Cement sales jump 41% in May
Total sales reach 3.94m tons against 2.63m tons in May last year
LAHORE:
The cement sector recorded robust growth of 49.86% in May 2021 as total sales reached 3.947 million tons against 2.634 million tons in the same month of the previous fiscal year.
According to data released by the All Pakistan Cement Manufacturers Association (APCMA), local cement offtake in May 2021 rose to 3.2 million tons against 2.27 million tons in May 2020, showing a healthy growth of 40.95%.
Following a similar trend, exports significantly increased by 105.56%, up from 363,174 tons in May 2020 to 746,550 tons in May 2021.
Cement mills based in northern Pakistan sold 2.71 million tons of cement in domestic markets, an increase of 35.55% over two million tons sold in May 2020. Similarly, the mills based in the south recorded 81.15% growth in sales as they shipped 487,311 tons to the local market in May 2021. These mills had dispatched 269,003 tons in May 2020.
Domestic cement consumption jumps by 40 95% in May
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Pakistan’s cement production capacity to increase to 99Mt/yr Written by Global Cement staff
10 May 2021
Pakistan: The All Pakistan Cement Manufacturers Association (APCMA) says that the country’s installed cement production capacity will reach 99Mt/yr within the next few years, with most of the planned work to be completed by mid-2023. The Dawn newspaper has reported that producers are launching new cement plant projects and expanding existing plants with a total new capacity of 18Mt/yr. Upon completion, the current projects will increase domestic cement production capacity by 43% to 99Mt/yr from 69Mt/yr. 94Mt/yr of the new capacity is situated in Northern Pakistan and 5.0Mt/yr in Southern Pakistan.
Cementing exports
May 08, 2021
For any country, exports are a major indicator of their productivity. Cement production, on the other hand, is an indicator of how well is the construction industry progressing. Both of these figures, especially in the context of the latter have shown an uptick in recent years pointing towards a gradual improvement in the economic health of our country. Cement manufacturers in the country have claimed that cement sales have increased multifold on the back of strong domestic consumption and exports.
With the Imran Khan-led government championing the construction sector as the panacea for the economic morass the country finds itself in, the All Pakistan Cement Manufacturers Association (APCMA) say that local sales during July-April 2020-21 surged by 18.87% to 40.249 million tonnes from 33.859 million tonnes in the same period during the last fiscal year. Exports also improved to 8.025 million tonnes during the first 10 months of the ongoing fiscal year
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