Cement Sales Increased by 50% in May 2021

In May 2021, Pakistan's cement sector grew by 50% over May 2020, with total cement sales reaching 3.947 million tonnes, up from 2.634 million tonnes the previous month.

According to data supplied by the All Pakistan Cement Manufacturers Association, domestic cement sales managed to climb by 40.95 percent in May 2021, from 2.271 million tonnes in May 2020 to 3.201 million tonnes in May 2021.

Cement exports have risen exponentially during this time, increasing by 105.56 percent from 363,174 tonnes in May 2020 to 746,550 tonnes in May 2021.

Cement companies in the northern area sold 2.713 million tonnes in the domestic market in May 2021, increasing 35.55 percent over the 2.001 million tonnes sent in May 2020. These manufacturers' exports increased to 203,625 tonnes in May 2021, up from 7,520 tonnes in May 2020, owing to contagion limitations.

The mills in the south sent 487,311 tonnes of cement to domestic markets in May 2021, up 81.15 percent from 269,003 tonnes in May 2020, with exports up 52.66 percent to 542,925 tonnes from 355,654 tonnes in May 2020.

Total cement dispatches (domestic and export) were 52.222 billion tons in the first eleven months of the new financial year, up 20.91 percent from 43.189 million tonnes sold in the same period the previous fiscal year.

During the 11-month period, local sales climbed by 20.26 percent to 43.451 million tonnes, up from 36.13 million tonnes the previous year. Exports grew by 24.25 percent from 7.059 million tonnes in the first 11 months of the previous fiscal year to 8.771 million tonnes in July-May FY21.

The northern mills shipped 36.722 million tonnes of cement for domestic consumption during the first 11 months of the current fiscal year, increasing 18.67 percent over the previous fiscal's dispatches of 30.943 million tonnes. The north's exports were 2.365 million tonnes, up 22.89 percent from the 1.924 million tonnes exported over the previous fiscal year.

During July-May, local dispatches from manufacturers in the southern area totalled 6.729 million tonnes, up 29.73 percent from the 5.187 million tonnes despatched during the previous fiscal year's equivalent period. Similarly, shipments from the south were 6.406 million tonnes, up 24.76 percent from 5.135 million tonnes in the same time the previous year.

Along with an APCMA spokesman, the cement sector is one of the largest providers to the national budget, contributing Rs. 143 billion in 2019-20.

The industry has petitioned to eliminate the FED and lower other charges and tax revenues for manufacturers to effectively manage their production costs and optimize/expand their factories, resulting in more jobs and money for the government.

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