Cement News tagged under: exports
Domestic dispatches rise and exports fall in January06 February 2023, Published under Cement NewsPakistan's total cement industry dispatches increased by 1.2 per cent in January 2023 to 4.01Mt from 3.96Mt dispatched during the same month of last fiscal year. Local cement dispatches advanced by 5.2 per cent YoY to 3.587Mt in January 2023 from 3.409Mt in January 2022. However, exports dispatches declined by 24.1 per cent as volumes fell from 551,006t in January 2022 to 418,067t in January 2023, says the All Pakistan Cement Manufacturers Association (APCMA). Moving forward, the manage... |
Italy’s cement output declines 10% in November03 February 2023, Published under Cement NewsItalian cement production fell by 10 per cent YoY in November 2022, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index production the value declined from 102 in October to 85 in November. Cement prices in November 2022 increased MoM to 212 when compared with the base year of 2015 (=100). Federbeton also reported a 69 per cent increase when compared with November 2022. External trade Grey cement imports in October were up by 34 per cent whe... |
Cement exports nosedive in 1HFY22-23 in Pakistan24 January 2023, Published under Cement NewsPakistan’s cement industry export revenue and overseas dispatches in the first six months of FY22-23 (July-December 2022) nosedived both YoY and MoM, according to the country’s Federal Bureau of Statistics (FBS). Industry experts blamed the country's political and economic uncertainty, and slowed world economy. In addition, export markets are drying up and domestic demand is weak as construction costs have become prohibitively high for most materials. During the 6MFY22-23, the cemen... |
Peruvian cement market contracts 6% in December23 January 2023, Published under Cement NewsPeru’s cement dispatches reached 1.092Mt in December 2022, representing a six per cent decline YoY from 1.159Mt, according to the country’s cement assocation, Asocem. Of this total, 1.054Mt were dispatched in December 2022 by Asocem members. Cement production edged down three per cent YoY to 1.087Mt while clinker output slipped by one per cent to 0.913Mt YoY in December 2022. In December 2021 cement and clinker output reached 1.122Mt and 0.925Mt, respectively. External trade In addit... |
Pakistan exports to the USA for the first time20 January 2023, Published under Cement NewsPakistan’s DG Khan Cement Co (DGKCC) has announced that it will export 600,000t of low-alkali cement to the USA each year. This marks the first time Pakistan has exported cement to the USA, according to Farid Fazal, executive director, DGKCC. The first consignment of 50,000t was dispatched in June 2022, with a second shipment of 37,500t leaving for Houston this month. The third delivery will leave for the US in February this year. Pakistan has become one of 25 countries exporting cemen... |
Brazilian cement consumption down 3% in 202213 January 2023, Published under Cement NewsDomestic cement sales in Brazil saw a 6.3 per cent decline to 4.467Mt in December 2022 when compared with December 2021 when sales reached 4.766Mt, according to the country’s cement association, SNIC. SNIC attributes the drop to higher inflation rates, leading the central bank to increase the Selic rate to 13.75 per cent, making real estate financing more expensive and encouraging migration to investments in financial products. As a result, the real estate sector showed a significant drop ... |
State Bank of Pakistan reviews cement industry performance in FY2210 January 2023, Published under Cement NewsThe State Bank of Pakistan (SBP) has critically analysed the performance of the cement industry between July 2021 and June 2022. The central bank gauged the positive and negative impacts on local and export dispatches, employment, quarrying of minerals and the reason behind on slow progress of the industry. The SBP concluded that "marginal growth in local dispatches and declining exports hurt the cement industry in FY21-22". The cement sector’s output declined by 3.6 per cent (48.011Mt) i... |
Bangladesh's cement export revenue totalled US$4.69m in 1HFY22-2309 January 2023, Published under Cement NewsDuring the first six months of FY22-23 (July-December), Bangladesh's cement industry earned export revenue of US$4.69m on the export of cement, mostly to neighbouring Asian countries, compared to US$3.91m in the same six months last year. This translates to growth of 20 per cent YoY but marks a shortfall of 9.1 per cent to meet the target of US$5.166m set for these months of the ongoing fiscal year. The figure also includes a minor amount of salt, stone and related products, says the Banglad... |
Pakistan records a 21% decline in cement dispatches in 1HFY22-2306 January 2023, Published under Cement NewsThe negative trend in cement dispatches in Pakistan has continued in the last few months. The latest data for 1HFY22-23 and December 2022 show the sector has been affected by a slowdown in the local construction industry and unviable exports. Pakistan’s total cement deliveries (domestic and exports) were 21.764Mt during 1HFY22-23, which is 20.7 per cent lower than 27.456Mt dispatched during 1HFY21-22. Out of this total, domestic volumes were 20.03Mt against 24.065Mt during the same period la... |
Argentina’s cement market expands 7% in 202206 January 2023, Published under Cement NewsCement demand in Argentina fell by nine per cent to 932,661t in December 2022 from 1,144,123t in December 2021, reports the country’s cement association, AFCP. When compared with the previous month, the December volume sold dropped 18.5 per cent. All cement was supplied by domestic producers and there were no imports. Argentine cement plants produced 936,893t in December 2022, representing a YoY decline of 9.4 per cent and a MoM decrease of 18.6 per cent. Of this total, exports accounted f... |