Armenia’s cement imports boom +50.8% in 10M 2024

In the first 10 months in 2024, Armenia’s cement imports increased by a massive +50.8% to 0.475 Mt, after 0.315 Mt in the same period last year and 0.132 Mt in the year before.

In the first 10 months in 2024, Armenia’s cement imports increased by a massive +50.8% to 0.475 Mt, after 0.315 Mt in the same period last year and 0.132 Mt in the year before.

In the first 9 months in 2024, Armenia’s cement imports increased by +55.5% to 0.423 Mt, after 0.272 Mt in the same period last year and only 0.102 Mt in the year before.

In the first half of 2024, Armenia’s cement imports increased by +64.7% to 0.252 Mt, after 0.153 Mt in the same period last year in 0.073 Mt in the year before.

In the first 5 months of 2024, Armenia’s cement imports surged by +64.7% to 0.196 Mt, after 0.119 Mt min the same period in last year and 0.062 Mt the year before.

In the first 4 months of 2024, Armenia’s cement imports surged by +82.9% to 0.139 Mt, after 0.076 Mt min the same period in last year. April 2024 contributed to 0.051 Mt, which is a 84% YoY increase.

In the first quarter of 2024, Armenia’s cement imports nearly doubled at a low level to 0.0455 Mt, after 0.0251 Mt in the same period last year.

In the first 2 months of 2024, Armenia’s cement imports increased by a massive +81.3% to 0.0455 Mt, after 0.0251 Mt in the same period in 2023. While the imports still declined by -28.9% YoY in January, they saw a…

In 2023, Armenia’s cement consumption massively increased by 29.1% to 1.530 Mta, after 1.185 Mta in 2022. The per capita cement consumption (PCC) increased from 395 kg to 509 kg!

90% In 2023, Armenia’s cement production increased by 13.1% to 1.136 Mta, after 1.004 Mta in 2022. The cement capacity utilization increased from 80.3% to 90.8%, which will result into a capacity expansion in the near term.

increase In Armenia, from January to November the cement consumption increase to 1.413 Mt. This is an increase by +31.2% compared to 1.077 Mt in the same period last year. The high increase in the consumption was achieved with 0.361…