According to the final figures for the 4. quarter in 2023, Türkiye’s annual cement production increased to 81.451 Mta, after 73.747 Mta in 2022. The cement production in the 4.Q increased by 8.6% YoY to 21.784 Mt, after 20.054 MT in the 4.Q in 2022. The annual cement capacity utilization increased to 55.0%, which is very low on an average global scale.