The German Cement Works Association (VDZ) reports that cement consumption rose 2.2% y/y in 2014 to 27.1 million t.
"Significant catch-up effects from 2013 and mild weather really bolstered cement consumption, particularly in the first quarter of 2014," said Gerhard Hirth, President of VDZ, adding that housing was a particular growth market. However, the generally reserved economic climate had a dampening effect on construction investment over the rest of the year. Hirth also noted that cement manufacturers have managed to increase their market share over recent year ‘due to the advantages of concrete construction in multi-storey buildings’.
According to the figures now available, domestic demand for cement was almost completely covered by German manufacturers last year. Imports came in at just 1.2 million t, or 4% of demand. At around 6.2 million t, cement and clinker exports from Germany were just under the level of the previous year.
According to Gerhard Hirth, the German cement industry has started 2015 with a positive outlook. "Due to the dynamic overall economic development and the continuing high demand for new housing, we are expecting growth of around 1% in cement consumption to approximately 27.3 million t over this year," he said.
VDZ comprises 20 German cement manufacturers, with a total of 50 cement plants. The sector generates an annual turnover of around €2.3 billion in Germany, and employs approximately 7600 people.
Adapted from press release by Katherine Guenioui
Read the article online at: https://www.worldcement.com/europe-cis/10032015/germany-cement-consumption-rises-22-percent-in-2014-488/