CW Group Features CW Research's team latest insights Monday, 02 October 2023 Cement consumption in 2022 revised downwards Global cement consumption for 2022 is now expected to grow by 1 percent Consumption growth prospects for 2026 revised downwards on skyrocketing energy prices Cement consumption in the US to continue to grow this year 14 December Cement equipment upgrades and spares to increase in the next 5 Upgrades and spares segment is likely to grow at an average of 1 percent per year until 2027 Greenfield projects to decline over the next five years Burners to see the smallest decline in terms of market size between 2022-2027 14 December Cement ex-works prices to increase in Europe in 2Q2022 amid Cement ex-works prices are forecast to increase more than 25 percent in Russia and 17 percent in Germany, quarter-on-quarter in the 2Q Sub-Saharan Africa's ex-works prices to rise in the second quarter driven by Nigeria's booming demand India's ex-works prices to climb by 5 percent in the second quarter boosted by the hike in fuels prices 14 December FOB cement prices in the Mediterranean Basin continue on an Cement export prices for bulk ordinary Portland cement both in the Mediterranean Basin and in the Persian Gulf-Arabian Sea regions increased by almost 2 percent month-on-month East African CFR prices for bagged cement continued to rise in May Spanish cement exports continue to post decline in March Cement exports weaken both in Pakistan and Saudi Arabia in April 31 May Higher production costs pressure FOB cement prices in FOB prices for cement in the Persian Gulf and Med Basin increased month-on-month in April East African CFR prices for bagged cement also increased in April Cement exports from Egypt increased in January-February Saudi Arabia's cement exports continued to decline in March 14 December India and Nigeria to lead global cement capacity additions in Capacity additions this year will be led by India and Nigeria, with the first seeing rising demand while the latter is benefiting from high oil prices Cement production capacity in China to decrease by 2026 Western Europe and North America's capacities to remain flat this year 7 June India, Vietnam and Bangladesh to drive demand for new cement In Asia ex-China, capacity additions are expected to decline by an average of 9 percent per year in the next five years Europe's capacity addition to slow down due to geopolitical events China's regulations resulting in fewer capacity additions 14 December Load more Loading... Free NEWSLETTER Please enable the javascript to submit this form FREE SIGN-UP MARKET DATA Vietnam 23 March VIEW Turkey 23 March VIEW Taiwan 23 April VIEW Russian Federation 23 May VIEW Lebanon 23 February VIEW China 23 May VIEW Turkey 23 February VIEW READ MORE MARKET DATA Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.Accept allDecline allCW GroupNewsAcceptDecline