Displaying items by tag: exports
Saudi cement sales rise 12% in fourth quarter of 2024
21 January 2025Saudi Arabia: Cement sales increased by 12% year-on-year in the fourth quarter of 2024, reaching 14.87Mt, Arab News reports. Sales were primarily driven by domestic demand, which accounted for 96% of total sales. Exports contributed the remaining 4%, according to data from Al-Yamama Cement. For the full year, cement sales grew by 3.7% to 51.2Mt.
Al-Yamama Cement led the domestic market in the fourth quarter of 2024, with a 13% share and sales of 1.83Mt, up by 22% year-on-year. Qassim Cement, after acquiring Hail Cement, held an 11% share with 1.63Mt of sales. Yanbu Cement, Southern Cement, and Al Jouf Cement followed.
During the same period, Saudi Cement dominated in exports with 0.49Mt, representing 80% of total shipments and a 71% year-on-year increase. Clinker production grew by 7% year-on-year in the fourth quarter of 2024 to 14.9Mt, while clinker exports fell by 28% to 1.15Mt.
Amr Nader, CEO of cement consultancy A3&Co, said “These figures may not fully align with the anticipated surge in demand from ambitious infrastructure projects. Megaprojects such as NEOM, the Red Sea project, and FIFA World Cup-related developments require vast quantities of construction materials. The maximum anticipated demand in the next five years is 78Mt/yr.”
Peru’s cement despatches decline in 2024
17 January 2025Peru: National cement despatches reached 0.97Mt in December 2024, a 0.1% year-on-year increase, according to the Cement Producers Association (Asocem). Total despatches in 2024 were nearly 12Mt, marking just a 0.01% rise compared to 2023, indicating stagnation in the sector.
Asocem members produced almost 0.92Mt of cement in December 2024, a 1% year-on-year decrease, and recorded a 3% decline in 2024 to 11Mt. Cement exports from members rose by 70% year-on-year in December 2024 to 0.13Mt, but fell by 8% for the full year. Imports increased to 3000t in December 2024, up by 22% year-on-year, and grew by 29% over 2024, with Chile as the sole supplier.
Clinker production by Asocem members dropped by 30% year-on-year in December 2024 to 0.66Mt, and by 8% over the 2024 period. No clinker was exported by Asocem members, a 100% year-on-year decrease from December 2023. Clinker imports surged by 376% year-on-year in December 2024 to 0.2Mt, sourced from South Korea (44%), Japan (24%), Ecuador (19%) and Turkey (13%).
Türkiye’s cement exports fell in 2024
17 January 2025Türkiye: According to the Turkish Ministry of Trade, Türkiye's global cement exports declined by 6.2% in 2024 to US$4.3bn, with exports in December 2024 amounting to US$341m, a 3% year-on-year decrease. Cement exports over the 12-month period from December 2023 to December 2024 also stood at US$4.3bn.
Cement exports from Türkiye to Kyrgyzstan also dropped in 2024, by 86% year-on-year, amounting to US$3.9m. However, December 2024 exports to Kyrgyzstan rose 7.2% year-on-year to US$751,065.
Pakistan cement trends in 2024 revealed
03 January 2025Pakistan: December 2024 saw mixed results for cement despatches, according to data published by the All Pakistan Cement Manufacturers Association. Local despatches declined by 5% year-on-year, falling to 3.37Mt from 3.54Mt in December 2023. Overall, total cement despatches for December 2024 stood at 4.15Mt, up by 2% from 4.06Mt year-on-year. For the first half of the fiscal year, total despatches decreased by 4% to 22.9Mt. Domestic despatches saw a significant drop of 10%, totalling 18.1Mt. Exports, however, witnessed a 32% increase, reaching 4.81Mt during this period. In December 2024, exports reached 0.78Mt, a 49% year-on-year increase from 0.53Mt in December 2023.
Türkiye's exports decline from January to November 2024
02 January 2025Türkiye: Türkiye's global cement exports contracted by 6.4% from January to November 2024, totalling US$4bn, according to the Trade Ministry. However, November 2024 saw a modest increase of 0.3% in cement exports, amounting to US$346m. From November 2023 to November 2024, the total value of cement product exports reached US$4.3bn.
