According to data released by the Ukrainian Cement Association, Ukraine's cement consumption increased by 17%, from 4.6 million tons in 2022 to 5.4 million tons in 2023.
Ukrainian Cement Association, Ukraine's cement consumption increased by 17%, from 4.6 million tons in 2022 to 5.4 million tons in 2023. Pavlo Kachur, head of the
Ukrainian Cement Association, said that cement consumption is expected to continue to grow slightly in 2024.
Despite the ongoing war, the local cement industry says it is considering plans to meet future market demand, such as repairing plants in Baraklia and Kramatorsk, and possibly even building new production lines.
According to data released by the Ukrainian Cement Association, Ukraine's cement consumption increased by 17%, from 4.6 million tons in 2022 to 5.4 million tons in 2023.
2024-04-19 14:12:53
CEMPI
102.5
0 0%
CONCPI
90.44
0.00 0.00%
CLKPI
110.03
0.00 0.00%
SPPI
44.93
0.00 0.00%
MORPI
73.32
0.00 0.00%
More vigilance is that capacity replenishment is essentially a reinvestment behavior, for cement enterprises, as soon as possible to recover investment costs is the core demand, which means that the probability of enterprises will significantly increase capacity utilization next year. For enterprises with no overproduction space and no capacity to supplement, they can only produce in strict accordance with the approved capacity. It is difficult to reconcile the uneven and "unfair" contradictions at the operational level, which will further aggravate the instability of the cement market next year. It can be predicted that after this round of supplementary production, a new round of market competition in the cement industry will begin.
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