International Cement Review articles tagged under : Market Reports
Foundations for the future
While cement demand declined in Turkey in 2022, the country’s cement producers expect to supply the domestic market with significant volumes in 2023 as Turkey rebuilds after the devastating earthquake of early 2023. The industry itself continues to improve its carbon emissions through the use of alternative energy sources. By TÜRKÇIMENTO, Turkey As Turkey rebuilds its housing after the ...
Turkey’s low-carbon contributions
The past few years have seen changing trends in the Turkish cement sector. As the country looks to the road ahead, Volkan Bozay, CEO of Turkish cement manufacturers association TürkÇimento, discusses the cement indu...
Spain’s expectations
While 2022 proved to be a year of atypical and complex developments, Spanish cement association OFICEMEN sees upside potential for the domestic cement sector in 2023. However, a snap parliamentary election with no cl...
Brazil’s way ahead
Despite Brazil’s strong economic performance in 2022, the outlook for 2023 is less optimistic. To reduce economic uncertainty and boost cement demand, the government is being urged to resume investment in infrastruct...
A new chapter for China
After implementing continuous COVID-19 response measures over the past three years, China re-opened its doors to the world in December 2022. Having been impacted by pandemic-related restrictions as well as domestic a...
Uganda’s upturn awaits
Despite Uganda’s cement market remaining flat in FY21-22, expectations are for a revival in demand growth with the introduction of new infrastructure and housing plans. The country’s domestic industry remains reliant...
Progress for Peru?
Following a market contraction in 2020, Peru’s cement producers have seen domestic cement demand recover, making significant gains, even when compared to pre-pandemic levels. Company performance remains solid despite...
Vietnam’s emerging trends
Amid challenging market conditions and higher production costs, energy efficiency and decarbonisation have emerged as key development trends in the Vietnamese cement sector. These measures are helping producers optim...
Tunisia’s times of uncertainty
The Tunisian cement sector is striving to maintain profitability as the domestic construction sector struggles to sustain a post-pandemic recovery. Exports are providing one way for the domestic players to offset wea...
India: looking for the next leap
India’s cement sector continued on the right track in 2022 as growth has begun to reset to a more realistic level. The government’s infrastructure push and a continued focus on affordable housing ahead of next year’s...
Mediterranean trading patterns
The past year has seen the emergence of new trading trends in the Euro-Med region with rising energy costs, an increase in exports from non-European countries and growing demand for supplementary cementitious materi...
Bangladesh: building the future
Bangladesh’s economy remained resilient and continued its strong post-pandemic resurgence in 2022, but the medium-term outlook is uncertain due to global challenges. With the government investing in infrastructure pr...
WSC cement set for growth?
The cement markets of Texas, Louisiana, Oklahoma and Arkansas – collectively known as West South Central (WSC) – recovered in 2022 after the COVID-19 pandemic. However, the region saw a surge in imports while lower-c...
Czech action on climate change
Cement consumption in the Czech Republic remained resilient during the pandemic. However, economic headwinds and a slowdown in construction activity are likely to impact demand in the near-term. For local cement prod...
Update on Uzbekistan
Cement producers in Uzbekistan have been benefitting from government measures to provide a conducive development environment for the building materials sector. Cement demand has grown rapidly, leading to new plant st...
Taiwan's sustainability strides
Supported by a well-developed economy and good infrastructure, Taiwan's cement market has reached a relatively mature stage. As domestic producers face headwinds including overcapacity, rising cement imports and high...