Cement News tagged under: consumption

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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...

Outlook improving for Indonesia cement demand, clinker exports robust

25 April 2024, Published under Cement News

Cement sales in Indonesia amounted to 65.501Mt in 2023. This is an increase of 3.4 per cent YoY compared to the 63.346Mt reported in 2022. Regional sales were a mixed bag, with over a third recording sale contractions. Java, the country’s largest market, saw sales rise a modest 0.3 per cent YoY to 33.56Mt, while sales in the capital Jakarta rose 5.5 per cent YoY to 2.714Mt. Sales volumes were largest in Jabar, coming in at 10.695Mt, though this was down 1.3 per cent YoY from 2022. Sales a...

Swiss cement market contracts 8% in 1Q24

25 April 2024, Published under Cement News

Cement demand in Switzerland, including Liechtenstein, declined eight per cent to 786,433.2t in the first quarter of 2024 when compared with 855,143.7t in the 1Q23, according to the Swiss cement association, cemsuisse. While cement sales continue to fall due to uncertainty in terms of interest rates, energy prices and supply chains, the decline is slowing. Planned projects in civil engineering, which are expected to stabilise the market, remain positive. Low-carbon cement accounts for 96.5...

Moroccan cement deliveries fall 14% in March

22 April 2024, Published under Cement News

Cement deliveries in Morocco dropped 14 per cent YoY to 1,028,481t in March 2024, according to the country's cement association, APC. Sales by its members – Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim – were down from 1,195,305t in March 2023. Deliveries to the retail sector fell 20.7 per cent to 575,731t in March 2024 from 725,926t in March 2023. The ready-mix concrete segment reduced its off-take by three per cent YoY to 238,646t from 24...

Mexico's demand expected to cool down

22 April 2024, Published under Cement News

Cement demand in Mexico is forecast to cool down with the country's major cement producing expecting modest growth in 2024 following the completion of some of the government's key infrastructure projects and a reduction in the infrastructure budget. As a result, domestic cement producers are looking to Europe for alternative sales or prepare for expansion projects in Mexico. In 2023 construction activity in Mexico advanced by 15.6 per cent, largely driven by 78 per cent growth in civil wor...

Cement consumption in Ukraine increased 17% in 2023

19 April 2024, Published under Cement News

Cement consumption in Ukraine rose by 17 per cent last year, up 5.4Mt compared to 2022, says Pablo Kachur, head of the country's cement association, Ukrcement Association. “A similar jump is not predicted this year, but we will probably get 6Mt of domestic cement consumption,” said the representative. Ukraine’s peak pre-war consumption was 10.6Mt (2021), according to The Global Cement Report, 15th Edition . This figure fell to 4.5Mt, following Russia’s invasion of the country in 2022,...

Strong growth in Iran cement despite risks

10 April 2024, Published under Cement News

Iranian cement consumption rose 15.2 per cent YoY in February 2024 to 4.93Mt, up from 4.28Mt, according to the Iranian cement association. Producers manufactured 5.13Mt of cement and 5.04Mt of clinker in February, an increase of 11.8 and 18.9 per cent, respectively, when compared with February 2023. A total of 0.93Mt of cement and clinker was exported in February, with cement exports decreasing 11.1per cent YoY to 0.32Mt and clinker exports dropping 37.1 per cent YoY to 0.61Mt.   January-Fe...

Steppe Cement posts 24% drop in 1Q revenue

05 April 2024, Published under Cement News

Kazakhstan-based Steppe Cement reported revenue of KZT3.779bn (US$8.4m) in the first quarter of 2024, down 23.5 per cent from KZT4.938bn in the year-ago period. The company's market share in Kazakhstan contracted to 11.5 per cent in the 1Q24 from 12.7 per cent in the 1Q23. Steppe Cement sold 175,383t of cement, representing a 18.4 per cent drop when compared with the 1Q23 when sales volumes stood at 214,832t. The average price received by the cement producer fell 6.3 per cent to KZT21,545...

Exports driving Pakistan cement sales

04 April 2024, Published under Cement News

Total cement dispatches in Pakistan rose 3.9 per cent YoY to 3.941Mt in March 2024 from 3.795Mt a year earlier, according to the All Pakistan Cement Manufacturers Association. Local dispatches dipped 0.6 per cent YoY to 3.336Mt from 3.357Mt in March 2023, contained by extreme weather, including heavy snowfall in the north and flooding in the southern coastal city of Gwadar, as well as moderating but still high inflation, and the month-long holy month of Ramadan. Meanwhile, exports jumped a n...

Rebuilding boosted Turkey cement in 2023 and expected to be key driver in 2024

03 April 2024, Published under Cement News

Domestic cement sales in Turkey came in at 5.602Mt in December 2023, down 5.5 per cent MoM and 14.9 per cent YoY, according to Turkey’s cement manufacturers association, Türkçimento. Cement production fell 7.6 per cent MoM but rose 1.1 per cent YoY to 6.653Mt. Cement exports were up 5.5 per cent MoM but down 27.3 per cent YoY to 1.042Mt while clinker exports jumped 98.2 per cent MoM but were down 19.4 per cent YoY to 0.582Mt.    January-December 2023 Turkey’s cement industry reported a s...