Cement News tagged under: Exports
Pakistan’s cement industry exports exhibit mixed trends21 February 2024, Published under Cement NewsPakistan’s cement industry has registered significant growth in the first seven months of FY23-24 (July 2023-January 2024) due to the continued good exchange rate of the Pakistani rupee against foreign currency and other factors. AKD Research believes that the recent decline in international coal prices, dropping to US$92/t following reduced winter demand from Europe, presents a favourable development for the cement industry for local and exports. Pakistan’s cement and clinker exports inc... |
Peruvian market expands 9% in January19 February 2024, Published under Cement NewsCement dispatches in Peru increased nine per cent to 1.016Mt in January 2024 when compared with 0.928Mt in January 2023, according to the Peruvian cement association, ASOCEM. Of this total, 0.938Mt was supplied by ASOCEM members. Cement production slipped one per cent YoY to 0.924Mt in January 2024 from 0.931Mt. Clinker production was down 12 per cent YoY to 0.857Mt in January from 0.969Mt. Cement exports fell by 31 per cent YoY to 10,000t in January 2024 from 15,000t while clinker expor... |
Saudi cement exports down 18% YoY in January15 February 2024, Published under Cement NewsSaudi Arabia reported a 17.8 per cent YoY decline in its cement exports in January 2024 with volumes falling from 638,000t in January 2023 to 524,000t in the same period a year later. According to Aljazira Capital, domestic sales in January this year came in at 4.48Mt, compared to 4.28Mt in the same period a year earlier, marking a 4.7 per cent improvement. The Saudi cement sector’s total utilisation rate stood at 63.8 per cent in January 2024, reports Zawya. Meanwhile, clinker inventori... |
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... |