Cement News tagged under: Consumption
Vietnamese cement market contracts 8% in May21 June 2022, Published under Cement NewsCement sales in Vietnam declined by eight per cent YoY and by five per cent MoM to 5,655,119t in May 2022, according to the Vietnam National Cement Association (VNCA). Of this total VICEM saw its sales contract by two per cent YoY and seven per cent MoM to 1,967,271t. Other VNCA member companies reported a 10 per cent YoY and seven per cent MoM decline with sales of 1,387,848t. In addition, other, non-affiliated producers saw their sales fall by 11 per cent YoY and three per cent MoM to 2,... |
Iranian cement sales decline in May20 June 2022, Published under Cement NewsThe Iranian cement market contracted 11.6 per cent YoY to 5.11Mt in May 2022 from 5.78Mt in May 2021, according to the Iranian cement association. In addition to domestic deliveries, 0.301Mt of cement and 0.558Mt of clinker was exported in May 2022. This represents a YoY decrease of 11.5 per cent for cement (May 2021: 0.34Mt) and 29.4 per cent for clinker (May 2021: 0.79Mt) Output of cement declined 11.8 per cent YoY to 5.38Mt in May 2022 when compared with the year-ago period when cement... |
Peru’s cement demand sees 5% growth in May17 June 2022, Published under Cement NewsPeruvian cement dispatches saw a five per cent uptick in May 2022 to 1.117Mt from 1.066Mt in May 2021, according to the national cement association, Asocem. Cement output from Asocem member companies reached 1.079Mt in May, up seven per cent YoY from 1.010Mt. Clinker production advanced nine per cent YoY to 0.867Mt in May 2022 from 0.795Mt in May 2021. Cement exports surged 75 per cent YoY to 18,000t from 10,000t in May 2021, but clinker exports were 49 per cent down YoY to 35,000t from ... |
Pakistan cement market to contract by 10%17 June 2022, Published under Cement NewsBased on cement dispatches over the first 11 months, Pakistan’s cement market is expected to contract by 10 per cent in FY22 (ending 30 June), compared to FY21, according to a report in the Business Recorder. This is in stark contrast to the 10-15 per cent growth forecast by the industry. Much of that predicted growth was dependent on the country’s massive infrastructure and power projects, along with the government’s Pakistan Housing Plan. But in reality domestic demand has remained low wit... |
GDP recovery fuelling Indian cement demand17 June 2022, Published under Cement NewsCement demand in India is expected to rise by mid-to-high single digits in the medium term, according to Fitch Ratings. This follows an estimated mid-teen rebound in FY22, compared to FY21 which saw a mid-single digit decline due to the pandemic. An 8.7 per cent recovery in the economy in FY22 is forecast to underpin growth across various construction sectors with cement demand in the infrastructure and affordable housing markets expected to see low double-digit growth on the back of high... |
Puerto Rican cement market expands 5% in May14 June 2022, Published under Cement NewsPuerto Rican cement sales in May 2022 declined 4.9 per cent YoY to 1.32m bags of 42.6kg, or 56,282t, according to the Puerto Rican Institute of Statistics. While the drop represents the sixth consecutive fall, sales are 8.8 per cent higher than in May 2019, before the COVID-19 pandemic. Cement production expanded 40.9 per cent in May 2022 to 32,831t, when compared with May 2021. This represents the second consecutive month of growth. In the past three years, output from the country’s cemen... |
USA/Puerto Rico cement market expands 3% in March13 June 2022, Published under Cement NewsPortland and blended cement deliveries in the USA and Puerto Rico saw a 3.3 per cent YoY uptick in March 2022, according to the US Geological Survey (USGS). A total of 45 per cent of deliveries were received by the five top consuming states – Texas, California, Florida, Arizona and Georgia. The leading producing states for Portland and blended cement were Texas, California, Missouri, Florida and Alabama. Masonry cement shipments totalled 228,000t in March 2022, representing a 2.7 per cent Y... |
Colombia sees 4% increase in cement sales in April10 June 2022, Published under Cement NewsColombian cement dispatches saw a 3.7 per cent YoY uptick to 1.089Mt in April 2022 from 1.051Mt in April 2021, according to the country’s statistics office, DANE. Of this total bulk sales increased by 12.2 per cent, reflecting the growth in the ready-mix concrete sector, which expanded its offtake by 15.6 per cent YoY. However, construction companies and contractors reduced their purchases by 4.7 per cent while at retail level, sales were down by 1.2 per cent YoY. Output from domestic ce... |
Chile’s cement market contracts 16% in May10 June 2022, Published under Cement NewsCement dispatches in Chile declined by 15.8 per cent YoY to 313,101t in May 2022 when compared with the 371,947t dispatches in May 2021, according to CChC, the Chilean construction chamber. In the first five months of the year, deliveries fell by 6.8 per cent to 1,345,102t from 1,443,458t in the 5M21. |
Brazilian cement dispatches slip in May09 June 2022, Published under Cement NewsCement sales by Brazil’s cement producers slipped by 0.8 per cent to 5.487Mt in May 2022 when compared with 5.529Mt in May 2021, according to SNIC, the Brazilian cement association. Sales have been affected by record-high household indebtedness and reduced household income. The rising interest rate is at 12.75 per cent, making the financing of housing expensive. Political and economic uncertainty are resulting in cautious consumer confidence. Moreover, inflation runs into double-digit figu... |