Summary Cement exports also jumped by massive 184pc in previous month
LAHORE (Web Desk) - Cement sales in Pakistan rose 57.44 per cent to clock in at 3.212 million tonnes in July 2023 against 2.040 million tonnes during the corresponding period of last fiscal year, data released by the All Pakistan Cement Manufacturers Association (APCMA) shows.
Cement manufacturers sold 2.776 million tonnes in the domestic market during July, compared to 1.887 million tonnes in July 2022, showing an increase of 47.15pc.
Cement exports also increased by a massive 183.91pc, as volumes went up from 153,517 tonnes in July 2022 to 435,854 tonnes in July 2023.
A region-wise breakdown showed that north-based cement makers despatched 2.473 million tonnes, up 46.54pc against 1.688 million tonnes despatched in July 2022.
Units down south sold 739,376 tonnes of cement during July 2023, which was 109.61pc more compared to 352,747 tonnes sold during July 2022.
Domestically, factories up north sold 2.351 million tonnes of cement in July 2023, up 45.37pc from 1.617 million tonnes sold in July 2022. Similarly, units down south based despatched 425,336 tonnes of cement in local markets during July 2023 which was 57.84pc more compared to the despatches of 269,477 tonnes during July 2022.
The association's spokesman says the start of the current fiscal year looks promising as compared to last year, but domestic despatches in July 2023 were almost 20pc less than in June 2023.
