Cement News tagged under: exports
Bangladesh cement export revenue jumps 43% YoY05 July 2023, Published under Cement NewsBangladesh has reported 42.7 per cent YoY growth in cement export revenue to US$13.66m in FY22-23 (July 2022-June 2023). This compares to US$9.57m in the same period a year earlier. According to the Bangladesh Export Promotion Bureau (EPB), this figure includes minor amounts of salt, stone and related products. Historically, the majority of cement exports from Bangladesh are shipped to India, particularly from the northeastern states of Bangladesh. Other popular destinations include N... |
Spain’s cement demand up 1% in May29 June 2023, Published under Cement NewsCement consumption in Spain has edged up 0.7 per cent YoY to 1,348,525t in May 2023, according the country’s cement association, Oficemen. In the first five months of 2023, the domestic market expanded by 1.2 per cent to 6,215,016t when compared with the 5M22. “The advancement of the general elections to July 23, when there are still local and regional governments in the constitution phase, probably adds uncertainty and slows down decision-making at the business level. These types of sce... |
Vietnamese cement and clinker exports surge26 June 2023, Published under Cement NewsTotal cement and clinker exports from Vietnam increased by 66 per cent to 2,633,428t in May 2023 when compared with May 2022. Cement exports surged by 69 per cent YoY to 1,974,348t while clinker exports advanced by 56 per cent to 659,080t in May 2023. Clinker was exported by non-VNCA members only, who supplied 659,080t of clinker to overseas markets, up 65 per cent YoY. They also exported the largest volume of cement – 1,374,323t – an increase of 56 per cent YoY. VICEM exported 331,113t of c... |
Provisional dispatches data show a mixed trend in June 202326 June 2023, Published under Cement NewsAll Pakistan Cement Manufacturers Association (APCMA) is yet to release overseas and local cement dispatch data. Local cement sales are expected to grow by two per cent MoM in June 2023, but down 16 per cent YoY in the FY22-23 (July 2022-June 2023), according to a local research house. Topline Securities said Pakistan’s total cement sales in June 2023 are expected to increase by two per cent MoM, reaching 4Mt. Similarly, local dispatches are also anticipated to rise by two per cent... |
Lafarge Algeria increases cement exports in 1H2326 June 2023, Published under Cement NewsLafarge Algeria ( Holcim ) has announced improved export results for the 1H23. Thanks to the support of the Algerian authorities and close collaboration with its partners, Lafarge Algeria exported nearly 1.7Mt of products, 39 per cent of which were 'cement' finished products valuing more than US$80m. Volumes were helped by the start up of the automatic shiploader at Djenden Port, with 18,000tpd capacity. |
Peru’s cement market contracts 12% in May23 June 2023, Published under Cement NewsPeruvian cement consumption declined by 12 per cent YoY to 0.971Mt in May 2023, according to the country’s cement association, ASOCEM. Production by domestic cement producers fell 14 per cent YoY to 0.928Mt while clinker production was down seven per cent to 0.803Mt. Cement exports declined by 22 per cent YoY to 14,000t in May 2023. from 18,000t in May 2022 while clinker exports increased two per cent YoY to 36,000t from 35,000t over the period. In May 2023, cement imports reached 44,00... |
Iranian cement demand advances 14% in May23 June 2023, Published under Cement NewsIran’s cement market has expanded by 13.9 per cent to 5.82Mt in May 2023 when compared with May 2022, when 5.11Mt of cement was sold, according to the Iranian Cement Association. Cement and clinker production increased YoY by 18.4 per cent to 6.37Mt and 5.6 per cent to 7.3Mt in May 2023, respectively. Iran’s cement producers exported 0.4Mt of cement in May 2023, up 33.6 per cent YoY, and 0.81Mt of clinker, up 45.7 per cent YoY. |
Pakistan cement exports continue mixed trend in 11MFY22-2321 June 2023, Published under Cement NewsThe cement industry in Pakistan continued to experience a mixed picture in export revenue during the first 11 months of the current financial year, which runs from July 2022 to June 2023. While the income earned in US dollars decreased, the Pakistani rupee improved due to the currency's devaluation. BMA Capital, in a research report on the cement industry, commented that the prospect of exports serving as a viable solution for new cement capacities appears reasonable. Analysts anticipate ... |
Senegal's cement consumption fell 22% in April20 June 2023, Published under Cement NewsThe Senegalese cement market contracted 22.1 per cent MoM and 10.6 per cent YoY to 525,100t in April 2023, according to the country’s Department for Economic Planning and Policies (DPEE). While exports were down 17.6 per cent MoM in April 2023, when compared with April 2022 they surged 148.8 per cent to 159,200t. Output from domestic cement plants retreated 18.4 per cent MoM but increased by four per cent YoY to 693,500t in April 2023. |
Cement players expect demand in FY24 to remain stable16 June 2023, Published under Cement NewsTopline Securities hosted the Pakistan Cement Conference 2023, where top executives of major cement players Maple Leaf Cement (MLCF), Lucky Cement (LUCK), DG Khan Cement (DGKC), Cherat Cement (CHCC), Kohat Cement (KOHC) and Pioneer Cement (PIOC) participated in the conference through Zoom recently. They ruled out unanimous fears of a price war, stating that it would be unwise to start a price war due to economic conditions and slow demand. However, they believed that major ... |