[Special] Performance of Turkey Cement Market in 2023

2024-01-22 14:04:10

In 2023, Turkish cement prices rose, and downstream concrete products also rose, stimulated by the earthquake. In 2023, the national output is expected to exceed 81 million tons, a record high.

From January to October

2023, Turkey produced a total of 67.024 million tons of cement, an increase of 10.52% over the same period last year. Following the sharp decline in cement production last year, the national output is expected to exceed 81 million tons in 2023, a record high.

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Correlation

Near the end of the year, the domestic concrete market demand continued to weaken, the cost support declined compared with the previous period, and the price of concrete in many places declined steadily. From December 19 to December 25, the national concrete price index closed at 111.39 points, down 0.80% annually and 10.97% year-on-year.