Global cement consumption for 2022 is now expected to grow by 1 percent Consumption growth prospects for 2026 revised downwards on skyrocketing energy prices Cement consumption in the US to continue to grow this year

FOB prices for cement in the Persian Gulf and Med Basin increased month-on-month in April East African CFR prices for bagged cement also increased in April Cement exports from Egypt increased in January-February Saudi Arabia’s cement exports continued to decline in March

Cement ex-works prices are forecast to increase more than 25 percent in Russia and 17 percent in Germany, quarter-on-quarter in the 2Q Sub-Saharan Africa's ex-works prices to rise in the second quarter driven by Nigeria's booming demand India's ex-works prices to climb by 5 percent in the second quarter boosted by the hike in fuels prices

Upgrades and spares segment is likely to grow at an average of 1 percent per year until 2027 Greenfield projects to decline over the next five years Burners to see the smallest decline in terms of market size between 2022-2027

In Asia ex-China, capacity additions are expected to decline by an average of 9 percent per year in the next five years Europe's capacity addition to slow down due to geopolitical events China's regulations resulting in fewer capacity additions

The cement equipment market size is expected to decrease by 6 percent each year between 2022 and 2027 Spares and upgrades segments are likely to dominate the equipment market by 2027 Functional equipment is expected to be the main driver over the 5-year forecast period

Gray cement export is estimated to increase by 4 percent in 1Q2022 quarter-on-quarter Since the start of the Russia-Ukraine conflict, there was a new surge in prices across different shipping rates, impacting cementitious products export pricing Turkey remained the largest global exporter of gray cement in 4Q2021