July 2, 2021 (MLN): The cement sector has posted a growth of 12.73 % YoY in June 2021. Total Cement despatches in June 2021 were 5.211 million tons against 4.623 million tons the same month of last fiscal year.
Local sales in June 2021 have risen to 4.668 million tons against 3.834 million tons despatched in June 2020, marking a growth of 21.74% YoY.
Exports fell by 31.12% YoY to 542,622 tons in June 2021 compared to 787,842 tons exported in June 2020.
Region-wise, domestic cement despatches in the North during June 2021 increased by 14.06 percent to 3.859 million tons from 3.384 million tons in June 2020
Exports from the North massively increased by 337.89 percent to 201,540 tons in June 2021 from 46,025 tons in June 2020.
In the South region, domestic cement despatches increased by 79.35 percent to 808,490 tons during June 2021 from 450,792 tons in June 2020. Exports from the South, however, decreased by 54.02 percent to 341,082 tons in June 2021 from 741,817 tons in June 2020.
During FY21, Cement despatches posted robust growth as they grew by 20.12% to 57.433 million tons from 47.812 million tons during FY20.
The start of construction activities under the Naya Pakistan Housing Scheme and good PSDP spending helped the cement sector to witness record-breaking growth.
