Cement News tagged under: exports

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Pakistan's exports continue to rise MoM

26 June 2017, Published under Cement News

Pakistan cement exporters earned revenues of US$14.86m on exports of 282,304t cement in May, 2017, compared to US$13.49m on 255,778t of exports in the previous month, reports Pakistan's Federal Bureau of Statistics. These figures represent a MoM increase in dollar value and volumes of 10.2 and 10.4 per cent, respectively. However, when compared with May 2016 (521,220t with a value of US$26.9m), the export value slipped by 44.7 per cent and the quantity was down by 45.8 per cent, accordi...

Taiwan plans to lower cement cap on exports

21 June 2017, Published under Cement News

The government of Taiwan plans to lower the cap on Taiwan's cement exports from over 20 per cent of total output to 15 per cent to help protect the environment, Vice Minister of Economic Affairs Yang Wei-fuu  has said. In response to concerns that the pursuit of aggressive cement export growth has come at the expense of environment, Yang said the ministry is devising an environmental impact assessment (EIA) policy for the development of the cement industry. The policy is scheduled to be co...

Double-digit decline in Pakistan cement exports over 11FY17

20 June 2017, Published under Cement News

Pakistan cement exports during the first 11 months (July 2016 to May 2017) of the current fiscal declined by 21.27 per cent to 4.319Mt versus 5.486Mt a year earlier, according to latest data from the All Pakistan Cement Manufacturers Association (APCMA). Exports to Afghanistan decreased from 0.206Mt in May 2016 to 0.097Mt in May 2017, representing a decline of 53.03 per cent. Exports to India also fell from 0.135Mt in May 2016 to 0.114Mt in May 2017, down 15.22 per cent YoY. The APCMA e...

Vietnam Jan-May sales up 6%

07 June 2017, Published under Cement News

Vietnam sold 33.27Mt of cement in the first five months of this year, an increase of six per cent YoY, fulfilling 41.58 per cent of the whole-year target, the country's Ministry of Construction said. The volume included 24.76Mt of domestic sales, up one per cent YoY, and 8.5Mt of exports, the ministry added. However, local cement producers have encountered difficulties in promoting exports of their clinker and cement due to export duties. These have directly affected domestic cement p...

Pakistan: growth in local cement consumption unabated

05 June 2017, Published under Cement News

Pakistan's cement industry dispatches to domestic markets during May 2017 stood at 3.399Mt compared to 3.065Mt during same month last year. The home market shows a healthy increase of 10.90 per cent on YoY basis. However, exports during May 2017 were 0.309Mt, against 0.558Mt during May 2016, showing a reduction of 44.58 per cent. Total dispatches (local and export) during May 2017 were 3.708Mt, compared to 3.623Mt during same month last year, showing an increase of 2.36 per cent. On cu...

Pakistan cement sector prospects

02 June 2017, Published under Cement News

Pakistan's construction industry is thriving and is expected to continue doing so in the foreseeable future. However, to maintain healthy capacity utilisation rates, increased exports are needed. The acceleration in construction sector activity and the government's infrastructure and housing initiatives has seen cement consumption increasing by 17.6 per cent in 2016 to reach 34.7Mt. Growth in the cement sector has been underpinned by robust domestic demand, which has enabled local...

Pakistan Economic Survey forecasts growth in cement industry

26 May 2017, Published under Cement News

The performance of the Pakistan cement industry has been remained encouraging and recorded good growth in the fiscal year to-date. Going forward, the prospects continue to be bright, according to the recently-released Pakistan Economic Survey 2016-17, as the government identifies locations for future investment in the cement sector. The new survey, published yesterday, shows that growth in the cement sector has been underpinned by robust domestic demand, which has enabled local producers ...

Pakistan cement exports continue to disappoint

25 May 2017, Published under Cement News

Pakistan exported 225,778t cement in April on revenues of US$13.49m, down 25.28 and 18.54 per cent, respectively compared to the previous month. Compared to April 2016, export volumes were down by 49.65 per cent from 507,958t and revenues fell by 49.65 per cent (US$26.31m) a year earlier, data from Pakistan's Federal Bureau of Statistics shows. In the first 10 months of FY16-17, the country exported 3.9Mt of cement at a total value of US$205m, considerably lower than the 5.06Mt at US$274.3...

Spain's cement market contracts 2.3%

23 May 2017, Published under Cement News

Cement demand in Spain fell 2.3 per cent YoY to 917,152t in April, according to data by Oficemen, the country’s cement association. Exports decreased by 5.5 per cent YoY, just surpassing the 0.76Mt mark. In the first four months of the year, domestic consumption increased 9.6 per cent when compared with 4M16, reaching 3,786,705t. However, exports declined 8.6 per cent to 2,855,090t. "The fall in consumption has been motivated, in part, by the calendar effect, since this year in April ...

Pakistan cement sector hopes for relief measures under Budget FY18

23 May 2017, Published under Cement News

Pakistan cement producers are hoping that Budget FY17-18, due to be presented by the country’s Minister of Finance on Friday, will include relief measures to protect the local industry from the alleged smuggling of cement from Iran, help arrest the decline in exports and reduce the cost of doing business. The All Pakistan Cement Manufacturers Association (APCMA) has urged the government to increase the duty on imported clinker from 10 to 20 per cent to support local manufacturers. I...