Cement News tagged under: State Bank of Pakistan
State Bank of Pakistan reveals a rise in cement exports in FY23-2422 October 2024, Published under Cement NewsState Bank of Pakistan, the country’s central bank, released its state of economy 2023-24 on 17 October 2024. The annual report included the cement industry in Pakistan. It stated that cement production declined by 4.5 per cent in FY23-24, significantly lower than 13.7 per cent in FY22-23. The decline was largely due to a fall in domestic cement dispatches, which could be associated with rising prices. Yet, the cement export, on the other hand, experienced a notable increase from 4.6Mt in FY... |
Pakistan's State Bank notes export growth in 1HFY23-2415 May 2024, Published under Cement NewsThe State Bank of Pakistan (SBP) has reported that the country’s cement sector shows significant export growth during the 1HFY23-24. Cement production saw a modest rise of 1.9 per cent during 1HFY23-24, largely attributed to the increased export volume. This was further bolstered by a surge in domestic sales in the last few months. Cement demand in the country’s export destinations, including Afghanistan, Bangladesh, Hong Kong, Germany and Ghana, nearly doubled to 3.7Mt during 1HFY23-24. ... |
Pakistan's central bank reports fall in exports in FY22-2326 October 2023, Published under Cement NewsThe State Bank of Pakistan (SBP) released its annual report on the State of Pakistan’s Economy for the fiscal year 2022-23 on 23 October. In a brief review report on cement, the central bank stated that in line with subdued construction activity, cement production declined sharply by 13.7 per cent during FY23, compared to a 3.6 per cent drop in FY22. Furthermore, cement exports declined due to the economic slowdown in destination countries such as Sri Lanka, China and Bangladesh. Mo... |
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