[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

Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.