In June 2014, total Pakistani cement dispatches reached 3.217 million t, up 11.68% on the 2.88 million t sold in June 2013. During the month exports increased by 2.9% y/y, coming in at approximately 685 000 t. Domestic dispatches of cement were also higher than in the corresponding month last year, rising by 14.32% to 2.532 million t.
During the 2013/2014 fiscal year, total dispatches grew by 2.52% y/y to 34.273 million t. Within this, cement consumed on the national market increased by 4.32% y/y from 25.06 million t to 26.14 million t. However, exports were down on 2012/2013 fiscal year, falling by 2.87% to 8.13 million t.
Maple Leaf has signed a 3-year agreement with Pakistan Railways for the transport of cement to Karachi, while India’s ASSOCHAM proposes investment plan for the country’s rail system that could aid industry.
Pakistan’s construction sector saw 11.31% y/y growth in the current fiscal year on the back of increased government spending, while the country’s GDP rose by 4.14%.