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WhatsApp: +86 18221755073Cement industry overview. According to the United States Geological Survey (USGS), cement production grew steadily in 2000 - 2005 to reach 8Mt. 2 In 2006, production began to grow more rapidly, ultimately reaching a peak of 21.9Mt in 2008, in the middle of an unprecedented construction boom in the UAE and the GCC. Production …
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WhatsApp: +86 18221755073*India's cement production reached 374.55 million tonnes in FY23, a growth rate of 6.83% year-on-year (yoy). * Indian cement demand is projected to grow by 6-7% in FY25, following a strong 7-8% YoY growth in the last quarter of FY24. Despite a pricing downturn due to increased competition, average cement prices declined by around 1.5% in FY24.
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WhatsApp: +86 18221755073In 2023, after three years of growth, there was decline in the Middle Eastern cement market, when its value decreased by -1.8% to $16B. Overall, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $18B in 2015; however, from 2016 to 2023, consumption failed to regain momentum.
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