Cement Net Report: Pakistan Cement Exports Surge by More Than 50 Percent in October

2024-11-05 15:40:06

According to the statistics of Pakistan Cement Manufacturers Association, in October 2024, Pakistan's domestic cement sales volume was 3.276 million tons, a slight decrease of 0.49% compared with 3.292 million tons in October 2023. The slowdown of domestic private sector construction industry led to the stagnation of cement demand in Pakistan's domestic market, but the export increased by 51.29%.

According to the statistics of Pakistan Cement Manufacturers Association, in October 2024, Pakistan's domestic cement sales were 3.276 million tons, a slight decrease of 0.49% compared with 3.292 million tons in October 2023. The slowdown of domestic private sector construction industry led to the stagnation of cement demand in Pakistan's domestic market. However, exports increased by 51.29%, climbing from 714,000 tons in October 2023 to 1.081 million tons in October 2024. In the first four months of the fiscal year 2024-25, the total cement sales volume of Pakistan was 14.633 million tons, representing a year-on-year decrease of 7.92% as compared with the previous fiscal year, of which the domestic sales volume was 11.41 million tons, representing a year-on-year decrease of 15.02%, and the export volume increased by 30.74% to 3.223 million tons as compared with the previous fiscal year.

Table 1: Data of cement sales volume in Pakistan (10,000 tons)

Source: Cement Big Data (https://data.ccement.com/), Pakistan Cement Manufacturers Association

The cement production area in Pakistan can be roughly divided into two regions, the north and the south. In the north, there are mainly 11 enterprises in Punjab, Khyber Pakhtunkhwa, Azad Kashmir and Gilgit-Baltistan, while in the south, there are mainly 5 enterprises in Sindh and Balochistan. The cement plants in the north of Pakistan mainly focus on local domestic sales, while the cement plants in the south account for a larger proportion of the export market. Northern cement plants are mainly exported to Afghanistan, while southern cement plants are exported to India, Sri Lanka, the United Arab Emirates and some African countries.

In October 2024, the total cement sales volume of North Pakistan Cement Plant was 2.982 million tons, an increase of 2.76% over the same period last year. The domestic sales volume of 2.779 million tons was basically flat, and the export volume increased from 122,000 tons in 2023 to 203,000 tons. The total cement sales volume of Southern Cement Plant was 1.374 million tons, representing a year-on-year increase of 24.46%, the domestic sales volume was 497,000 tons, representing a year-on-year decrease of 3.06%, and the export volume was 878,000 tons, representing a year-on-year increase of 48.28%. In the first four months of fiscal year 2024-25, the total cement sales volume of Northern Cement Plant was 10.353 million tons, representing a year-on-year decrease of 11.24%, the domestic sales volume was 9.643 million tons, representing a year-on-year decrease of 13.23%, and the export volume increased by 28.95% to 710,000 tons. The total sales volume of Southern Cement Plant was 4.28 million tons, representing a year-on-year increase of 1.25%, the domestic sales volume was 1.767 million tons, representing a year-on-year decrease of 23.57%, and the export volume was 2.513 million tons, representing a year-on-year increase of 31.23%.

Table 2: Sales volume of North and South Cement Plants in Pakistan (10,000 tons)

Source: Cement Big Data (https://data.ccement.com/), Pakistan Cement Manufacturers Association

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