Displaying items by tag: statistics

Uzbekistan: Cement companies in Uzbekistan produced 9.08Mt of cement from January to July 2024, marking a 34.6% rise year-on-year. In July 2024, production reached 1.33Mt.

Vietnam: Vietnam exported 2.3Mt of cement and clinker worth US$90m in August 2024, down by 17% and 23% year-on-year, respectively. From January to August 2024, exports totalled 20.5Mt valued at US$789m, marking declines of 4% in volume and 14% in value compared to the same period of 2023. In 2023, the country earned US$1.33bn from 31.4Mt of exports, a fall of 1% in volume and 4% in value year-on-year.

Brazil: Cement sales increased to 6.2Mt in August 2024, marking the highest monthly sales since October 2014, when sales reached 6.7Mt. This 10-year peak reflects a 5% month-on-month and 3% year-on-year increase, spurred by dry weather and a robust real estate sector, according to data released by the National Union of the Cement Industry (SNIC).

All regions in Brazil reported sales growth, with the highest sales in the north and northeast and a recovery in the south after the floods in Rio Grande do Sul. Year-to-date sales reached 43Mt, up by 3% from 2023.

However, concerns about prolonged dry spells potentially affecting electricity prices and logistics are emerging, with SNIC stating in a press release "The announcement of the increase in the red flag energy bill in Brazil due to the lack of rainfall is already causing concern for the cement sector, both in terms of production costs and logistics. Brazil is facing the worst drought in history in 2024 and this could have an impact on cement sales, especially in the north."

Egypt: Egypt's cement consumption is expected to drop to 45Mt in 2024, a decrease of 4% from 47Mt in 2023, reports Arab Finance newspaper. According to Ahmed Shireen, head of the cement division at the Federation of Egyptian Industries, the country is also projected to export 15Mt of cement. Local production capacity stands at 92Mt/yr. Recent reductions in transport availability have reportedly been exacerbated by exports, particularly to Libya, causing a significant cement shortage. This has reportedly impacted local construction projects and contributed to a 20% price increase since 1 August 2024.

Vietnam: Vietnam produced 119Mt of cement between January and August 2024, up by 1.3% year-on-year, according to data released by the General Statistics Office. In August 2024, production was 15.6Mt, up by 6.3% compared to August 2023. In 2023, the country recorded a cement output of 120Mt, a decline of 4.5% year-on-year.

Pakistan: Recent tax increases on cement have been blamed for a significant decline in demand, with cement despatches falling by 25% in August 2024 compared to August 2023. According to the All Pakistan Cement Manufacturers Association (APCMA), total cement dispatches during August 2024 were 3.37Mt, down by 34% year-on-year from 4.53Mt.

For the first two months of the 2024 financial year, total cement despatches were 6.38Mt, a decline of 18% year-on-year from 7.76Mt in 2023. In August 2024, domestic dispatches decreased by 21% year-on-year to 5.21Mt, and exports dropped slightly by 2% to 1.16Mt.

A spokesperson for the APCMA said "In the current budget, excise duty on cement doubled, alongside significant increases in federal and provincial taxes," adding that no other industry has been taxed as heavily. "The government must reassess its taxation policies to support the struggling construction sector, which is critical for employment and economic stability."

Türkiye: Türkiye’s global cement exports declined by 9% to US$2.1bn during the first half of 2024, according to a statement from the Ministry of Trade. In June 2024, exports dropped by 18% to US$336.5m. However, Türkiye's cement exports to Azerbaijan remained steady at US$24.8m during the first half of 2024. In June 2024, exports to Azerbaijan rose by 16.5% year-on-year to US$3.5m. Since the first half of 2023, Türkiye exported cement products valued at US$4.3bn.

Kyrgyzstan: Starting on 1 October 2024, Kyrgyzstan will enforce a six-month road import ban on several types of cement including Portland cement, alumina cement and slag cement, according to Trend. The Chairman of the Cabinet of Ministers, Akylbek Japarov, signed the decree affecting both ready and clinker forms of these cements. According to the State Statistical Committee of Kyrgyzstan, a 76% year-on-year increase in cement imports from January - May 2024 has been reported, totalling 125,737t. These imports are predominantly from Iran, Kazakhstan, China and Uzbekistan.

Iran: Head of the Iran Cement Association Hamid Farmani reported a 10% decline in Iran's cement production to 76Mt in the year ending 19 March 2024, reports The Tehran Times. Association member Ali-Akbar Alvandian also noted that cement exports fell to 10.5Mt during the period of 21 March 2023 - 21 December 2023, from 13Mt in the previous corresponding period. Annual production is calculated at 90Mt, 60Mt of which is used domestically. 13 white cement projects in the country are currently semi-finished, and if completed will lead to a capacity increase of 8.8Mt/yr.

Farmani said “We predict that in the coming years, the per capita consumption of cement in Iran will approach advanced and developing countries, and the consumption will increase from about 800kg per person to 2000kg per person.”

Pakistan: The cement industry reported a decline in overall despatches from 3.23Mt in July 2023 to 3.01Mt in July 2024, marking a 7% year-on-year fall. Domestic despatches decreased by 11%, while exports rose by 22%, according to The News International.  

A spokesperson for the All Pakistan Cement Manufacturers Association said "Higher taxes and increased input costs are affecting the country's cement sector. This is the 11th straight month during which domestic despatches are showing a declining trend due to sluggish economic activity in the country. The cement industry urges the government to review its taxation policies to reduce the burden of heavy taxes on this important sector of the economy."