Cement News tagged under: Exports
Argentina's cement consumption declines 20% in January12 February 2024, Published under Cement NewsCement demand in Argentina saw a 19.9 per cent drop to 767,297t in January 2024 when compared with 958,230t in January 2023, according to the country's cement association, AFCP. Argentinian demand was entirely met by domestic production, which saw a 20 per cent decline to 772,874t in January 2024 from 965,633t in January 2023. Local producers also exported 6036t of cement, an 18.5 per cent decrease from 7404t in January 2023. |
Brazilian cement sales start 2024 with a 2% drop09 February 2024, Published under Cement NewsCement sales in the Brazilian market saw 2.1 per cent YoY drop to 4.766Mt in January 2024 when compared with 4.868Mt in January 2023, according to SNIC, the country's cement association. Exports were down 65.2 per cent YoY to 8000t from 23,000t in January 2023. The drop in domestic sales suggests that weak performance in 2023 is expected to persist in 2024. High interest rates and debt have impacted household spending, alongside a drop in income and purchasing power. The construction mark... |
Cement dispatches exhibit mixed trend during January 202407 February 2024, Published under Cement NewsPakistan's total cement dispatches declined by 14.8 per cent in January 2024 to 3.414Mt against 4.006Mt in January 2023. Out of this total, local cement deliveries decreased by 17.3 per cent to 2.967Mt compared to 3.588Mt in January 2023. However, exports increased by 6.8 per cent as the volumes increased from 418,067t in January 2023 to 446,595t in January 2024. A spokesman of the All Pakistan Cement Manufacturers Association (APCMA) informed the government about the serious implications... |
Bangladesh cement export turns in double-digit 7MFY23-2407 February 2024, Published under Cement NewsBangladesh has recorded a 59 per cent YoY expansion in cement export revenue to US$10.51m in the first seven months (July-January 2024) of FY23-24 from US$6.61m in the same seven months of the previous year, according to the Bangladesh Export Promotion Bureau (EPB). This figure includes minor amounts of salt, stone and related products. The 21.1 per cent YoY rise in cement exports also surpassed the target of US$8.68m for 7MFY23-24. Bangladesh had set a higher target export revenue of US$... |
Morocco: better times ahead?05 February 2024, Published under Cement NewsFollowing a challenging business environment in 2022, Moroccan cement producers can look forward to better times. However, overcapacity will see producers look beyond the country’s borders as they develop export markets to sell production surpluses. Economic growth is set to resume as Morocco recovers after the COVID-19 pandemic (© © J.K2507) Morocco’s economic growth fell by 7.2 per cent YoY in 2020 but recovered the following year, when GDP expanded by eight per cent. In 2022... |
Italian cement production expands 10% in November02 February 2024, Published under Cement NewsCement output in Italy increased by 10 per cent YoY in November 2023, according to the Italian concrete association, Federbeton. However, when compared with the 2015-baseline index of 100, output declined to 92. The country imported 191,707t of grey cement in October 2023, up 13 per cent YoY, with a total CIF value of EUR16.584m, or EUR87/t. Grey exports advanced by 22 per cent YoY in October 2023 to 143,105tt, with a total FOB value of EUR14.468m, or EUR101/t. Year-to-date 2023 In the ... |
Spanish cement demand falls 3% in 202331 January 2024, Published under Cement NewsCement consumption in Spain showed no growth in 2023, settling at 14.5Mt, representing a drop of three per cent YoY and five years of stagnation, according to the country’s cement association, Oficemen. With an installed capacity of approximately 47Mta, capacity utilisation rates are low and Oficemen President, Alan Svaiter, said that a country with the population and GDP of Spain should have a stable demand of around 20Mt. He called for greater implementation of public works, more promine... |
Cement dispatches show mixed trend in January26 January 2024, Published under Cement NewsThe All Pakistan Cement Manufacturers Associations (APCMA) is yet to issue January 2024 cement dispatches data about local consumption and export. However, Topline Pakistan Research has forecast that Pakistan total cement sales in January 2024 will decline by 14-18 per cent YoY and MoM to reach 3.4Mt. According to a report, local cement dispatches are likely to fall by 15-19 per cent YoY and MoM to total 2.9Mt, primarily due to a slowdown in construction activities due to higher cost of co... |
Vietnam cement sales contract 16% in 202324 January 2024, Published under Cement NewsCement sales in Vietnam declined by seven per cent to 5,295,422t in December 2023, reports the Vietnam National Cement Association (VNCA). Of this total, 1,567,174t of cement was sold by VICEM, which saw sales drop by 13 per cent YoY, while other VNCA members sold 988,248t, 17 per cent less than in December 2022. Non-affiliated cement companies saw their sales edge up by one per cent YoY as they dispatched 2.740,000t. Total exports in December 2023 declined by 16 per cent YoY to 2,571,584t... |
Pakistan's cement exports consistently increase23 January 2024, Published under Cement NewsPakistan's cement industry has registered significant growth in US-dollar revenue and volume growth for cement and clinker exports during the first six months of FY23-24 (July-December 2023), due to the continued good exchange rate of the Pakistani rupee against foreign currency and other factors. Pakistan's cement and clinker exports increased by around 58.8 per cent in the 6MFY23-24 to US$135.92m (3.503Mt), compared to US$85.61m (1.71Mt) in the 6MFY22-23, the Pakistan Bureau of Statis... |