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Global oil well cement consumption is poised to increase through 2024, with key markets such as the US and Saudi Arabia forecast to experience robust average growth rates above 50 percent, according to CW Research's World Oil Well Cement Market Forecast 2024.
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According to CW Research's 2018 update of the Kenya Cement Market Report, cement consumption in the country is forecast to increase at an annual average rate of almost six percent, exceeding seven million tons by 2023.
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According to CW Research's Cement and Clinker Price Assessments for Mediterranean Basin and Persian Gulf, FOB prices for cement and clinker recorded a slight decrease in both regions in December.