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Cement exports decline by 22.54% to 3.8m tons in 8 months

Cement exports decline by 22.54% to 3.8m tons in 8 months

LAHORE: The cement exports from the country registered a massive decline of 22.54pc as the volumes reduced from 5 million tons during July 2014-Feb 2015 to 3.8 million tons during July 2015- Feb 2016.

However, overall the cement industry has posted a growth of 8.71pc during the first eight months of current fiscal year compared with same period during last fiscal year. The overall domestic and exports volumes were 2,981,904 tons and 467,287 tons respectively during Feb 2016 compared to 2,297,568 tons and 460,510 tons during Feb 2015. The domestic sales in north during Feb 16 were 2,428,597 tons compared to the domestic sales of 1,885,982 tons during same month last year, showing growth of 28.77 percent.

The local sales in South during February 16 were 553,307 tons compared to the local sales of 411,586 Tons during same month last year showing growth of 34.43 percent. Exports from southern units during February 16 declined by 18.9% to 169,809 tons against 209,461 tons done during February 15. Exports from north increased from 251,049 tons during February 15 to 297,478 tons during February 16 i.e. by 18.5 percent. Total despatches increased from 2.758 million tons during February 15 to 3.449 million tons during February 16 showing increase of 25.06 percent that has been the highest overall increase in a month during the first eight months of current fiscal.