LAHORE - The cement export from the country increased by almost 36 percent in August 2018 as 0.56 million tons of cement was exported in this duration against 0.41 million tons export of same period in 2017. However, export dispatches in north zone declined by 29.66 percent while in south zone they grew by 158.40 percent.

According to the statistics of APCMA, the growth in cement export by sea has increased by 133.71 percent from 0.14 million tons in July 2017 to 0.34 million tons in July 2018 to other countries which offset the decrease of exports to Afghanistan and India. Its export to Afghanistan and India decreased by around 44.88 percent and 44.43 percent respectively in the same duration. The industry experts said that the growth in exports is consistent but is higher due to smaller base of exports. They said that the most pleasing aspect of recent surge in cement sector is the resurgence of exports that had been going down during 2008-2017 periods but has started recovering steadily for the last few months and the trend continued in Aug 2018.

They expressed hope that after the induction of new government the economic activities would grow and the cement demand would increase. It is expected the new economic managers to make the necessary changes in policy that the industry has been demanding to further boost demand, and also take measures to boost export opportunities in neighboring countries. Experts said that exports are changing gears, as following fresh supply addition of 7.25m tons in 2HFY18 by four players, industry exports have expectedly shifted its course. The downtrend in cement exports seen in past eight years have effectively reversed since 2HFY18 as existing players shifted their focus on optimal utilization of new capacities.