Cement dispatches declined by 24 percent during August 2022 in Pakistan

Total cement dispatches declined by 23.98 percent in August 2022 to 3.296 million tons against 4.336 Million Tons dispatched during the same month of last fiscal year, according to the data released by All Pakistan Cement Manufacturers Association (APCMA). The breakdown shows that local cement dispatches by the industry during August 2022 were 2.90 million tons compared to 3.81 million tons in August 2021, showing a decline of 23.75 percent. Exports dispatches also declined by 25.70 percent as the volumes reduced from 521,468 tons in August 2021 to 387,440 tons in August 2022.

In August 2022, North-based cement mills dispatched 2.59 million tons of cement, showing a decline of 20.93 percent against 3.28 million tons dispatched in August 2021. South-based mills shipped 700,436 tons of cement during August 2022, which was 33.50 percent less than the dispatches of 1.05 million tons during August 2021.

North-based cement mills dispatched 2.50 million tons of cement in domestic markets in August 2022, showing a decline of 20.29 percent against 3.14 million tons dispatches in August 2021. South-based mills dispatched 404,959 tons of cement in local markets during August 2022, which was 39.88 percent less than the dispatches of 673,572 tons during August 2021.

Exports from North-based mills also declined by 35.15 percent as the quantities reduced from 141,804 tons in August 2021 to 91,963 tons in August 2022. Exports from the South also decreased by 22.17 percent to 295,477 tons in August 2022 from 379,664 tons during the same month last year.

During the first two months of the current fiscal year, total cement dispatches (domestic and exports) were 5.336 million tons, which is 35.20 per cent lower than 8.235 million tons dispatched during the corresponding period of last fiscal year. Domestic dispatches during this period were 4.795 million tons against 7.261 million tons the previous year, showing a reduction of 33.95 per cent. Export dispatches were also 44.47 per cent less as the volumes reduced to 540,957 tons during the first two months of the current fiscal year compared to 974,245 tons of exports done during the same period of last fiscal year.

North-based Mills dispatched 4.121 million tons of cement domestically during the first two months of the current fiscal year showing a reduction of 31.69 percent to cement dispatches of 6.033 million tons during July-August 2021. Exports from the North declined by 41.53 percent to 162,210 tons during July-August 2022 compared with 277,422 tons exported during the same period last year.

Domestic dispatches by South-based Mills during July-August 2022 were 674,436 tons showing a reduction of 45.08 percent over 1.228 million tons of cement dispatched during the last fiscal year. Exports from the South declined by 45.65 percent to 378,747 tons during July-August 2022 compared with 696,823 tons exported during the previous year.

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Posted in Cement & Steel News.

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