Cement consumption increases by 2.6% over the same period07/05/2021
According to statistics from the Ministry of Construction, in March, consumption of cement products reached about 8.87 million tonnes, up 1.5% over the same period last year, of which domestic consumption was about 5.02 million tonnes.
Accumulation of the first quarter of 2021, total cement consumption reached 21.6 million tonnes, up 2.6% year-on-year, in which, domestic consumption reached 13.48 million tonnes, and cement export reached 3.59 million tonnes, up 9.5%; while clinker export was estimated at 4.53 million tonnes, a year-on-year increase of 7.3%.
At the same time, the amount of cement in stock nationwide in the first three months of the year totals about 4.6 million tons, equivalent to 20 to 25 days of production, mainly clinker.
According to experts, although this is the slowest time for cement consumption in the year, the consumption results are quite positive. In the context that the COVID-19 epidemic has been effectively controlled and the path to economic recovery is becoming more and more clear, cement production is expected to increase as major construction projects are about to be deployed in the near future.