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News Sri Lanka sees rise in domestic cement demand

Sri Lanka sees rise in domestic cement demand

Written by Global Cement staff 08 July 2025
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Sri Lanka: Domestic cement demand rose to 4.71Mt since July 2024, up from 3.96Mt, according to Tokyo Cement. The company attributed the increase to the ‘latent demand and low base effect of the previous year.’ It said that local production has expanded, despite intensified competition from a new grinding operator and multiple cement importers, capitalising on the relaxed cement import restrictions. The company expects demand to improve further, supported by private sector-led construction and government infrastructure projects.

However, Tokyo Cement warned “The heightened volatility in the global trade policies and ongoing regional conflicts pose downside risks that add to the uncertainty and may jeopardise some of the hard-fought economic gains the country is working towards.”

It added “These factors may constrain capital inflows, dampen export prospects and impede economic recovery.”

Last modified on 21 July 2025
Published in Global Cement News
Tagged under
  • Sri Lanka
  • demand
  • Tokyo Cement
  • Production
  • Competition
  • Asia
  • GCW717
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