Morocco’s gloomy outlook for cement sector for 2014

According to the most recent analysis of the cement sector by Bourse Msin, 2014 will probably be a third consecutive year of a decline in sales. In the year to the end of August 2014, sales fell 4.98% in volume terms to 9.3 million tonnes. The drop in sales is due to a drop in demand for housing and construction, which consumes 80% of production. The drop in demand for property is due to rising prices, banks who do not want to lend, and increased prices for construction materials. Budgetary cuts i

September 23, 2014 Read time: 1 min

According to the most recent analysis of the cement sector by Bourse Msin, 2014 will probably be a third consecutive year of a decline in sales.

In the year to the end of August 2014, sales fell 4.98% in volume terms to 9.3 million tonnes. The drop in sales is due to a drop in demand for housing and construction, which consumes 80% of production.

The drop in demand for property is due to rising prices, banks who do not want to lend, and increased prices for construction materials.

Budgetary cuts in 2013 also had an effect, and this is expected to continue into 2015.

The sector is also suffering from over-production.

In addition, in the third-quarter of 2015, work starts fell 51% year-on-year and the number of work permits granted fell 46% due to a drop in sale by property developers.

Quarry Products

Morocco: Msin gives outlook for cement market

According to brokerage company Msin, sales of cement rose 26.5% in August 2014, after seven months of declining sales.

In the first eight months sales fell 5% year-on-year to 9.3 million tonnes.

While the government talks about a recovery, specialists believe a recovery will take another few years.

Msin forecasts a drop of 4.1% in 2014, followed by an increase of 2% in 2015 and a drop of 1% in 2016.

It forecasts average annual growth of 0.39%, from 14.2 million tonnes in 2014 to 15.5 million ton

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A mixed outlook for Eastern Europe’s aggregates industry

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HeidelbergCement’s 3% revenue rise to €3.61bn in Q3 2015

March 7, 2016

New transport infrastructure boon for Eastern Europe aggregates producers

Big transport infrastructure spending is creating exciting possibilities for Eastern Europe-based aggregate suppliers and quarry operators, many of whom are benefiting from more efficient production. But the Russian aggregates market remains severely depressed. Guy Woodford and Eugene Gerden report.

There’s big money being poured into Eastern European transport infrastructure, with aggregate suppliers and quarry-based equipment manufacturers set to benefit.

A huge area geographically, comprising more