Pakistan’s Cement Sales Increase By A Record 44% In March 2021

In March 2021, cement mills in the North dispatched 3.809 million tonnes to local markets against 2.749 million tonnes in March 2020, up by 38.52%.

1
The Power Cement Ltd. plant in Nooriabad, Sindh, Pakistan. (Asim Hafeez/Bloomberg)

The cement sector posted the highest-ever monthly growth of 44.39% in March, to 5.773 million tonnes from 3.722 million tonnes, in the same period last year.

This was due to a massive increase in domestic consumption and exports.

The information was revealed by the All Pakistan Cement Manufacturers Association (APCMA) data on Friday.

According to data, local cement dispatches in March 2021 were 4.563 million tonnes, up by 42% compared to 3.214 million tonnes in the same period last year.

Meanwhile, exports increased by 60%, from 507,480 tonnes in March 2020 to 810,962 tonnes in March 2021.

In March 2021, cement mills in the North dispatched 3.809 million tonnes to local markets against 2.749 million tonnes in March 2020, up by 38.52%.

In the same period, south-based mills dispatched 753,704 tonnes in domestic markets, which was 62.28% higher than 464,440 tonnes in the same period last year.

Exports from North-based mills saw an enormous increase of 162.58% as the volumes increased from 106,759 tonnes in March 2020 to 280,330 tonnes in March 2021.

On the other hand, exports from the south surged by 32.42% to 530,632 tonnes in March 2021 from 400,721 tonnes during the same month last year.

During the first 9 months of the current fiscal year (9MFY21), the total cement dispatches (domestic and exports) were 43.325 million tonnes.

This was 17% higher than the total of 37.035 million tonnes during the corresponding period of the last fiscal year.

The APCMA spokesman said overall growth was accompanied by some worrisome signs as the power and coal rates were consistently increasing.

“Cement is an energy-intensive product. The industry is finding it difficult to operate due to the rise in major input cost elements,” the spokesman said.

“The industry is not demanding any special favors but wants to be treated on a par with five export-oriented sectors. Import levies on coal have to be rationalized as it is the chief input of the cement sector,” he added.

What are your views on this? Share with us in the comments below.

  • Is that right ? Where all the cement going ? Must be to fortify the Bongi Ares sitting in Bani Gala . Common Pakistanis are dying from hunger and inflation .


  • Featured Content⭐


    Most viewed in last 24 hours


    24 گھنٹوں کے دوران 🔥


    >