Sales of cement increased due to increased domestic demand and exports

Cement sales in June reached 5.3 million tonnes, up 2% from a year earlier, news sources reported on June 27. Domestic consumption also increased by 9% to 5.07 million tons. Domestic consumption also reportedly increased by 60% in June compared to May 2022.

 According to data shared by the All Pakistan Cement Manufacturers Association (APCMA), exports in June 2022 fell by 58% year-on-year to 230,000 tonnes. Southern-based exports amounting to 130,000 tons.

 Some of the report’s key data highlights include:

Exports showed improvement on a monthly basis (m/m, m/m), increasing by 32%, with exports from the North increasing by 36% and exports from the South by 29%. Shipments continue to lag, with fiscal year 2021-22 (FY-22) down 44% year-on-year to 5.2 million tonnes due to slowing seaborne exports to Bangladesh and Sri Lanka and liquidity problems in neighboring Afghanistan markets. was recorded.

 During fiscal year 2022, the North recorded 40.43 million tonnes, down 6% year-on-year. decreased significantly year-on-year. 64% to 910,000 tons. 

 Southern-based shipments were down 12% year-on-year, and exports were down 36%. Meanwhile, domestic demand in the local southern market remained subdued, rising 9% year-on-year to 8.22 million tonnes in FY2022.

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