Cement News tagged under: Consumption
Brazilian cement market expands 2% in June11 July 2024, Published under Cement NewsCement sales in Brazil increased by 2.4 per cent to 5.372Mt in June 2024 from 5.248Mt in June 2023, according to the country's cement association, SNIC. Per working day, cement dispatches were up 4.6 per cent YoY to 238,800t. The increase follows a first semester affected by high interest rates and family debt as well as extreme weather events, including drought in the central-west and northern regions and intense rains in the south of Brazil. Construction confidence remained stable in Ju... |
Swiss cement market contracts 8% in 2Q2410 July 2024, Published under Cement NewsCement deliveries in Switzerland declined eight per cent to 965,157t in the second quarter of 2024 from 1,049,481t in the 2Q23, according to cemsuisse. While market contraction has slowed in comparison with the previous year, the uncertain economic environment continues to impact on cement sales. In addition, supply chain issues and comparatively high energy prices are also affecting deliveries. 1H24 deliveries Deliveries in the first half of 2024 were down eight per cent to 1,751,590t f... |
Kenyan cement demand drops 13% in 4M2408 July 2024, Published under Cement NewsCement consumption in Kenya fell 12.7 per cent YoY to 1,949,900t in the 4M24 from 2,234,200t in the 4M23, according to the Kenya National Bureau of Statistics (KNBS). The drop in cement consumption raises significant concerns about construction activity.“During the quarter under review, the construction sector registered a decelerated growth of 0.1 per cent, down from the 3.0 per cent growth recorded in the first quarter of 2023,” said KNBS. In the first three months of 2023, construction g... |
Morocco's cement market contracts 29% in June05 July 2024, Published under Cement NewsTotal cement deliveries by Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim contracted by 29.1 per cent YoY to 746,158t in June 2024 from 1,052,975t in June 2023, according to Morocco's cement association, APC. The retail segment reduced its off-take by 30.2 per cent YoY to 426,077t in June 2024 from 610,167t while deliveries to the ready-mix concrete segment were down by 29.9 per cent YoY to 171,390t from 244,650t in the same period. The prefab... |
Continuing domestic weakness weighing on Pakistan cement05 July 2024, Published under Cement NewsTotal cement dispatches in Pakistan dropped 12.6 per cent YoY to 3.552Mt in June 2024 from 4.063Mt a year earlier, according to the All Pakistan Cement Manufacturers Association (APCMA). Local dispatches contracted 11.9 per cent YoY to 3.079Mt from 3.487Mt in June 2023. Exports also fell in June, declining 17.9 per cent YoY to 472,865t down from 576,309t a year earlier. North-south dispatches Dispatches from cement plants in the north of Pakistan shrank 7.7 per cent YoY to 2.723Mt in J... |
Colombia’s cement shipments fall 11% in May04 July 2024, Published under Cement NewsCement dispatches in Colombia declined 10.9 per cent to 1.003Mt in May 2024 from 1.126Mt in May 2023, according to statistics agency DANE. Production was down 11.6 per cent YoY to 1.094Mt in May 2024 from 1.237Mt in the year-ago period. The market contraction was larger in the bagged cement segment, where sales were down 12 per cent. Bulk deliveries fell by 8.8 per cent YoY. In terms of market segments, the retail sector reported a 9.2 per cent YoY decrease while construction companies and... |
Argentine cement market contracts 33% in June03 July 2024, Published under Cement NewsCement demand in Argentina fell 32.8 per cent YoY and seven per cent MoM to 725,661t in June 2024, according to the country’s cement association, AFCP. This includes 81t of imports. Domestic production dropped 32.8 per cent YoY and 7.4 per cent MoM to 727,405t in June 2024. Of this total, 1825t was exported, down from 28.9 per cent YoY 2568t in June 2023. First-half 2024 In the January-June 2024 period, cement consumption in Argentina fell 30.9 per cent YoY to 4,247,357t from 6,148,980... |
A tough time for China01 July 2024, Published under Cement NewsThe world’s largest cement-producing country and market has seen demand fall significantly while issues of overcapacity persist. While the sector aims to reduce oversupply, it also needs reform to meet the country’s net-zero carbon emissions targets. By Fei (Grace) Chen, China Cement Association, China. China’s overcapacity presents significant challenges in times when cement demand contracts (©jcx516) In 2023 China’s cement industry encountered considerable challenges as adjust... |
Vietnam YtdD cement sales disappoint26 June 2024, Published under Cement NewsTotal Vietnam cement sales, including domestic and export, for May amounted to 7.873Mt, down 7.8 per cent MoM from 8.541Mt in April but up 2.6 per cent YoY from 7.678Mt in May 2023, according to the Vietnam National Cement Association (VNCA). Domestic sales in Vietnam fell 6.7 per cent MoM to 5.317Mt in May from 5.699Mt but were up 5.4 per cent YoY compared to the 5.044Mt reported in May 2023. Of the total, VICEM companies reported domestic sales rising five per cent compared to a ye... |
Peruvian cement market contracts 2% in May21 June 2024, Published under Cement NewsDomestic cement dispatches in Peru slipped two per cent YoY in May 2024 to 0.958Mt from 0.977Mt in May 2023, according to the country's cement association, ASOCEM. OF this total, 0.87Mt was supplied by ASOCEM members. Cement production by local cement manufacturers was down four per cent to 0.887Mt in May 2024 when compared with 0.928Mt in the year-ago period. Clinker output fell by 10 per cent to 0.72Mt from 0.803Mt over the same period. External trade Peru's cement producers found l... |