Cement News tagged under: Consumption
Brazil's cement market expands 12% in April30 May 2024, Published under Cement NewsCement dispatches in Brazil increased 12.3 per cent YoY to 5.142Mt in April 2024 from 4.577Mt in April 2023. Dispatches advanced 5.7 per cent MoM from 4.865Mt in March 2024, when sales fell by 10.4 per cent YoY, according to the country's cement association, SNIC. While the country's unemployment rate has fallen and wages have increased, cement consumption continues to be affected by high default rates and household debt. In addition, the interest rate persists to be high. "Given this sc... |
Spanish cement sales outlook improving but exports likely to remain weak29 May 2024, Published under Cement NewsCement consumption in Spain recovered in April after poor weather and fewer working days weighed heavily on the 1Q24. Sales rose 11.5 per cent YoY to 1.324Mt, up from 1.188Mt in April 2023, according to the Spanish cement association, Oficemen. Oficemen notes that "it's the first month in positive after ten in decline. However, this percentage of growth has been influenced by the calendar effect, with the month of April of this year with more working days” and that when looking at working-da... |
Puerto Rican cement sales return to growth in April22 May 2024, Published under Cement NewsIn April 2024 cement sales in Puerto Rico increased by 7.5 per cent YoY to 1.277m bags of 42.5kg, or 55,430t, according to data from the Statistics Institute. In March cement sales fell 17.1 per cent YoY to 51,722t, following a 7.8 per cent YoY decline in February, when sales fell to 47,880t. Domestic cement output in April 2024 expanded by 21.2 per cent YoY to 769,000 bags or 32,787kg – the first increase in six months. In March production dropped by 30.5 per cent YoY to 27,447t, following... |
Argentine cement market contracts 31% in 4M2421 May 2024, Published under Cement NewsCement demand in Argentina fell to 661,122t in April, representing a YoY drop of 35.7 per cent from 1,028,598t in April 2023 but up 4.2 per cent MoM from 634,342t in March 2024, according to the country’s cement association, AFCP. Domestic production saw a 35.6 per cent fall to 666,7791t in April 2024 from 1,035,525t in April 2023 but a 4.4 per cent increase MoM from 638,824t in March 2024. Argentine producers exported 5910t of cement in April 2024, down 14.7 per cent from 6927t in April... |
Improvement in construction and real estate underpins rise in Kenyan cement demand21 May 2024, Published under Cement NewsA steady advance in building and construction sector credit supported the expansion of the cement industry in the third quarter of 2023, according to the Kenya Bankers Association-Housing Price Index data. Cement production increased 7.2 per cent YoY to 2,541,763t from 2,370,246t in the 2Q23. In addition, improvement in credit to the real estate sector also underpinned market expansion with cement consumption increasing to 2,430,488t in the 3Q24. “Credit growth in the building and constru... |
Morocco’s cement deliveries advance 21% in April16 May 2024, Published under Cement NewsCement deliveries in Morocco by APC members – Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim – increased by 21.1 per cent YoY to867,743t in April 2024 from 716,483t in April 2023, according to the country's Ministry of National Planning, Urban Planning and Housing. Of this total, 55,861t was supplied in April 2024 to the infrastructure sector, up 60.2 per cent YoY as the government continues to invest in the country’s infrastructure. In April... |
Colombian market contracts 19% in March16 May 2024, Published under Cement NewsCement dispatches in Colombia fell 19.1 per cent YoY to 0.941Mt in March 2024 from 1.163Mt in March 2023, according to the nation’s statistics office, DANE. Bagged cement sales decreased by 20.2 per cent YoY while bulk cement sales were down 16.8 per cent YoY in March 2024. The retail sector saw the largest contraction by 9.1 per YoY, followed by the construction companies and contractors segment (-4.2 per cent) and ready-mix concrete companies (-3.9 per cent). Other markets saw sales slip ... |
Weak first quarter for Spanish cement02 May 2024, Published under Cement NewsCement consumption in Spain dropped a notable 23.6 per cent YoY in March 2024, to 1.102Mt, down from 1.144Mt in March 2023, according to the Spanish cement association, Infocemento. Infocemento notes two downward drags on the sector during the month: “On the one hand, the calendar effect, having more festive holidays than previous years due to the celebration of Holy Week in March instead of April; and on the other, the rain effect, since last month's precipitation doubled the usual, with Ma... |
Portuguese cement consumption up 13% YoY in February02 May 2024, Published under Cement NewsCement consumption in Portugal in February 2024 advanced by 13.4 per cent, compared to the same period a year earlier, according to the Association of Civil Construction and Public Works Industries (AICCOPN). Consumption for the month came in at 646,000t. In the opening two months of 2024, the number of licences issued for new construction or rehabilitation works of residential buildings in Portugal declined 0.9 per cent, compared to the same period a year earlier, reports The Portugal Ne... |
Vietnam exporters looking further afield01 May 2024, Published under Cement NewsCement sales in Vietnam continue to struggle versus their year-ago levels. Sales were down 17 per cent YoY to 5.113Mt in March 2024, from 6.161Mt a year earlier, according to the Vietnam National Cement Association (VNCA). However, they did show a strong uptick from February, rising 130 per cent MoM. Of the total, VICEM companies saw sales down 23 per cent YoY to 1.625Mt. Other VNCA-affiliated companies report contractions of 12 per cent YoY to 1.077Mt. Non-VNCA members reported sales of 2.4... |