Cement News tagged under: exports
Pakistan's bagged cement export revenue reaches US$266.51m in FY23-2425 July 2024, Published under Cement NewsPakistan’s cement and clinker exports increased by 40.4 per cent to US$266.51m in the FY23-24 (July 2023-June 2024), from US$189.87m in the FY22-23, according to Pakistan Bureau of Statistics (PBS) data. In Pakistani rupee terms, export revenue saw a significant growth of 57.8 per cent to PKR75.46bn during the period, sustained by the local currency’s stable competitive rates against the US dollar, improving margin in the international market against a lull in domestic demand. Export volumes... |
Nepal’s cement and clinker export triple to NPR3.85bn24 July 2024, Published under Cement NewsCement and clinker exports from Nepal tripled to NPR3.85bn (US$28.7m) in FY23-24 when compared with exports in the previous year. According to Department of Customs data export earnings from cement were NPR1.97bn and those from clinker were NPR1.88bn. The surge has been attributed to the introduction of an eight per cent cash incentive on the export of mine-based products by the government. The Nepal Trade Integration Strategy (NTIS) 2023 identified cement as one of the potential export... |
Peru’s cement market contracts 6% in June22 July 2024, Published under Cement NewsCement dispatches in Peru declined by 5.9 per cent YoY to 0.924Mt in June 2024 from 0.928Mt in June 2023, according to ASOCEM, the Peruvian cement association. Of this total, dispatches by ASOCEM members were down 8.8 per cent to 0.842Mt in June 2024 from 0.923Mt in June 2023. Output from domestic cement plants declined 6.1 per cent YoY to 0.884Mt in June 2024 from 0.941Mt. Clinker production fell 15.5 per cent to 0.686Mt from 0.812Mt over the same period. In terms of external trade, Per... |
Indonesian sales slip in June but see growth in 1H2419 July 2024, Published under Cement NewsThe latest data from BPS-Statistics, Indonesia's official statistics office, shows a decline in the country's cement demand, which is likely to be a small seasonal correction. Regionally the results are mixed and for the year to date there remains a slight increase in cement consumption. Cement sales in Indonesia amounted to 5.353Mt in June 2024. This is a decrease of 1.2 per cent YoY compared to the 5.418Mt reported a year earlier. Local dispatches in Bali-Nusa Tenggara during June rose 4.... |
Iran cement growing robustly despite a plethora of concerns18 July 2024, Published under Cement NewsIranian cement sales slipped in June versus the previous month to come in at 5.353Mt, down from 5.568Mt in May but were up a notable 24 per cent YoY from 4.78Mt in June 2023, according to the Iranian cement association. Producers manufactured 6.123Mt of cement and 6.76Mt of clinker, decreases of 3.4 per cent YoY and one per cent YoY, respectively, when compared with June 2023. A total of 1.013Mt of cement and clinker were exported in June, a decrease of 11.1 per cent YoY, with cement exp... |
Pakistan cement to see modest growth on higher exports in FY24-2518 July 2024, Published under Cement NewsResearch house AKD Research has projected that Pakistan’s cement dispatches will grow at 2.4 per cent YoY, primarily due to increased exports between June 2024 and July 2025. This follows a two per cent expansion in FY23-24, driven by higher export volumes, while domestic sales fell to a seven-year low. Despite introducing an increase in federal excise duty (FED) on cement in the FY24-25 budget, AKD Research reassures that the industry has successfully passed on this increase to customers... |
Brazilian cement market expands 2% in June11 July 2024, Published under Cement NewsCement sales in Brazil increased by 2.4 per cent to 5.372Mt in June 2024 from 5.248Mt in June 2023, according to the country's cement association, SNIC. Per working day, cement dispatches were up 4.6 per cent YoY to 238,800t. The increase follows a first semester affected by high interest rates and family debt as well as extreme weather events, including drought in the central-west and northern regions and intense rains in the south of Brazil. Construction confidence remained stable in Ju... |
Iranian cement rebounds in May11 July 2024, Published under Cement NewsIranian cement sales rebounded in May to come in at 6.240Mt, up from 4.051Mt a month earlier and up 7.2 per cent YoY from 5.820Mt in May 2023, according to the Iranian cement association. Producers manufactured 6.575Mt of cement and 7.634Mt of clinker, increases of 3.2 per cent YoY and 4.6 per cent YoY respectively, when compared with May 2023. A total of 1.177Mt of cement and clinker were exported in May, a decrease of 3.1 per cent YoY, with cement exports increasing 23.4per cent YoY to... |
Continuing domestic weakness weighing on Pakistan cement05 July 2024, Published under Cement NewsTotal cement dispatches in Pakistan dropped 12.6 per cent YoY to 3.552Mt in June 2024 from 4.063Mt a year earlier, according to the All Pakistan Cement Manufacturers Association (APCMA). Local dispatches contracted 11.9 per cent YoY to 3.079Mt from 3.487Mt in June 2023. Exports also fell in June, declining 17.9 per cent YoY to 472,865t down from 576,309t a year earlier. North-south dispatches Dispatches from cement plants in the north of Pakistan shrank 7.7 per cent YoY to 2.723Mt in J... |
Italy cement output cools in April04 July 2024, Published under Cement NewsItalian cement output has cooled in recent months. Output shrank two per cent YoY in April, adding to the 11 per cent YoY contraction reported in March, according to the latest data from Italian concrete association, Federbeton. This follows four consecutive months of expansion. In year-to-date terms, cement output rose one per cent YoY in the January-April period. Strong local government and infrastructure spending will underpin cement demand in 2024. Import and export data, which l... |