Pakistan to Become World's 6th Largest Cement Producer By 2030

[RiazHaq]

http://www.riazhaq.com/2019/12/pakistan-to-become-worlds-6th-largest.html

Pakistan's rank as world's leading cement producer will rise from 12th in 2018 to 6th by 2030. It will replace Japan among the world's top 10 cement producing nations in 2030, according to World Cement Association forecast. Cement consumption is an important indicator of development activity and economic growth. Pakistan's domestic cement sales are continuing to grow, up 9.2% in October, 2019 from the same month last year. Total sales (local and export) in 4-month period between July and October 2019 stood at 16.117 million tons, 4.5 per cent higher than 15.419 million tons during the same period last year.




Last year, Pakistan produced 41.14 million tons of cement, according to International Cement Review. The country's cement industry has already built capacity to produce 59.5 million tons in anticipation of future demand for housing and infrastructure. World Cement Association expects Pakistan to produce 85 million tons, 2% of the world's cement production in 2030.

Currently, China produces more than half of all the cement used in the world. India produces 8% and and European Union 3%. The three will continue to be at the top in 2030. However, China's share will drop to 35% while India's share will double to 16%.

Pakistan's domestic cement sales grew 9.2% in October, 2019 from the same month last year. Total sales (local and export) in 4 months period between July and October 2019 stood at 16.117 million tons, 4.5 per cent higher than 15.419 million tons during the same period last year. Cement consumption is an important indicator of the state of economy. It is the most important construction material. It drives construction industry that is among the biggest employers in the world. Cement is used to build homes, factories, schools, hospitals, roads, bridges, ports and all kinds of other infrastructure.

Development of infrastructure under China Pakistan Economic Corridor projects is continuing to drive cement demand in the country. In addition, construction of major new housing communities are underway. One example of such a community is Karachi's Bahria Town. It is being built on the outskirts of Pakistan's financial capital is among the world's largest privately developed and managed cities. It is spread over an area of a little over 70 square miles, larger than the 49 square miles area of San Francisco. When completed, Bahria Town will house over a million people, more than the entire population of San Francisco.

Related Links:

Haq's Musings

South Asia Investor Review

Karachi's Bahria Town

M5 Motorway to Boost Pakistan's Transport Sector

Pakistan is World's Fastest Growing Steel Producer

Pakistan's Gwadar: The Next Shenzhen?

Pakistan Sees Robust Growth in Auto, Energy and Cement Sectors

Appliance and Vehicle Ownership Rates in Pakistan

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http://www.riazhaq.com/2019/12/pakistan-to-become-worlds-6th-largest.html

 

[khansaheeb]

Does that mean that more houses will be built and that the acute housing crisis will be solved?

 

[GHALIB]

that is good news for housing and infrastructure industry .

 

[Manidabest]

http://www.riazhaq.com/2019/12/pakistan-to-become-worlds-6th-largest.html

Pakistan's rank as world's leading cement producer will rise from 12th in 2018 to 6th by 2030. It will replace Japan among the world's top 10 cement producing nations in 2030, according to World Cement Association forecast. Cement consumption is an important indicator of development activity and economic growth. Pakistan's domestic cement sales are continuing to grow, up 9.2% in October, 2019 from the same month last year. Total sales (local and export) in 4-month period between July and October 2019 stood at 16.117 million tons, 4.5 per cent higher than 15.419 million tons during the same period last year.




Last year, Pakistan produced 41.14 million tons of cement, according to International Cement Review. The country's cement industry has already built capacity to produce 59.5 million tons in anticipation of future demand for housing and infrastructure. World Cement Association expects Pakistan to produce 85 million tons, 2% of the world's cement production in 2030.

Currently, China produces more than half of all the cement used in the world. India produces 8% and and European Union 3%. The three will continue to be at the top in 2030. However, China's share will drop to 35% while India's share will double to 16%.

Pakistan's domestic cement sales grew 9.2% in October, 2019 from the same month last year. Total sales (local and export) in 4 months period between July and October 2019 stood at 16.117 million tons, 4.5 per cent higher than 15.419 million tons during the same period last year. Cement consumption is an important indicator of the state of economy. It is the most important construction material. It drives construction industry that is among the biggest employers in the world. Cement is used to build homes, factories, schools, hospitals, roads, bridges, ports and all kinds of other infrastructure.

Development of infrastructure under China Pakistan Economic Corridor projects is continuing to drive cement demand in the country. In addition, construction of major new housing communities are underway. One example of such a community is Karachi's Bahria Town. It is being built on the outskirts of Pakistan's financial capital is among the world's largest privately developed and managed cities. It is spread over an area of a little over 70 square miles, larger than the 49 square miles area of San Francisco. When completed, Bahria Town will house over a million people, more than the entire population of San Francisco.

Related Links:

Haq's Musings

South Asia Investor Review

Karachi's Bahria Town

M5 Motorway to Boost Pakistan's Transport Sector

Pakistan is World's Fastest Growing Steel Producer

Pakistan's Gwadar: The Next Shenzhen?

Pakistan Sees Robust Growth in Auto, Energy and Cement Sectors

Appliance and Vehicle Ownership Rates in Pakistan

China-Pakistan Economic Corridor

Gated Communities in Pakistan

Gwadar vs Chabahar

Travel and Tourism Boom in Pakistan

http://www.riazhaq.com/2019/12/pakistan-to-become-worlds-6th-largest.html

good as long as the cement industry does not pollute the environment, does not use too much water and doesnt cause health problems in public

 

[Kambojaric]

Does that mean that more houses will be built and that the acute housing crisis will be solved?

Given the rate at which the Pakistani populace is growing, it is inevitable that alot more housing will be built in the coming years. Will they be built at a fast enough rate to solve the housing crises is something nobody can answer, but the cement sector will grow never the less.

 

[jupiter2007]

Karachi is destroyed by corrupt mafia.

Pakistan should design and develop self sustaining cities with modern architecture and improve infrastructure of the current cities.

All past Corrupt governments were against development of new coastal cites. It was China who showed interest in Gwadar for CPEC project otherwise Gwadar will still be small fishing town.

Building new coastal cities like Jiwani, Pasni, Ormara, Sonmiani, and proposed city near Keti bundar should be the top priority of current government.

multiple coastal cities with modern infrastructure including ports will be able reduce pressure from Karachi. It will also be able to provide quality of life, Business opportunities and jobs to masses.

 

[God Parshuram]

Does that mean that more houses will be built and that the acute housing crisis will be solved?

Build Bamboo Houses. It is very good. It will solve Housing problem as well as they are environment friendly as well. i am going to build one.

 

[jupiter2007]

Build Bamboo Houses. It is very good. It will solve Housing problem as well as they are environment friendly as well. i am going to build one.

you will need a bamboos for that and we don’t grow bamboo in Pakistan.

 

[God Parshuram]

I think Pakistan's cement quality is very good.

 

[God Parshuram]

you will need a bamboos for that and we don’t grow bamboo in Pakistan.

Then start growing. Many experts say that bamboo has the capability to solve housing and pollution problems of world. I have a dream of Having a Bamboo house in my farm house. It seems to be happening.