Long-Term Prospects of UAE Cement Industry Are Lucrative, Reports BRICdata

16 Aug 2012 • by Natalie Aster

UAE is ranked as the second-largest producer of cement in the Middle East and North Africa region (MENA), only behind Saudi Arabia. The continued slowdown in the UAE property and construction sector continues to haunt cement companies in the country. This led to an under utilization of capacity and a fall in prices. Production capacity is more than two times the domestic demand and the companies are observing export markets in the MENA region. Margins are shrinking further as operation costs soar and tight operating conditions are prompting companies to look for unfair business practices.

According to the report “The UAE Cement Industry Outlook: Business Opportunities and Future Growth Potential to 2016” by BRICdata, the long-term prospects of the UAE cement industry are lucrative and the industry is expected to reap the benefits of growing investments in infrastructure in the country, GCC and other key foreign markets.

Report Details:

The UAE Cement Industry Outlook: Business Opportunities and Future Growth Potential to 2016
Published: August, 2012
Pages: 48
Price: US$ 1.950,00

Key highlights of this title

• UAE is ranked as the second-largest producer of cement in the Middle East and North Africa region (MENA) 
• UAE has very high surplus production capacity 
• Cement clinker is expected to remain the largest product category in the cement industry over the forecast period. Portland cement and ready-mixed concrete are the other key categories in terms of market value. 
• