Market Growth

Cement consumption in Spain grew by 7.5% YoY in January to 1,134,659t, reported the Spanish cement association. In the moving year (February 2024-January 2025) demand edged up by 3.5% YoY to 14.983Mt. 

Export sales expanded by 11.5%  to 322,800t in January 2025 from 289,586t in January 2024. However, in the moving year, exports were down 5.2 % to below 5Mta. 

Source: CemNet

News Date: 28 Feb, 2025

Lucky Cement held its corporate briefing on 21 February to discuss its 2QFY24-25 operational and financial performance. The company reported a consolidated NPAT of PKR 21.4 billion (US$76.5 million), up 22% YoY. The cement business remains a stand-out performer, with strong profitability driven by lower coal prices and higher YoY cement prices.

According to a brief note from IMS Research, Lucky Cement recorded domestic sales of 3 Mt in 1HFY24-25, down 14% YoY. The company’s main export markets include Africa, Sri Lanka, and Bangladesh.

Source: CemNet

News Date: 25 Fab, 2025

To meet increasing demand for white cement in Saudi Arabia and elsewhere, Riyadh Cement converted its grey cement Line 1, into a dual-purpose line that will also be able to produce 1800tpd of white cement as and when the market requires it.

Source: CemNet

News Date: 7 Feb, 2025

Tanzania’s healthy GDP growth and government investment underpin expectations of further gains in cement demand. Following recent robust growth and capacity utilisation rates, cement producers are managing expectations by expanding capacities to benefit from future market demand.

Source: CemNet

News Date: 17 Feb, 2025

Cement consumption in Brazil saw a 5.4% increase in January 2025, as SNIC, the country's cement association, reported domestic sales of 5.174 Mt, compared with 4.911 Mt in January 2024.

Sales in the southeast were up 5.4% YoY to 2.335 Mt in January 2025, from 2.215 Mt. In the northeast, volumes increased by 6% YoY to 1.149 Mt, up from 1.084 Mt. In the south, sales advanced by 12% YoY to 0.905 Mt, compared to 0.717 Mt in January 2024.

Source: CemNet

News Date: 17 Feb, 2025

Increasing Infrastructure Development: The UK government allocated £14 billion for infrastructure projects in 2023, focusing on sustainable materials. This aligns with the demand for premium materials like white cement for high-end commercial and residential construction, such as bridges, airports, and high-rise buildings. White cement’s aesthetic appeal and durability make it a preferred choice for urban development.

Rise in Demand for Luxury Housing: The UK House Builders Federation reports a 7% increase in luxury housing developments in 2023 compared to 2022, primarily in London. This has led to a higher consumption of white cement, a preferred material for its clean and sleek finish, which enhances the aesthetic appeal of upscale properties and commercial buildings.

Source: Verified Market Research

News Date: 17 Feb, 2025