Cement News tagged under: cement exports

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State Bank of Pakistan reveals a rise in cement exports in FY23-24

22 October 2024, Published under Cement News

State 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...

Turkmenistan targets Russia's Tartarstan for cement exports

29 August 2024, Published under Cement News

Following the start-up of two new 1Mta cement plants in Turkmenistan this year, the country's cement industry is now in a position to begin exports. The Lebap plant completed its second line and Baherden Cement also completed its second production line with KHD Humboldt equipment earlier this year. Both plants belong to the state enterprise Turkmen Cement . Turkmenistan's Minister of Finance and Economy, Serdar Jorayev, has announced that his country is looking to supply cement and o...

Substantial growth in Bangladesh's cement exports during 11MFY24

07 June 2024, Published under Cement News

Bangladesh's cement industry has experienced significant export growth during the 1MFY24. The sector recorded a 34.3 per cent YoY increase in cement export revenue, reaching US$16.81m during the 11MFY23-24. This marks a substantial rise from US$12.52m in the corresponding period of the previous year and includes certain salt, stone, and related products. Cement exports also grew by 23.4 per cent YoY, surpassing the target of US$13.62m for the 11MFY23-24. Bangladesh mainly exports cement t...

Pakistan's cement export trend continues to excel in 10MFY23-24

21 May 2024, Published under Cement News

Pakistan’s cement and clinker exports increased by 35.9 per cent in the 10MFY23-24 (July 2023-April 2024) to US$204.54m (5.301Mt), compared to US$150.48m (3.24Mt) in the 10MFY22-23, the Pakistan Bureau of Statistics (PBS) said. In Pakistani rupee terms, export revenue saw a significant growth of 593 per cent to PKR58.21bn during the period, sustained by the local currency’s competitive rates against the US dollar. In addition, export volumes increased by 63.5 per cent YoY in the same period....

Bangladesh exceeds the cement export target in 5MFY23-24

07 December 2023, Published under Cement News

Bangladesh has recorded 90.2 per cent YoY growth in cement export revenue to US$6.98m in the first five months of FY23-24 (July-November 2023) from US$3.67m in the same five months of the previous year, according to the Bangladesh Export Promotion Bureau (EPB). This figure includes minor amounts of salt, stone and related products. The 17.7 per cent YoY rise in cement exports also surpassed the target of US$5.93m for 5MFY23-24. Bangladesh had set a higher target export revenue of US$15m f...

Bangladesh posts 79% cement export revenue growth in July and August 2023

11 September 2023, Published under Cement News

Bangladesh has recorded 78.8 per cent YoY growth in cement export revenue to US$2.95m in the first two months of FY23-24 (July-August 2023) from US$1.65m earned in the same months of the previous year, according to the Bangladesh Export Promotion Bureau (EPB). This figure includes minor amounts of salt, stone and related products. The target of US$2.26m for two months was also surpassed by 30.5 per cent YoY. Bangladesh had set a higher target export revenue of US$15m for FY23-24 against U...

Bangladesh cement exports surpassed export in 11MF22-23

07 June 2023, Published under Cement News

Bangladesh has reported 43.9 per cent YoY growth in cement export revenue to US$12.52m in the first 11MFY22-23 (July 2022-May 2023). This compares to US$8.7m in the same period a year earlier.  The value of the target set for this period also saw a hefty growth of 26 per cent. According to the Bangladesh Export Promotion Bureau (EPB), this figure includes minor amounts of salt, stone and related products. Most of the cement exports were shipped to neighbouring countries. For the full F...

Bangladesh earns cement revenue of US$2.77m in 4MFY23

15 November 2022, Published under Cement News

During the first four months (July and October) of FY22-23 (July-June), Bangladesh exported cement worth US$2.77m compared to US$2.44m in the same four months last year. This translated to a growth of 15.42 per cent but was down on forecast (-16.06 per cent ) to reach the target of US$3.3m set for these months of the ongoing fiscal year. The figure also includes a minor amount of salt, stone and related products, says the Bangladesh Export Promotion Bureau (EPB) data. Bangladesh has set a...

Bangladesh expects a 15% growth in cement exports in FY22-23

12 August 2022, Published under Cement News

Bangladesh has set an export target for the cement industry at US$11m during the 12 months of the ongoing financial year, ending 31 June 2023, compared to US$9.57m earned in FY21-22. This translates to expected growth of 15 per cent YoY, according to the Bangladesh Export Promotion Bureau (EPB) data. Meanwhile, the first month of FY22-23, ie July 2022, started with bringing home US$0.72m of earnings on account of cement exports, up by 94.6 per cent over the same month last year. The figur...

Bangladesh exports rise in FY22

06 July 2022, Published under Cement News

Bangladesh recorded the highest ever export of commodities, including cement, in FY21-22 (July 2021-June 2022). Bangladesh’s cement industry has earned export revenue of US$9.57m in FY21-22, compared to US$7.26m in the year-ago period. This export trend reflects growth of 31.8 per cent YoY. The figure also includes a minor amount of salt, stone and related products, according to the Bangladesh Export Promotion Bureau (EPB) data. The export value for cement increased by 19.6 per cent, sign...