Iran’s cement export registers over 30% growth

Business Materials 4 September 2018 15:17 (UTC +04:00)

Baku, Azerbaijan, Sept. 4


Iran’s cement export registered a growth by 32 percent during the first four months of the current fiscal year (March 20-July 22), according to the Islamic Republic’s Customs Administration data.

The country exported $107 million worth of cement, in the 4-month period, according to the report.

The volume of the exported cement was 2.7 million tons, 24 percent more year-on-year.

The country also exported 2.2 million tons of clinker, worth $60 million in the same span of time.

In total, Iran exported cement to 27 countries across the world in the period, including Kuwait, Iraq, Afghanistan and Bangladesh.

The Islamic Republic’s cement and clinker export to Oman and Kuwait markets witnessed growth in the period, the report said.

The latest data of the Iranian Ministry of Industries, Mining and Trade says that the country’s cement output amounted to 13.36 million tons during the first quarter of the current fiscal year (March 20-June 20), 5.7 percent less year-on-year.

Iran’s cement production amounted to 55.19 million tons during the last fiscal year, ended March 20, registering no change compared to the preceding year, according to the statistics of the country’s Cement Industry Employers Association.

The country’s clinker output reached 58.1 million tons, 1 percent more year-on-year.

Iranian cement producers supplied over 49 million tons of cement to domestic market in the last fiscal year, which is 3 percent more compared to the preceding year.

The Islamic Republic exported six million tons of cement (16.8 percent less) and six million tons of clinker in the 12-month period (6 percent more), the association’s data indicates.

Iran's cement sector, is suffering from various problems, including deep recession in construction activities and an inadequate provision of natural gas to industrial users, as well as a considerable export fall due to some regional issues, which has resulted in losing markets such as Iraq and Afghanistan.

Cement production capacity of Iran soared from 29.5 million tons in 2001 to 83 million tons in 2017. The number of cement producing factories also increased from 30 to 72 in the same time span.