Cement News tagged under: exports
Peruvian cement demand down 12% in September19 October 2023, Published under Cement NewsThe Peruvian cement market contracted by 12 per cent to 1.063Mt in September 2023 from 1.21Mt in September 2022, according to the national cement association, ASOCEM. Of this total, 0.995Mt were supplied by ASOCEM members. Cement production fell by 16 per cent to 0.996Mt in September 2023 when compared with 1.19Mt in September 2022. Clinker production slipped by two per cent YoY to 0.818Mt in September 2023 from 0.831Mt. Cement exports were down 19 per cent to 12,000t in September 2023 f... |
Spain’s cement consumption sees 9% drop in September19 October 2023, Published under Cement NewsCement demand in Spain fell by nine per cent YoY to 1,137,773t in September 2023, according to the country’s cement association, Oficemen. Exports declined by 6.8 per cent to 391,566t in September when compared with the year-ago month. In the January-September 2023 period, demand contracted by 1.6 per cent YoY to 10,945,946t. Exports for the nine-month period decreased by 3.4 per cent YoY to 4,118,192t. “Since June we have now recorded four months of decline, a situation that we observe ... |
Saudi Arabian exports top 11Mt18 October 2023, Published under Cement NewsSaudi Arabia exported a total of 11.33Mt of cement and clinker in the 21-month period covering 2022 and the opening nine months of 2023. The figures from the Saudi Trade Ministry mark a notable ramp up in output by the country’s cement producers. Exports were primarily destined for Jordan, Yemen, Bahrain, Iraq and Bangladesh, reports Zawya. In 2022 Saudi Arabia received a total of 181,000t of cement and clinker as construction activity stepped up following COVID-19. Key markets for importe... |
Iran's cement demand increases 8% in September17 October 2023, Published under Cement NewsThe Iranian cement market expanded by 8.1 per cent to 6.26Mt in September 2023 from 5.79Mt in September 2022, according to the Iranian cement association. Production of cement by domestic cement companies increased by 12.3 per cent YoY to 6.65Mt in September 2023 from 5.92Mt in September 2022 while clinker output was 0.9 per cent up to 6.67Mt from 6.61Mt over the same period. Total exports in September 2023 were down 17.5 per cent to 1.030Mt when compared with the previous year when export... |
Power Cement Ltd made worthy exports in FY22-2317 October 2023, Published under Cement NewsIn the financial year ended 30 June 2023, Power Cement Ltd (PCL), witnessed a remarkable surge in net sales revenue, registering an increase of 65 per cent compared to FY21-22, according to the annual report . The local sales revenue appreciated by PKR5.65bn (US$20.53m) (39 per cent), coupled with an increase in exports by PKR5.79bn (185 per cent) compared to the corresponding period. PCL witnessed a 177 per cent growth in gross profit in FY22-23 compared to the previous year. The gross... |
Brazilian cement market contracts 2% in 9M2313 October 2023, Published under Cement NewsCement sales in Brazil declined by 4.6 per cent YoY to 5.222Mt in September 2023 from 5.476Mt, according to the Brazilian cement association, SNIC. High basic interest rates of 12.75 per cent continue to impact the amount of real state financing for construction, which had a reduction of 44 per cent in the period up to August 2023 when compared with the previous year. In addition, the recovery of population income continues to slow and there remains a high level of household debt, which reac... |
Argentina’s cement market contracts 8% in September12 October 2023, Published under Cement NewsCement consumption in Argentina fell by 7.8 per cent YoY to 1,118,042t in September 2023, according to the country’s cement association, AFCP. Argentina’s total demand was met by local producers and no imports were recorded. Domestic cement producers manufactured 1,122,500t of cement, down 7.8 per cent YoY in September 2023. Of this total, they exported 4458t, representing a 10.5 per cent decrease when compared with September 2022, when 4982t were exported. January-September 2023 In the... |
Bangladesh posts 101% cement export revenue growth in 3MFY2410 October 2023, Published under Cement NewsBangladesh has recorded 100.9 per cent YoY growth in cement export revenue to US$4.38m in the first three months (July-September 2023) of FY23-24 from US$2.18m 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. A target of US$3.38m for three months was also surpassed by 29.6 per cent YoY. Bangladesh had set a higher target export revenue of US$15m for FY23-24 aga... |
Ukraine ready to lift import duty on Moldova10 October 2023, Published under Cement NewsUkraine is ready to end its anti-dumping duty on cement from Moldova by the end of 2023, according to the Ministry of Economic Development and Digitalisation of Moldova. The announcement comes after a meeting between the co-chairs of the Moldovan-Ukrainian Interdepartmental Commission on International Trade in Odessa. Along with the duty removal, the two countries also agreed to help remove other barriers to trade by simplifying border controls to optimise the flow of goods, review enviro... |
Italian cement production slips 1% in July05 October 2023, Published under Cement NewsItaly’s cement producers decreased their output by one per cent in July 2023 when compared with the previous year, according to the national construction chamber, Federbeton. When compared with the 2015 base index, the output value advanced from 98 in June to 101 in July. In the first seven months of 2023 production fell by four per cent YoY. However, cement prices increased nine per cent YoY in July 2023, representing a deceleration in price rises from 13 per cent in June 2023. Compared ... |