Russia’s cement prices further increase by +17% in 2024

Since June 2021 to June 2024, Russia’s cement prices increased by more than 60%. In June 2024 the average cement prices increased by 17.0% to 6514 Rub/t, after 5686 Rub/t in June 2023.

Since June 2021 to June 2024, Russia’s cement prices increased by more than 60%. In June 2024 the average cement prices increased by 17.0% to 6514 Rub/t, after 5686 Rub/t in June 2023.

In the first 7 months of 2024, Azerbaijan’s cement exports declined by -8.2% to 0.424 Mt, after 0.462 Mt in the same period last year and 0.379 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 half of 2024, Azerbaijan’s cement production increased by +13.3% to 1.997 Mt, after 1.762 Mt in the same period last year.

In the first half of 2024, Russia’s cement production increased by +4.8% to 30.013 Mt, after 28.631 Mt in the same period last year. However, in the 2. quarter the increase was only +2.6% YoY.

In the first 5 months of 2024, Kyrgyzstan’s cement production declined -5.7% to 1.014 Mt, after 1.075 Mt in the same period last year.

In the first half of 2024, Kazakhstan’s cement production declined by -5.3% to 5.338 Mt, after 5.636 Mt in the same period last year and 5.913 Mt 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 5 months of 2024, Azerbaijan’s cement imports declined by -9.5% to 7.6 kt, after 8.4 kt in the same period last year and 12.1 kt in the year before.

In the first 5 months of 2024, Uzbekistan’s cement production by large plants increased +35.6% to 6.226 Mt, after 4.590 Mt in the same period last year.