Cement News tagged under: exports
Can Mexico’s fiesta continue?05 July 2021, Published under Cement NewsDespite initial concerns that Mexican cement demand would see a sharp contraction in 2020 due to the COVID-19 pandemic, domestic consumption held up better than expected through the year. The early signs for 2021 are encouraging but, with a rollercoaster of expectations ahead, Credit Suisse asks how long can Mexico’s fiesta last? By Vanessa Quiroga, Credit Suisse, Mexico. Going forward, the picture for Mexican cement demand, exports and utilisation levels is promising. The outlook ... |
Indonesian cement exports see 119% YoY rise in 5M2101 July 2021, Published under Cement NewsWhile cement exports from Indonesia decreased from 1.2Mt in March and April to 1Mt in May, the January-May 2021 volume saw a 119 per cent YoY rise to 5.69Mt, according to the Indonesian Cement Association (ASI). Around half of exports were shipped to Bangladesh while China accounted for an offtake of 740,531t, or 13 per cent, in the first five months of 2021. Taiwan, the Philippines and Australia each had a share of eight per cent of the total export volume. Sri Lanka has a three per ... |
Vietnam’s export boost22 June 2021, Published under Cement NewsVietnam’s total cement and clinker sales expanded by 0.9 per cent YoY in 2020 to 97.5Mt, according to FiinGroup. Of this total, domestic cement consumption was 62.1Mt, declining by 5.6 per cent YoY. Meanwhile, clinker and, in particular, cement exports remained strong, surging by 14.9 per cent compared to a year earlier. Both the positive long-term outlook for Vietnam’s cement market as well as the ability to export to overseas destinations bode well for domestic cement ma... |
Cement sales in Dominican Republic decline 5% in 202022 June 2021, Published under Cement NewsCement sales in the Dominican Republic fell by five per cent to 4,446,706t in 2020 from 4,703,347t in 2019, according to the country’s cement association, Adocem, in its newly-published 2020 annual report. Cement production declined 8.4 per cent to 5,168,969t in 2020 from 5,644,176t in the previous year. This represents a capacity utilisation rate of 74.6 per cent, down from 81.5 per cent in 2019. Of the country’s total output, 11.8 per cent was exported. While the country was impacted b... |
Pakistan registers higher 11MFY21 export and 10MFY21 production21 June 2021, Published under Cement NewsThe Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-May 2021 (11 months) and July 2020-April 2021 (10 months) periods, respectively. Both segments of cement post rising trends in export and local production. Export values and volumes increased during the 11MFY20-21 period, but the average export price remained weaker, reflecting a poor price market for cement and clinker. AHL Research reports that exports were climbing durin... |
Peru’s cement demand sees 228% hike in May18 June 2021, Published under Cement NewsPeruvian cement producers dispatched 1.062Mt of cement in May 2021, representing a 228 per cent increase YoY from a low base due to the COVID-19 pandemic. When compared with May 2019 there was a 14 per cent advance. Asocem members dispatched 0.98Mt of cement in May 2021, up 283 per cent YoY and up by 15 per cent when compared with May 2019. Cement production surged 228 per cent YoY to 1.062Mt in May 2021 from a low base of 0.324Mt in May 2020. Asocem members produced 1.01Mt of cement in Ma... |
Spain’s cement market expands 17% in May17 June 2021, Published under Cement NewsSpanish cement consumption increased 16.9 per cent to 1,333,508t in May 2021, according to Oficemen. However, the cement association points out that the rise is from a low base when compared with May 2020, due to the country’s lockdown due to COVID-19. Likewise, the market expanded by 21.3 per cent YoY to 5,921,135t in the first five months of 2021. “The sector has not yet recovered its pre-pandemic levels, since if we compare the monthly and accumulated figures for the year with the equi... |
Argos cement exports to the USA grow by 419%17 June 2021, Published under Cement NewsFor Argos, the Grupo Argos cement company, exports have been a key element in the process towards recuperation after the effects generated by COVID-19 and, in the first five months of the year, the cement company's exports to the USA grew by 419 per cent, from 26,000t to 135,000t. In the particular case of the USA, there has been a rebound in the demand for cement and it is estimated that this industry will grow by 2.2 per cent in 2021. It should be noted that the company has a competi... |
Iranian cement market expands 28% MoM in May16 June 2021, Published under Cement NewsIranian cement consumption in May 2021 reached 5.78Mt. This represents a 28.4 per cent MoM increase from 4.5Mt in April 2021. In addition to domestic deliveries, producers exported 0.34Mt of cement, down 26.1 per cent MoM, and 0.79Mt of clinker, up 3.9 per cent MoM. The country’s cement plants produced 6.1Mt of cement in May 2021, a 21 per cent increase when compared with April 2021, when cement output stood at 5.04Mt. Clinker production declined 4.6 per cent in May 2021 to 6.68Mt from 7M... |
Vietnam market expands 16% in April14 June 2021, Published under Cement NewsCement dispatches in Vietnam reached 6.551Mt in April 2021, up 16 per cent YoY, according to the Vietnam Cement Association (VNCA). VICEM reported a 17 per cent YoY rise in sales to 2.26Mt while its affiliated companies saw a six per cent YoY uptick to 1.661Mt. Other Vietnamese producers supplied 2.63Mt, up 22 per cent when compared with April 2020. Exports advanced 79 per cent YoY to 4.323Mt in April 2021. Of this total 2.826Mt was clinker, which saw a 17 per cent YoY hike, and 1.498Mt wa... |