Cement sales in Morocco showed a 6.3 per cent decline in 2013, reflecting a worsening market contraction. In 2012, sales fell by 1.6 per cent, according to the Association Professionnelle des Cimentiers (APC).
The latest figures, which show a 4.4 per cent decline in sales in December come after a November rebound in demand from a 18.63 per cent drop in October.
APC Managing Director, Ahmed Bouhaouli, attributes the fall to several reasons. The slowdown in the real estate market, which accounts for 75-80 per cent of cement demand is one such factor. However, for 2014, a more positive picture emerges, according to Mr Bouhaouli. A new middle-class housing programme is currently under negotiation between the government and developers.
Vietnam cement sales see modest growth in 2024
Total Vietnam cement sales, including domestic and export sales, amounted to 8.333Mt in December...