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Pakistan’s cement exports surge by 35.92% in FY 2023–24

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Cement prices in Pakistan

Cement prices surge in Pakistan

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Cement exports from Pakistan saw a significant rise of 35.92% during the first ten months of the financial year 2023–24, compared to the same period last year.

According to the Pakistan Bureau of Statistics (PBS), cement exports totaled US $204.546 million from July to April 2023–24, up from US $150.488 million in the corresponding period of 2022–23.

In terms of quantity, exports surged by 63.51%, reaching 5,301,161 metric tons, compared to 3,242,161 metric tons previously.

In April 2024 alone, cement exports recorded a remarkable 66.61% increase year-on-year, reaching US $25.074 million compared to US $15.049 million in April 2023.

On a month-on-month basis, exports also surged by 61.02% in April 2024 compared to March 2024, according to PBS data.

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The substantial increase in cement exports reflects positively on Pakistan’s economic performance and export potential in the construction materials sector, contributing to revenue generation and economic growth.

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