM from 634,342t in March 2024, according to the country’s cement association, AFCP. Domestic production saw a 35.6 per cent fall to 666,7791t in April 2024 from 1,035,525t in April 2023 but a 4.4 per cent increase MoM from 638,824t in March 2024. Argentine producers exported 5910t of cement in April 2024, down 14.7 per cent from 6927t in April...

Improvement in construction and real estate underpins rise in Kenyan cement demand

21 May 2024, Published under Cement News

A steady advance in building and construction sector credit supported the expansion of the cement industry in the third quarter of 2023, according to the Kenya Bankers Association-Housing Price Index data. Cement production increased 7.2 per cent YoY to 2,541,763t from 2,370,246t in the 2Q23. In addition, improvement in credit to the real estate sector also underpinned market expansion with cement consumption increasing to 2,430,488t in the 3Q24. “Credit growth in the building and constru...

Morocco’s cement deliveries advance 21% in April

16 May 2024, Published under Cement News

Cement deliveries in Morocco by APC members – Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim – increased by 21.1 per cent YoY to867,743t in April 2024 from 716,483t in April 2023. Of this total, 55,861t was supplied in April 2024 to the infrastructure sector, up 60.2 per cent YoY as the government continues to invest in the country’s infrastructure. In April 2023 deliveries to the infrastructure segment reached 34,869t. In addition, 526,429t ...

Colombian market contracts 19% in March

16 May 2024, Published under Cement News

Cement dispatches in Colombia fell 19.1 per cent YoY to 0.941Mt in March 2024 from 1.163Mt in March 2023, according to the nation’s statistics office, DANE. Bagged cement sales decreased by 20.2 per cent YoY while bulk cement sales were down 16.8 per cent YoY in March 2024. The retail sector saw the largest contraction by 9.1 per YoY, followed by the construction companies and contractors segment (-4.2 per cent) and ready-mix concrete companies (-3.9 per cent). Other markets saw sales slip ...

Weak first quarter for Spanish cement

02 May 2024, Published under Cement News

Cement consumption in Spain dropped a notable 23.6 per cent YoY in March 2024, to 1.102Mt, down from 1.144Mt in March 2023, according to the Spanish cement association, Infocemento. Infocemento notes two downward drags on the sector during the month: “On the one hand, the calendar effect, having more festive holidays than previous years due to the celebration of Holy Week in March instead of April; and on the other, the rain effect, since last month's precipitation doubled the usual, with Ma...

Portuguese cement consumption up 13% YoY in February

02 May 2024, Published under Cement News

Cement consumption in Portugal in February 2024 advanced by 13.4 per cent, compared to the same period a year earlier, according to the Association of Civil Construction and Public Works Industries (AICCOPN). Consumption for the month came in at 646,000t. In the opening two months of 2024, the number of licences issued for new construction or rehabilitation works of residential buildings in Portugal declined 0.9 per cent, compared to the same period a year earlier, reports The Portugal Ne...

Vietnam exporters looking further afield

01 May 2024, Published under Cement News

Cement sales in Vietnam continue to struggle versus their year-ago levels. Sales were down 17 per cent YoY to 5.113Mt in March 2024, from 6.161Mt a year earlier, according to the Vietnam National Cement Association (VNCA). However, they did show a strong uptick from February, rising 130 per cent MoM. Of the total, VICEM companies saw sales down 23 per cent YoY to 1.625Mt. Other VNCA-affiliated companies report contractions of 12 per cent YoY to 1.077Mt. Non-VNCA members reported sales of 2.4...

Difficult start to 2024 for US cement market

26 April 2024, Published under Cement News

Total shipments of Portland and blended cement, including imports, in the US and Puerto Rico amounted to 5.886Mt in the first month of 2024, down 14.3 per cent YoY from the 6.872Mt recorded in January 2023, according to the US Geological Survey (USGS). Of the total blended volume reported, 2.745Mt, or 98 per cent, was estimated to be Portland limestone cement. The key destination for Portland cement shipments was California after a jump of 23.9 per cent YoY to 592,269t. Followed by Tex...

Indian cement demand to grow by 6-7% in FY24-25

26 April 2024, Published under Cement News

Indian cement volume growth recovered to a healthy 7-8 per cent YoY in the last quarter (1 January 2024-31 March 2024) of FY23-24, on aggressive volume push, after growing ~15 per cent YoY in the first half of the year and logging a moderate slowdown in the third quarter due to regional hindrances, according to CRISIL MI&A Research. This ensured a third straight year of healthy demand growth at ~11 per cent to ~441Mt. On this high base, CRISIL expects cement demand growth in India to cool t...