In 2025, with the termination of the government's "preferred mortgage" program, Russia's real interest rate rose further, the demand for housing construction weakened significantly, the number of new projects of real estate developers fell by nearly 40%, and construction activities tended to stagnate. At the same time, Russia's public financial expenditure continues to shift from civil infrastructure to national defense and military fields, and the demand for cement at the infrastructure end also shows a downward trend. Overall, in 2025, Russia's domestic cement consumption dropped to 60.7 million tons, a decrease of about 9% over the same period last year.
From the regional perspective, the decline of cement consumption in the Siberian Federal District is the most obvious, with a year-on-year decline of about 16%; followed by the Southern and Ural Federal Districts, with a year-on-year decline of about 13%; the cement consumption in the Volga and Far East Federal Districts decreased by 11% and 10% respectively; Declines in the Northwest, Caucasus and Central Federal Districts were relatively small, with cement consumption falling by 8%, 6% and 3% respectively.
Figure 1 Significant decline

in cement consumption in Russia in 2025 Data source: Union Cement Company, Cement Big Data (https://data.ccement.com/)
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