Cement News tagged under: consumption
Moroccan cement market expands 52% in July05 August 2024, Published under Cement NewsTotal cement deliveries by Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim surged 52.3 per cent YoY to 1,189,016t in July 2024, up from 780,954t in July 2023, according to Morocco's cement association, APC. In the January-July 2024 period there was a 6.8 per cent uptick in deliveries to 7.465Mt when compared with 6.987Mt in the 7M23. |
Growth for Italian cement in May02 August 2024, Published under Cement NewsItalian cement output rebounded in May with growth of five per cent YoY. This follows a decline of two per cent YoY in April, according to the latest data from Italian concrete association, Federbeton. In year-to-date terms, cement output rose two per cent YoY in the January to May period. This is up on the seven per cent YoY contraction recorded in the same period of 2023. Import and export data, which lag production data, show grey cement imports jumped 78 per cent YoY to 243.268t in... |
Indian cement production may need to expand quicker to meet demand01 August 2024, Published under Cement NewsIndian cement consumption is expected to remain robust this year. The rainy season will weigh on demand somewhat in the near term, but fundamentals are strong for a solid resumption in demand. According to ICR Research, consumption rose 7.9 per cent YoY in 2023, amounting to 418Mt, and demand growth of 6.2 per cent YoY is forecast for this year. The World Bank is projecting GDP growth of 6.6 per cent YoY this year and India’s government is forecasting economic growth of a steady seven ... |
Vietnam 1H domestic cement sales contract, exports flat01 August 2024, Published under Cement NewsTotal Vietnam cement sales, including domestic and export, for June amounted to 7.344Mt, down 6.7 per cent MoM from 7.873Mt in May, and down eight per cent YoY according to the Vietnam National Cement Association (VNCA). Domestic sales in Vietnam fell 5.4 per cent YoY to 5.029Mt compared to the 5.317Mt reported in May and were down five per cent YoY. Of the total, Vietnam Cement Industry Corp (VICEM) companies reported domestic sales down 12 per cent compared to a year earlier at 1.493Mt.... |
Spanish cement industry contracted in 1H2431 July 2024, Published under Cement NewsCement consumption in Spain shrank 4.2 per cent YoY in June, coming in at 1.254Mt, down from 1.309Mt in June 2023, according to the latest data from Infocemento. Exports were down 157,882t or 27.1 per cent YoY in June, falling to 424,708t. January-June 2024 In the first half of 2024 cement consumption was down 3.3 per cent YoY to 7.268Mt, when compared with 7.513Mt in the same period a year earlier. Exports fell by 601,914t or 20.2 per cent YoY in the January to June period, coming in... |
Peru’s cement market contracts 6% in June22 July 2024, Published under Cement NewsCement dispatches in Peru declined by 5.9 per cent YoY to 0.924Mt in June 2024 from 0.928Mt in June 2023, according to ASOCEM, the Peruvian cement association. Of this total, dispatches by ASOCEM members were down 8.8 per cent to 0.842Mt in June 2024 from 0.923Mt in June 2023. Output from domestic cement plants declined 6.1 per cent YoY to 0.884Mt in June 2024 from 0.941Mt. Clinker production fell 15.5 per cent to 0.686Mt from 0.812Mt over the same period. In terms of external trade, Per... |
US cement sales rose in April19 July 2024, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the US and Puerto Rico amounted to 9.232Mt in April, up 5.9 per cent YoY from the 8.719Mt recorded in April 2023. Excluding for imports and sales to Puerto Rico, cement consumption in the US rose 5.9 per cent YoY to 9.11Mt, up from 8.6Mt a year earlier. The key district for shipments was the Mountain and Pacific region accounting for 1.629Mt, up 2.3 per cent YoY. Masonry cement shipments amounted to 202,211t, up 5.4 per ... |
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... |