Turkey, with a cement production capacity of 148 million tons, is a major cement producer in the world, and export is an important channel for Turkey to digest production capacity. In the first half of 2024, Turkey's exports suffered a decline, but the start of its domestic post-disaster reconstruction projects injected vitality into the Turkish cement market, and the growth of domestic cement demand effectively alleviated the impact of the decline in exports.
First, Turkey's domestic demand for cement rose
. The damage and losses caused by the two strong earthquakes in Turkey in 2023 continued until the first half of 2024. The Turkish parliamentary survey estimated that the losses caused by the earthquake were as high as $148.8 billion. The Turkish government promised to build more than 600000 new houses. Help people rebuild their homes. Turkey's domestic demand for cement has boomed thanks to post-disaster reconstruction. According to the data of Turkish Cement Association, the total sales volume of Turkish cement from January to April 2024 was 25.33 million tons, an increase of 19.81% over the previous year, and the domestic sales volume of cement was 20.96 million tons, an increase of 28.94% over the previous year.