Cement News tagged under: cement consumption
Moroccan cement market contracts 4% in 201811 January 2019, Published under Cement NewsDemand for cement in Morocco has fallen 3.7 per cent YoY in 2018 to 13.287Mt, from 13.791Mt in 2017, according to data from the Ministry of Housing and Urbanism. In December 2018 the domestic market expanded by 8.2 per cent to 1,217,378t from 1,125,388t in December 2017. The growth in demand during the last month of the year represents a recovery from the 16.6 per cent YoY drop reported in November, when 1,062,727t of cement was sold in the domestic market. In October 2018, Moroccan produ... |
Indian cement consumption to rise by 7-8 per cent in FY19-2010 January 2019, Published under Cement NewsRating agency ICRA forecasts that domestic cement demand in India will grow seven per cent YoY in FY19 and by around eight per cent in FY20, driven mainly by rural and affordable housing projects as well as larger infrastructure projects for roads, irrigation and metro development. The agency estimates a cement supply rise of approximately 15-18Mta in FY19-20. "The domestic cement capacity utilisation is expected to remain moderate at around 70 per cent in FY20 despite an estimated demand... |
Panama cement market forecast to contract by 13%26 November 2018, Published under Cement NewsCement consumption in Panama is expected to fall by 13 per cent this year due to the economic slowdown, the strike by the trade union of construction workers, Suntracs, and a decline in construction permits. "We are seeing a 13 per cent drop this year and we perceive that next year will not be a good year either," explained José Luis González Habas, Cemex's planning director. In previous years, cement demand in Panama was close to 2Mta, peaking during the expansion of the Panama Canal but... |
PCA forecasts falling US cement consumption growth rate16 November 2018, Published under Cement NewsThe Portland Cement Association (PCA) Market Intelligence Group forecast for cement consumption over the next two years in the USA predicts a falling growth rate. Growth is expected to decelerate from 2.9 per cent this year to 2.6 per cent next year and further to 1.6 per cent in 2020. "We are expecting relatively modest but sustained interest rate increases after 10 years of low and stable rates," said PCA Senior Vice President and Chief Economist, Ed Sullivan. "The Federal Reserve’s acti... |
Brazil cement sales drop 2% in August12 September 2018, Published under Cement NewsDomestic cement sales in Brazil fell 2.4 per cent YoY to 4.9Mt in August 2018, according to the country’s cement association, SNIC. In the first eight months of 2018, accumulated sales slipped 1.7 per cent YoY to 34.89Mt while in the year ending in August 2018 they were down 2.6 per cent to 52.7 per cent when compared with the equivalent period in the previous year. For 2018, SNIC maintains its forecast of a decrease in sales of between 1-2 per cent. This would mark the fourth-consecutive... |
Puerto Rican cement sales up 23% in August12 September 2018, Published under Cement NewsCement sales in Puerto Rico increased 23 per cent YoY to 1.26m bags of 42.5kg (approx 53.55t) in August 2018. It is the eight-consecutive month of growth in cement sales after five years of decreasing sales in the country. In 2017 sales fell 11.2 per cent YoY. Output advanced 10.6 per cent to 1.09m in August. In the year prior, cement production fell by 14.2 per cent YoY. |
German cement consumption rises to 28.8Mt in 201728 August 2018, Published under Cement NewsGermany consumed approximately 28.8Mt of cement in 2017, roughly 4.8 per cent more than in 2016, according to VDZ. However, much less growth is expected in 2018. VDZ President Christian Knell explains the rise in cement consumption in Germany as follows: "Since 2015 there has been an upward trend on the German cement market thanks to the positive developments in the building construction and civil engineering sectors." In 2017, over 1.3Mt more of cement was used than in the year before. "... |
Brazil cement sales fall 3% YoY in July13 August 2018, Published under Cement NewsDomestic cement sales in Brazil slipped 2.5 per cent to 4.589Mt in July when compared with the year-ago period when sales reached 4.709Mt, according to the country’s cement association, SNIC. Exports increased by a third to 8000t from 6000t in July 2017. In the first seven months of 2018, cement sales fell 1.7 per cent to 29.969Mt from 30.48Mt in the 7M17. Apparent consumption, which includes imports, decreased 2.1 per cent YoY to 30.1Mt. Exports from Brazil during the January-July 201... |
Cement consumption in The Netherlands to hit 5Mt mark in 201801 August 2018, Published under Cement NewsCement demand in The Netherlands is expected to rise from just under 4.5Mt in 2017 to 5Mt in 2018, according to the Cement and Beton Centrum. Some 50-55 per cent of cement is used by the concrete industry to supply to construction sites while 35-40 per cent of total cement sales are to the concrete products sector. |
Cement consumption in Kenya falls to 2.3Mt Jan-May 201820 July 2018, Published under Cement NewsCement consumption in Kenya in the first five months of 2018 dipped to 2.3Mt compared to 2.5Mt in the same period in 2017 reports the Kenya National Bureau of Statistics (KNBS). "The deceleration was reflected in the decline in consumption of cement from 1.5Mt in the first quarter of 2017 to 1.4Mt in the quarter under review," said KNBS in its quarterly gross domestic product report for the 1Q18. KNBS noted that the decline in consumption was also occasioned by notable decreases in the ... |