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Vietnamese cement consumption rise by 3%

As of September 2015, there was a 3% year-on-year increase in cement consumption in Vietnam to 52.11 million tonnes, said the Ministry of Construction. During the period, cement export declined by 12% year-on-year to 11.85 million tonnes in terms of volume. According to the Building Material Department under the Ministry, 40.26 million tonnes out of the cement consumption of 52.11 million tonnes were sold on the local market, representing an 8% rise year-on-year.
October 7, 2015 Read time: 2 mins

As of September 2015, there was a 3% year-on-year increase in cement consumption in Vietnam to 52.11 million tonnes, said the Ministry of Construction.

During the period, cement export declined by 12% year-on-year to 11.85 million tonnes in terms of volume.

According to the Building Material Department under the Ministry, 40.26 million tonnes out of the cement consumption of 52.11 million tonnes were sold on the local market, representing an 8% rise year-on-year.

In September 2015, total cement consumption dropped by 9% year-on-year to 5.37 million tonnes, which includes 4.27 million tonnes for the local market.

The decline in cement consumption during the month was attributed to the effect of the rains and the “ghost month” during which the start of construction projects are often avoided.

By the end of 2015, the cement industry would have difficulty in exporting cement, as several cement exporters in the region are expected to beef up their volumes to 5 million-6 million tonnes.

Meanwhile, cement consumption in the local market isl likely improve by the end of 2015, which marks the start of the construction season.

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