Türkiye's cement exports to Iran decreased by 42% year-on-year, totalling nearly US$11.7m during the same 11-month period. Despite this decline, exports in November 2024 rose slightly by 1.5% year-on-year, reaching over US$1.6m.
Kyrgyzstan: The Ministry of Economy and Commerce in Kyrgyzstan has initiated an anti-dumping investigation into cement imports from Kazakhstan and Uzbekistan. The investigation covers imports over the past three years amid a ‘sharp’ rise in import volumes, according to Kun.Uz news. Cement imports increased by 130% from January – September 2024, reaching 401,000t, with Kazakhstan exporting 269,700t of cement worth US$14.3m and Uzbekistan exporting 124,000t valued at US$9.2m. Uzbekistan’s cement exports increased from 1000t in 2023 to 123,000t during January – September 2024. The investigation aims to determine breaches of fair competition rules and protect Kyrgyz producers and the domestic market.
Pakistan releases cement despatch statistics for November 2024
04 December 2024Pakistan: In November 2024, there was a 6% increase in total cement despatches, reaching 4.15Mt compared to 3.93Mt in November of the previous fiscal year, according to the All Pakistan Cement Manufacturers Association (APCMA).
Local cement despatches during November 2024 were 3.34Mt, reflecting a 2% year-on-year increase from 3.27Mt in November 2023. Exports rose by 21% year-on-year, from 662,374t in November 2023 to 803,258 tonnes in November 2024. However, the first five months of the current fiscal year saw a 5% decline in total cement despatches, amounting to 18.8Mt, down from 19.8Mt during the same period last fiscal year. Domestic despatches fell by 12% to 14.8Mt, while exports experienced a 29% year-on-year increase, reaching 4.02Mt.
An APCMA spokesperson noted that domestic cement sales could improve if the government reduced duties and taxes, which would lower consumer costs and boost demand, helping to utilise the sector's idle capacity.
Production boosted in Azerbaijan
03 December 2024Azerbaijan: The State Customs Committee (SCC) reports that cement production in Azerbaijan reached 3.42Mt in the first 10 months of 2024, an increase of 11.2% compared to the same period in 2023.
The SCC also reported that Azerbaijan exported 695,656t of cement and clinker in the first 10 months of 2024, a 2.4% decline compared to the same period of 2023. However, the value of exports rose by 5.8% to reach US$43.1m, reflecting stronger pricing dynamics in international markets.
Azerbaijan’s cement capacity is approximately 5.2Mt/yr, which provides a solid foundation to meet both domestic and export demand.
Cement exports from Türkiye to Uzbekistan decrease in October 2024
28 November 2024Türkiye: Cement exports from Türkiye to Uzbekistan decreased by 21% year-on-year in the period from January to October 2024 compared to the same period in 2023, and amounted to US$11.4m, according to Trend. Türkiye's global cement exports from January to October 2024 decreased by 7% and amounted to US$3.6bn.
In October 2024, Türkiye exported cement products worth US$765,000 to Uzbekistan, marking a year-on-year decline of 69%. Overall, it exported US$365m worth of cement, up by 1% year-on-year. To note, Türkiye exported cement worth US$4.3bn from October 2023 to October 2024.
Cement consumption in Spain increases
20 November 2024Spain: Cement consumption in Spain has seen a cumulative increase of 1.3% in the first 10 months of 2024, compared to a decline of 0.5% at the end of the third quarter of 2024, according to the latest data from Oficemen. This increase is largely due to 14.5% growth in October 2024 consumption compared to the same month a year earlier, reaching 1.37Mt, the highest since 2019. Despite the domestic gains, cement exports fell by 1% in October 2024 to 0.41Mt, contributing to a 13% decline in the cumulative annual data up to October 2024. Since November 2023, exports have decreased by 16%, totalling 0.47Mt.
Oficemen’s general manager Aniceto Zaragoza said "These positive figures are in line with the forecasts that we made at the beginning of 2024, when we were expecting a moderate recovery in the final stretch of the year."