Thailand: Domestic cement sales are expected to decline by 5.5% year-on-year to 34.7Mt in 2025 due to a contraction in private construction, particularly new housing projects, according to local press. In the first quarter of 2025, sales rose by 9.6% to 8.8Mt. Government projects will continue to expand but at a slower pace than in 2024, which is reportedly insufficient to offset weaker private demand. Political uncertainty may delay the 2026 budget and new project bidding, which could impact demand for government construction projects from late 2025 into 2026.
Thai cement demand forecast to fall by 6% in 2025
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