FOB prices for bulk ordinary Portland cement increase in the Mediterranean Basin and the Persian Gulf-Arabian Sea, while CFR prices decline in East Africa Cement consumption decreases in Morocco in the first two months of 2023 Exports maintain upward trend in Saudi Arabia

Cement demand in Kenya is forecast to increase at an annual average rate of almost 6 percent Clinker imports are expected to decline with an increase in local capacity Kenyan cement exports are expected to grow as a result of increased capacity

Cement ex-works prices are forecast to range from a decrease of more than 3 percent in Costa Rica to an increase of around 8 percent in Nigeria Sub-Saharan Africa's ex-works prices expected to rise on a quarterly basis Costa Rica to see the largest decline in ex-works cement prices

The global CW price index for gray cement exports is forecast to increase almost 1 percent quarter-on-quarter in 1Q2023 The Middle East region expected to see a decline in prices North America and the Caribbean to lead the CW price index for gray cement exports

  Year-to-date through December 2022, Pakistan sees a significant drop in cement sales Investment in construction boosts Argentina's cement demand China's cement output was restricted by the Zero-Covid policy in 2022

FOB prices for bulk ordinary Portland cement increase in the Mediterranean Basin and the Persian Gulf-Arabian Sea, while CFR prices rise in East Africa Cement demand rises in Spain after five months of declines Exports maintain an upward trend in Saudi Arabia in November

  Cement demand is expected to increase on the back of infrastructure projects Exports are likely to remain stable in the next five years Cement capacity is projected to grow as a result of further investment