third quarter of 2025, the latest data released by the Bureau of Statistics of Madeira Autonomous Region showed that the local cement sales volume reached 45,100 tons, an increase of 5.2% over the second quarter and a slight increase of 1.1% over the same period last year, the first rebound after two consecutive quarters of decline. During the same period, sales exceeded 6.9 million euros, an increase of 5.6% on a month-on-month basis, and a double-digit increase on a year-on-year basis, showing the structural improvement brought about by the increase in the proportion of high value-added products or the increase in the average price, with the average price reaching 153 euros/ton, equivalent to RMB 1259 yuan/ton.
However, the statistics Bureau specifically warned in the communique that this "technical rebound" was not enough to offset the cumulative decline in the first two quarters: In the first nine months of 2025, the total sales volume of Madeira Cement still fell by 3.2% compared with the same period last year, but thanks to the increase in unit prices, the sales volume increased by 4.6% against the trend, showing a deviation from the situation of "volume price reduction and increase". It reflects that the recovery of the local construction market is still fragile.
Madeira Autonomous Region, located in the Atlantic Ocean about 1000 kilometers southwest of Portugal, consists of Madeira, Saint Port Island and two uninhabited islands, with a total area of 740 square kilometers and a population of about 250000. Funchal, the capital, is a famous cruise stop and flower producing area in Europe. Limited by volcanic landforms and steep coasts, the island is short of land for construction, and transportation projects mostly rely on tunnels and viaducts, which require high cement quality. In recent years, the Portuguese central government has incorporated Madeira into the "2030 Atlantic Strategy" plan, focusing on port expansion, tourism infrastructure upgrading and renewable energy substitution, theoretically bringing medium- and long-term support to cement demand. In the short term, whether the local market can continue to recover in the third quarter still depends on the progress of public works funding and the speed of recovery of private building permits.
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