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Pakistan’s Cement Industry Reports Slight Increase - LRE-Azan - 02-08-2023 06:44 PM
Pakistan’s Cement Industry Reports Slight Increase
LAHORE: The cement industry in Pakistan saw a slight growth of 1.15% in January 2023 compared to the same period the previous year, with sales reaching 4.005 million tonnes.
According to a report by the All-Pakistan Cement Manufacturers Association (APCMA), local cement sales also increased by 5.24% in January 2023 on a year-on-year basis to 3.587 million tonnes.
However, exports decreased by 24.13% as volume dropped to 418,067 tonnes in January 2023 from 551,006 tonnes in the previous year.
Over the first seven months of the current fiscal year, domestic and export cement sales totaled 25.769 million tonnes, a 17.97% decrease from the 31.416 million tonnes sold the previous year.