Country witnesses surge in cement exports
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KARACHI: Cement exports from Pakistan saw significant rise in September 2024, business people said, citing data released by All Pakistan Cement Manufacturers Association.
As per released data, exports surged by 71.52 percent, reaching 978,871 tonnes, compared to 570,692 tonnes in same month last year. However, on other hand, domestic cement sales continued to decline, dropping by 18 percent in September 2024.
Overall, cement sales for month fell by 5.63 percent, with total sales at 3.540 million tonnes compared to 3.751 million tonnes in September 2023. During July-September 2024 period, domestic sales were down 19.78 percent, totaling 8.130 million tonnes.
Meanwhile, cement exports during this period rose by 22.19 percent, reaching 2.140 million tonnes. This marks fourth consecutive month of declining domestic sales, despite growth in exports.
Published in The Daily National Courier, October, 04 2024
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