Pakistan: Cement sales in September 2025 are projected to reach 3.9Mt, reflecting a 1% year-on-year decline but a 2% increase compared to August 2025, according to Pakistan Business News. Local cement shipments are expected to grow by 3% year-on-year to 3.08Mt, despite a 1% month-on-month fall. Analysts attributed the decline to ongoing flood impacts, though sales rebounded in the third week of September 2025.
Cement exports are forecast to fall by 15% year-on-year but rise by 11% month-on-month, with flood-related disruptions continuing to weigh on annual comparisons. For the first quarter of the 2026 financial year, total cement sales are projected to rise by 12% year-on-year, supported by a 10% increase in domestic sales and a 21% rise in exports. Capacity utilisation in September 2025 is estimated at 55%, the same as the same month in 2024 but slightly below the 56% recorded in 2023. Analysts continue to forecast 8% year-on-year growth in local shipments, underpinned by increased construction activity and a more relaxed monetary policy.
