Pakistan exports record 5.7 million tons of cement
The cement sector in Pakistan has reported the highest ever monthly sales in October 2020.
According to the data released by All Pakistan Cement Manufacturers Association (APCMA), 5.735 million tons of cement was exported in October.
The domestic sales of cement in October 2020 increased by 15.83 per cent to 4.859 million tons from 4.195 million tons in October 2019, while exports registered an increase of 11.58 per cent, increasing to 875,266 tons from 784,433 tons in the same month last year.
In the north region, domestic cement despatches increased by 15.53 per cent to 4.165 million tons during October 2020 from 3.605 million tons in October 2019. Exports from the north increased by 8.54 per cent to 0.283 million tons in October 2020 from 0.261 million tons in October 2019.
There has been positive growth in the southern region as well where the domestic cement despatches increased by 17.70 per cent to 695,221 tons from 590,690 tons in October 2019. Exports from the South continued to grow and increased by 13.09 per cent to 591,877 tons in October this year from 523,353 tons in October 2019.
In the first four months of this fiscal year, 19.321 million tons of cement was despatched, which is 19.89 per cent higher than the first four months of the last fiscal year.
Total cement dispatches during the first four months of the current fiscal year increased by 19.89 per cent to 19.321 million tons from 16.116 million tons in July-Oct 2019. Domestic despatches registered a healthy increase of 17.94 per cent, increasing from 13.315 million tons to 15.704 million tons.
Exports also showed encouraging growth increasing by 29.15 per cent from 2.8 million tons to 3.617 million tons.
In the South (Sindh-Balochistan) the domestic growth remained healthy at 12.08 per cent as consumption in the first four months increased from 1.860 million tons to 2.085 million tons this year.
The exports from the south posted a growth of 46.56 per cent in the first four months of this fiscal which increased to 2.712 million tons from 1.85 million tons during Jul-Oct 19.