Armenia’s cement consumption exceeded 1.5 Mta
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!
Tag Armenia
Armenia’s cement capacity utilization rate >90%
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.
Armenia with highest cement consumption increase
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…
Armenia’s accumulated cement production is in the plus
In Armenia, from January to November 1.052 Mt of cement have been produced. This is an increase by +15.2% compared to 0.913 Mt in the same period last year. However, in November the production declined by -20.7% YoY to 0.087…
Armenia’s cement production increase is freezing
In Armenia, from January to October 0.965 Mt of cement have been produced. This is an increase by +20% compared to 0.804 Mt in the same period last year. However, in October the production declined by -15.4% YoY to 0.082…
In Armenia in 1H 2023 the cement production up by +41.7%
In Armenia, in the first half of 2023 the cement production increased by +41.7% to 0.604 Mt from 0.426 Mt in the same period last year. In the 1.Q the increase was +45.95, while in the 2.Q in 2023 the…