ISLAMABAD: Cement dispatches increased by 37.04% in Aug 2023. Total Cement dispatches during Aug 2023 were 4.518 million tons against 3.297 million Tons dispatched during the same month of last fiscal year, says APCMA message received here Monday.
According to the data released by All Pakistan Cement Manufacturers Association (APCMA), local cement dispatches by the industry during the month of August 2023 were 3.793 million tons compared to 2.909 million tons in August 2022, showing an increase of 30.38%. Exports dispatches also increased by a healthy 87.07% as the volumes grew from 387,440 tons in August 2022 to 724,777 tons in August 2023.
In August 2023, North based cement mills dispatched 3.252 million tons cement showing an increase of 25.28% against 2.596 million tons dispatches in August 2022. South based mills dispatched 1.265 million tons cement during August 2023 that was 80.63% more compared to the dispatches of 700,436 tons during August 2022.
North based cement mills dispatched 3.088 million tons cement in domestic markets in August 2023 showing an increase of 23.32% against 2.504 million tons dispatches in August 2022. South based mills dispatched 704,582 tons cement in local markets during August 2023 that was 73.99% more compared to the dispatches of 404,959 during August 2022.
Exports from North based mills increased by 78.54% as the quantities escalated from 91,963 tons in August 2022 to 164,195 tons in August 2023. Exports from South also increased by 89.72% to 560,582 tons in August 2023 from 295,477 tons during the same month last year.
During the first two months of current fiscal year, total cement dispatches (domestic and exports) were 7.747 million tons that is 45.17% higher than 5.337 million tons dispatched during the corresponding period of last fiscal year.
Domestic dispatches during this period were 6.573 million tons against 4.796 million tons during same period last year showing an increase of 37.05%. Export dispatches also witnessed increase by 117.13% as the volumes rose to 1.175 million tons during the first two months of current fiscal year compared to 540,957 tons exports done during same period of last fiscal year.