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Cement market news in early 2021

INFORMATION ABOUT THE WORLD AND VIETNAM CEMENT MARKET

Italy’s cement output in the first 6 months of the year increased by 32%

According to information from Federbeton, Italy’s cement output in June 2021 increased by 2% over the same period last year, after increasing by 18% in May 2021. Overall, in the first 6 months of 2021, output increased by 32% over the same period last year.

In May 2021, Italy imported 151,444 tons of cement, an increase of 75% over the same period last year. Turnover reached 7,772 million EUR, average price 51 EUR/ton CIF. In addition, cement exports in May 2021 increased by 10%, to 148,311 tons. Turnover reached 8,962 million EUR, average price 60 EUR/ton FOB, slightly down from 62 EUR/ton in April 2021. However, in recent months, cement export prices have increased compared to 56 EUR/ton at the beginning of 2021.

Bolivia’s cement consumption increased by nearly 26%

According to data from the Bolivian Bureau of Statistics – INE, Bolivia’s cement consumption in June 2021 reached 289,440 tons, an increase of 25.6% compared to the 230,378 tons achieved in June 2020. However, it has decreased by 30%. .3% compared to the level of 330,612 tons achieved in June 2019.

Bolivia’s cement output in June 2021 reached 299,517 tons, an increase of 25.5% compared to the 238,640 tons achieved in June 2020. However, it is still down 29.6% compared to the 339,171 tons reached in June 2019.

Vietnam’s cement consumption in July 2021 decreased by 8%

According to the Vietnam Cement Association (VNCA), cement consumption in Vietnam in July 2021 decreased by 8% compared to July 2020, down to 4,964,884 tons and down 19% compared to 6,095. 139 tons in June 2021.

In particular, cement consumption of Vietnam Cement Corporation – VICEM decreased by 8% to 1,627,342 tons compared to July 2020 and decreased by 22% compared to 1,853,650 tons in June 2021, while consumption Cement consumption of joint venture companies decreased by 25% over the same period to 1,037,542 tons and decreased by 28% compared to 1,434,489 tons in June 2021.

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However, cement consumption by domestic manufacturing companies increased by 2% compared to July 2020, to 2.3 million tons, but decreased by 18% compared to 2.807 million tons in June 2021.

Overall, in the first 7 months of 2021, Vietnam’s cement consumption increased by 6% over the same period last year to 38.575 million tons; Of which, VICEM increased by 4%, to 12.209 million tons, while joint venture companies decreased by 5% to 9.076 million tons; Domestic cement production companies increased by 14%, to 17.29 million tons.

Colombia’s cement consumption increased by 4%

According to the Colombian Department of Statistics – DANE, Colombia’s cement consumption in July 2021 reached 1,132 million tons, up 3.6% compared to the 1,093 million tons achieved in July 2020 and also up 7.5% compared to with 1.113 million tons in July 2019.

Cement consumption especially increased sharply for ready-mixed concrete (up 11.9% compared to July 2020), of which wholesale cement for large construction projects increased by 6.4%, cement sold retail decreased by 1%. Compared to July 2019, retail sales increased by 5.5%, but wholesale sales for large construction projects decreased by more than 2% while ready-mix concrete decreased by 7.6%.

Total wholesale sales of all types of cement in July 2021 increased by 13.8% while total retail sales decreased by 0.5% compared to July 2020. Compared to July 2019, wholesale sales decreased by 1.4% and retail sales increased by 3.2%.

Cement output in Colombia in July 2021 reached 1.202 million tons, up 6.2% compared to 1.311 million tons in July 2020; Compared to July 2019, it also increased by 1.7% compared to 1.118 million tons.

Overall, in the first 7 months of 2021, cement consumption reached 7,328 tons, up 28.4% over the same period last year.

Domestic cement output in the first 7 months of 2021 reached 7,701 million tons, up 27.8% compared to 6,024 million tons in the same period in 2020.

Pakistan’s cement exports decreased in July 2021

Pakistan’s cement and clinker exports in July 2021 decreased in both volume and turnover compared to the previous month and also decreased compared to the same month in 2020.

The Pakistan Cement Manufacturers Association (APCMA) attributed the downward trend in both domestic and export exports to rainy weather and the suspension of construction activities due to the Muslim holiday Eid-ul-Azha across the country. the country of Pakistan.

According to the Pakistan Bureau of Statistics (FBS), in July 2021, Pakistan’s cement industry exported 299,605 million tons of cement, reaching a turnover of 11,967 million USD, down from 372,580 tons, equivalent to 14,325 million USD in June 2021, a decrease of 19.6% in volume and a decrease of 16.5% in turnover.

Compared to July 2020, it also decreased by 50% and 47.8% in volume and turnover, respectively. In July 2020, exported 741,391 tons of cement, reaching 22,925 million USD.

Pakistan cement output increased by 27%

According to data from FBS Financial Company, it is estimated that Pakistan’s industrial production index increased by 14.9% in the fiscal year from July 2020 to June 2021 compared to the same period last year, in That includes cement production, this growth is thanks to the development of housing construction programs in the country.

In the fiscal year from July 2020 to June 2021, Pakistan’s cement production increased by 27.3% over the same period last year, to 49.803 million tons, in June 2020 alone.

Source: Cement Newspaper

Supas Vietnam Daily Newspaper 2021

Contact number: +84 369 980 010

2 Replies to “Cement market news in early 2021”

  1. The article “Cement Market News in Early 2021” provides a detailed snapshot of the global cement industry’s performance, highlighting significant trends and statistics from various countries. It begins by noting Italy’s substantial increase in cement output, underscoring a positive trend in production and trade volumes. This growth is mirrored in Bolivia, where cement consumption saw a notable rise, reflecting increased construction activity.

    Conversely, Vietnam experienced a decline in cement consumption in July 2021, attributed to economic factors and seasonal fluctuations. Despite this, the overall trend for the first seven months showed growth in domestic consumption and production, albeit with variations across different sectors within the industry.

    Colombia also demonstrated growth in cement consumption, particularly in segments like ready-mixed concrete, pointing to a robust demand in specific construction sectors. Meanwhile, Pakistan faced challenges with decreased cement exports due to adverse weather and local holidays impacting construction activities.

    Overall, the article provides a comprehensive overview of how different factors, such as economic conditions, seasonal variations, and industry-specific dynamics, influence the global cement market. For anyone involved or interested in the construction materials sector, this analysis offers valuable insights into regional performance and trends shaping the industry’s landscape in early 2021.

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