Cement News tagged under: Exports
Brazilian market sees 11% contraction in April17 May 2023, Published under Cement NewsCement sales in Brazil declined 11.4 per cent YoY to 4.577Mt in April 2023 from 5.164Mt, according to the Brazilian cement association, SNIC. The association attributed the market contraction to rising unemployment, a slow recovery of wages and high interest rates (currently at 13.75 per cent), which all led to a drop in building material sales and a fall in real estate launches and financing. “The results point to a worrying performance of the cement industry in view of the discussions on... |
Iranian cement market expands 3% in March17 May 2023, Published under Cement NewsCement sales in Iran reached 5.87Mt in March 2023, up 2.6 per cent when compared with March 2022, when 5.71Mt were sold, according to the Iranian Cement Association. There were no reports of imports and domestic cement production stood at 6.28Mt in March 2023, representing a 10.8 per cent YoY advance. Clinker production decreased by 2.8 per cent YoY from 6.33Mt to 6.15Mt in March 2023. In terms of exports, 0.72Mt of clinker and 0.37Mt of cement were shipped overseas. In March 2022 clinker... |
A score of cement companies mixed financial results in 9MFY22-2315 May 2023, Published under Cement NewsSeveral of Pakistan’s cement firms have presented their financial result for the 3QFY22-23 and 9MFY22-23 in April/May 2023. During the accounting period of nine months, they reported mixed results due to a rise in the cost of sales, distribution and finance charges, etc. High inflation and political unrest also dented sales and profits. In the 9MFY22-23 Flying Cement Co Ltd reported a decrease in profit after tax (PAT) to PKR226m (US$0.79m) from PKR766m earned in the corresponding pe... |
Argentina’s market contracts 1% in April10 May 2023, Published under Cement NewsCement sales in Argentina fell by one per cent to 1,028,656t in April 2023 from 1,039,320t in April 2022, according to the country’s cement association, AFCP. All cement was supplied by domestic plants. Output by the country’s cement plants slipped 1.3 per cent YoY to 1,035,525t in April 2023 from 1,049,302t. Of this total, 6870t was exported, down 31.2 per cent from 9982t in April 2022. January-April 2023 For the first four months of 2023 cement consumption in the South American count... |
Bangladesh: building the future08 May 2023, Published under Cement NewsBangladesh’s economy remained resilient and continued its strong post-pandemic resurgence in 2022, but the medium-term outlook is uncertain due to global challenges. With the government investing in infrastructure projects, EBL Securities looks at the prospects for the industry as the country looks to build a stronger future. By EBL Securities Ltd, Bangladesh. The long-term demand outlook for the Bangladeshi cement industry remains positive with higher single- to double-digit growt... |
Italian cement production up 3% in February05 May 2023, Published under Cement NewsCement production in Italy increased by three per cent YoY in February 2023, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index production the value advanced from 66 in January to 87 in February 2023. Cement prices in February 2023 remained stable MoM at 212 when compared with the base year of 2015 (=100). Federbeton reported a 35 per cent increase when compared with February 2022. External trade Grey cement imports in January 2023 advance... |
Bangladesh cement exports show an upward trend in 10MF22-2305 May 2023, Published under Cement NewsBangladesh has reported 38 per cent YoY growth in cement export revenue to US$10.72m in the 10MFY22-23 (July 2022-April 2023). This compares to US$7.77m in the same period a year earlier. The value of the target set for this period also saw a healthier growth of 19.5 per cent. According to the Bangladesh Export Promotion Bureau (EPB), this figure includes minor amounts of salt, stone and related products. Most of the cement exports were shipped to neighbouring countries. For the f... |
April's local cement dispatches fall, but exports rise05 May 2023, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA) has warned about the fall of cement dispatches to local and overseas markets during April and 10MFY22-23 (July 2022-April 2023), which was due to a seasonal break in construction activities in the holy month of Ramadan and inflation pressure on buying power of consumers. In addition, APCMA said that the current economic turmoil has badly impacted cement consumption. Therefore, total cement dispatches declined by 16.6 per cent to 2.951... |
Pakistan's cement industry saw a mixed export revenue trend in 9MFY22-23 and March25 April 2023, Published under Cement NewsPakistan's cement industry saw a negative trend in export revenue on the back of a range of factors, including a slowdown in economic activity in Pakistan and overseas. According to the country’s Federal Bureau of Statistics (FBS), in the 9MFY22-23 the cement industry earned US$135.439m by exporting 2.91Mt of cement and clinker, compared with US$199.372m from 5.23Mt exports in the 9MFY21-22. This shows that exports slid by 32.1 per cent in value, and volumes were down by 44.4 per cent. In lo... |
Spanish cement demand up 24% in March25 April 2023, Published under Cement NewsCement consumption in Spain increased 23.5 per cent YoY to 1.4Mt in March 2023, according to Oficemen. The significant market growth in the third month was attributed to the low base noted in March 2022 a transport strike impacted cement deliveries. In terms of external trade, exports increased 1.7 per cent YoY to 506,610t in March 2023 from 498,329t. Imports fell by 75.5 per cent YoY to 44,864t. January-March 2023 The latest monthly advance in cement consumption has resulted in total c... |