Cement News tagged under: Exports
Brazil's cement market contracts 1% in November14 December 2022, Published under Cement NewsCement sales in Brazil slipped 0.8 per cent YoY to 5.3Mt in November 2022, according to the Brazilian cement association, SNIC. In the January-November 2022 period sales declined by 2.5 per cent YoY to 58.5Mt. In its monthly summary of the country’s construction industry, SNIC also highlighted that real estate financing remains challenged by the higher Selic rate of 13.75 per cent, shifting investment towards financial assets. Real estate launches continues to fall by 8.5 per cent until... |
Cement demand in Argentina up 9% in 11M2213 December 2022, Published under Cement NewsCement consumption in Argentina saw a 0.2 per cent uptick in November 2022 to 1,144,153t when compared with November 2022, when the market absorbed 1,142,127t, according to the country’s cement association, AFCP. Domestic demand was entirely served by local cement producers, who dispatched 1,151,660t, up 0.1 per cent YoY from 1,150,124t. This included 7507t of exports, down 6.1 per cent when compared with 7997t exported in November 2021. January-November 2022 Argentine cement consumpti... |
Iran sees 4% increase in cement exports08 December 2022, Published under Cement NewsIran exported 7.6Mt of cement in the first seven months of the current Iranian calendar year (March 2021-October 2022), according to data from the Iranian Industry, Mining and Trade Ministry. This marks a four per cent increase on the same period a year earlier. In total last year, Iran exported 14.4Mt of cement, putting it in fourth place among the world’s leading cement exporters. Meanwhile, 2021 saw Iran produce 63Mt of cement, making it the seventh biggest cement producer in the world... |
Thailand looks to Philippines for exports07 December 2022, Published under Cement NewsThe Philippines government has decided not to extend a tax on imports of cement. The levy on imported cement was first introduced on 22 October 2019 for three years. In the first year the tax was PHP250/t (US$4.5/t), which then fell to PHP245/t in the second year and PHP200/t in the third year. With the tax due to expire on 21 October 2022, the Philippine Tariff Commission began an enquiry in February this year as to whether the tax should be extended or not. According to rules set out by... |
Pakistan cement dispatches contract in November and 5MFY2306 December 2022, Published under Cement NewsPakistan's cement industry has recorded a YoY contraction of 16.82 per cent during November and 21.78 per cent in five months (July – November 2022) of the current FY2022-23. Cement dispatches/sales were disrupted due to a host of factors, including increased fuel prices, overall economic slowdown, flood impacts in the southern region, political unrest and multiple hikes in interest rates. The government increased interest rates last week by one per cent to 16 per cent. This will also dent... |
Italian cement output down 4% in September02 December 2022, Published under Cement NewsItaly’s cement production declined by four per cent YoY in September 2022, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index production the value increased from 61 in August to 96 per cent in September. Cement prices remained stable MoM at 189 when compared with the base year of 2015 (=100). However, they saw a 49 per cent increase when compared with September 2021. Grey cement imports in August increased by six per cent when compared with ... |
Spanish cement demand slips 0.4% in October01 December 2022, Published under Cement NewsCement demand in Spain has edged down by 0.4 per cent YoY to 1,264,554t in October 2022, according to the country’s cement association, Oficemen. The fall represents a six-month decline since May. Exports from Spain were down 22 per cent YoY in September, resulting in a 20 per cent drop in the year to date of 20 per cent. Imports decline by 55 per cent YoY on the back of falling domestic consumption, but in the year to date they have increased 14.5 per cent YoY. “In the first 10 months... |
Vietnam market expands 5% in October25 November 2022, Published under Cement NewsCement sales in Vietnam saw a five per cent increase to 5,376,495t in October 2022 when compared with October 2021, according to the Vietnam National Cement Association (VNCA). Of this total VICEM reported a four per cent uptick YoY to 1,805,791t while other VNCA members increased their deliveries at the same rate to 1,200,704t. Vietnam’s other producers saw a five per cent advance YoY to 2,370,000t in October 2022. However, exports halved to 2,106,653t in October 2022 when compared with... |
Vicem signs agreement to export 6Mt to the Philippines25 November 2022, Published under Cement NewsVietnam Cement Industry Corp (Vicem) has signed an agreement with Fenix (CEZA) International Inc and Gold Falcon Trading Corporation to export 6Mt of cement and clinker to the Philippines in 2023-25, reports Vietnam News Brief Service. Vicem currently operates 10 cement plants with a total production capacity of over 25Mta of cement and 21Mta of clinker. Its sales reportedly account for almost 33 per cent of Vietnam’s total cement and clinker sales and 23 per cent of its exports. Eac... |
Pakistan export volumes fall but earnings rise21 November 2022, Published under Cement NewsExport volumes from Pakistan's cement industry in the first four months (July-October 2022) of FY22-23 fell but export prices rose, leading to higher export earnings, according to the country's Federal Bureau of Statistics (FBS). Prices increased to US$50.40/t from US$36.70/t over the period. As a result, exports grew by 1.25 per cent in terms of value, despite volumes being down by 26.61 per cent. During the 4MFY22-23, the industry earned US$66.270m by exporting 1.324Mt of cement and cli... |