Cement volumes: Cement volumes stood higher by ~12% YoY at 243 million MTPA in 7M FY2024 and are likely to grow by 9-10% in FY2024 to around 425-430 million MTPA driven by demand from urban housing and infrastructure sectors. The volumes may grow by 8-9% to around 460-465 million MTPA in FY2025.
اقرأ المزيدAs overall demand for cement has shifted from the developed to the developing world, most new capacity investment is located in Africa, Latin America, and Southeast Asia, with China shifting to a more mature stage. The cement industry has not, however, taken full advantage of reallocation.
اقرأ المزيد6 Seasonality: A Crucial Factor Influencing Demand Side of the Industry 6 Regionwide Variation of Cement Consumption in the Country 7 FACTORS BEHIND THE GROWTH AND DEMAND IN THE CEMENT INDUSTRY 7 Resilient Economic Growth of the Country 8 Cement Demand Trends: Assessment of Major Consumption Markets in Housing, …
اقرأ المزيدThe cement industry is excelling in Pakistan due to its high demand. Cement consumption, as well as exports, are rising domestically since after the resumption of all the business activities that are facing a decline due to the coronavirus pandemic.
اقرأ المزيدBack then, cement capacities were carefully planned and between 2005 and 2008, driven by strong demand, the utilization rates pan-India crossed 90%. That gave cement companies unprecedented pricing power and per-ton EBITDA more than doubled to over INR1,100.
اقرأ المزيدDevelopment of cement industry in Bangladesh, the 20th largest cement market in the world, dates back to the early-fifties. But until the first half of 1990s, approximately 95% of the country's cement demand were met through import. After getting policy support from the Government, local cement industry started
اقرأ المزيدCement demand in the 1Q22 was 7.96Mt (+3.1 per cent YoY) and in the 2Q22 it fell to 7.55Mt (-2.5 per cent YoY). Consequently, the robust industry revenues uplift was clearly supported by higher average selling prices (ASP) that stood at NGN63,977/t in the 1Q22, a rise of 32.7 per cent YoY.
اقرأ المزيدEurope Cement Industry Outlook from 2023 to 2033. The cement industry size in Europe reached US$ 18,178.4 million in 2022. Over the forecast period, cement demand in Europe is anticipated to rise at 5.3% CAGR. The industry is predicted to increase from US$ 19,026.5 million in 2023 to US$ 31,742.5 million in 2033.
اقرأ المزيدThis provided an essential boost to the cement industry of Pakistan, which already faced the challenge of a high supply and low demand. The cement sector of Pakistan is a booming industry with impressive year on year growth trends, and with timely government intervention, the industry was able to achieve staggering growth in FY2020.
اقرأ المزيدBy FY 2027, the demand for cement in India is anticipated to reach 419.92 Million Tonnes. According to the IMARC report, the CAGR for the cement market in India is predicted to be 4.8% from 2022 to 2027. Crisil Ratings predicts that by FY24, the Indian cement industry will likely add 80 MTA capacity, the most in ten years.
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