Displaying items by tag: Sales
Cement sales fall by 10.7% in 2016 in Argentina
07 February 2017Argentina: Sales of cement have fallen by 10.7% year-on-year in 2016, according to data from the National Statistics and Censuses Institute (INDEC). Overall, the domestic construction sector declined by 12.7% in 2016
Brazilian cement body says 2017 may be worst year ever
19 January 2017Brazil: The National Union of Cement Industry (SNIC) has said that 2017 may be the worst year on record for the local cement industry. Domestic sales of cement fell by 11.7% year-on-year to 57.2Mt in 2016. SNIC’s new president Paulo Camillo Penna described the situation as the worst in the industry’s history. He added that following capacity utilisation rates of 70% in 2015 and 57% in 2016 that he expects the rate to fall below 50% in 2017. SNIC forecasts that sales of cement will contract by 5 – 7% in 2017.
Pakistan cement sales to grow by 28Mt by 2020 says association
09 January 2017Pakistan: The All Pakistan Cement Manufacturers Association expects local cement sales to grow by 26 – 28Mt by 2020. It made the forecast as part of a six- month review of the industry. Chairman Sayeed Saigol said that local sales grew by 8.6% year-on-year to 19.8Mt in the first half of the country’s financial year to 30 June 2017 from 18.2Mt in the same period in the previous period. Based on current growth trends he added that the industry would need to increase its production capacity. To this end it is increasing capacity to 72.3Mt/yr from the current capacity of 46Mt/yr.
Despite the anticipated growth in cement sales Saigol defended import duties to the countries on the grounds that the government benefits from taxation of the local industry. He has also urged the government to support the industry by placing an anti-dumping duty on Iranian cement. Exports of cement fell by 3.5% year-on-year to 2.91Mt from 3.02Mt with a particular fall in exports to Afghanistan.
Polish cement producers to meet sales forecast in 2016
04 January 2017Poland: The Polish cement industry is expected to meet a sales forecast of 15.8Mt made by the Polish Association of Cement Producers (SPC). Jan Deja confirmed the prediction based on data for November and December 2016 from the Central Statistical Office (GUS) and the weather at this time in comments made to the Polish News Bulletin. He added that 2016 had seen a 'significant' drop in investments and that a boom in residential construction had compensated for a decline in infrastructure development. However, tenders for infrastructure projects have been launched suggesting that sales might reach up to 16.5Mt in 2017.
Cement sales and production continue to fall in Puerto Rico
22 December 2016Puerto Rico: Cement production has fallen by 30% year-on-year to 756,000 bags in the first eleven months of 2016 from 1.08M bags in the same period in 2015. Cement sales fell by 13% in the same period, a faster rate of decline than 8.5% in 2015 and 9.8% in 2014, according to local press. The decline has been attributed to a lack of funding supporting infrastructure projects and a slowdown in the residential construction sector.
Annual cement sales up by 8.15% so far in Dominican Republic
01 December 2016Dominican Republic: Adocem, the cement association for the Dominican Republic, has reported that sales have risen by 8.15% year-on-year to 4.3Mt so far in 2016, according to the Listin Diario newspaper. Association president Gabriel Ballestas commented that the industry has benefited from government efforts and other local industries.
Indonesian cement sales fall in September 2016
12 October 2016Indonesia: The Indonesian Cement Association (ASI) has reported that cement sales in September 2016 fell by 3.3% to 5.64Mt compared to August 2016. It blamed the decline on lower demand from the local housing industry. Cement sales fell sharply in Java, Sumatra and Kalimantan, while eastern parts of Indonesia, including Sulawesi, Maluku and Papua, saw an increase in sales, according to the Jakarta Globe.
"Weakening sales may be due to the lower demand from houses and apartments. Demand from infrastructure projects has been picking up since the second quarter of 2016, but still can't make up for the lack of demand from the property sector," said ASI chairman Widodo Santoso.
National cement sales rose by 2.95% year-on-year to 44.7Mt in the first nine months of 2016 and the ASI expects sales growth of 3 – 4% for 2016. However, cement producers fear that this growth rate will be insufficient to sustain investments in new cement plants. The ASI says that cement production in Indonesia has exceeded demand by more than 30%.
Vietnam cement sales may reach 95Mt/yr by 2020
22 September 2016Vietnam: Vietnam’s cement sales are predicted to reach 95Mt by 2020 says Nguyen Quang Cung, chairman of the Vietnam Cement Association (VNCA). The total will include 80Mt/yr of domestic sales and 15Mt/yr of clinker and cement exports, according to the Vietnam News Agency.
Vietnam’s domestic cement sales are predicted to rise by 5 - 5.5Mt/yr to hit 80Mt by 2020. The country’s cement and clinker exports will stay at 15Mt/yr, Cung added, noting that Vietnam will be able to satisfy the demand. He also predicted that the country’s cement sales will reach 77Mt in 2016, including of 60Mt of domestic sales and 15.5 – 17Mt of exports.
The Ministry of Construction previously forecast that Vietnam’s sales of cement and clinker would rise 4 - 7% year-on-year to 75 – 77Mt in 2016 despite on-going economic problems.
Pakistan records strong cement sales growth in mid-2016 despite Afghan export drop
07 September 2016Pakistan: Total cement despatches in Pakistand during the first two months of the current fiscal year clocked up at 4.9Mt, a 14% increase from 4.3Mt recorded in same period of 2015-16. However, according to data released by the All Pakistan Cement Manufacturers Association (APCMA), overall export despatches have decreased: Exports in July-August were down almost 1% on a year-on-year basis to 1.022Mt. Overall domestic sales in August rose 21% to 3.02Mt from 2.5Mt in August 2015. Cement sales in the north zone were 2.495Mt in August, up 22.6% from a year ago. In the south zone sales recorded an increase of 13.2% at 0.532Mt from the same month of 2015.
Exports to Afghanistan dropped 12% to 346,928t in July-August on an annual basis, APCMA data shows. Exports by sea suffered even more. As opposed to 537,120t exported during the first two months of the preceding fiscal year, exports by sea in July-August 2016 were 407,120t, showing 24% decline on an annual basis.
However, increased exports to India made up for these shortfalls to some extent. Exports to India during the first two months of the current fiscal year grew 167% year on year to 268,230t.
A spokesman for the APCMA said the industry has been doubling its production capacity every seven to eight years. The buoyancy in the sector on the back of healthy domestic consumption during the last 20 months has encouraged the industry players to go for further capacity expansion. He said growth in the sector during the first two months of the fiscal year was in spite of Eid holidays. Growth of domestic consumption in August was also 'impressive,' as consistent rains failed to hurt construction activities, he added. He said upcoming projects along the China-Pakistan Economic Corridor (CPEC) will further boost cement consumption.
The industry has yet to realise its export potential due to the lack of support from the government. The loss of the Afghanistan market is a matter of concern for the industry, which has been marginalised there because of subsidised Iranian exports.
Philippines: Cement sales have risen by 10.7% year-on-year to 13.2Mt in the first half of 2016 due to increased government spending on infrastructure and improved private sector involvement in construction. Ernesto Ordoñez, president of the Cement Manufacturers Association of the Philippines, also cited good weather as helping drive up sales, in comments made to the Philippine Daily Inquirer. Private sector construction constitutes 76% of cement sales, while public construction projects use the remaining 24%.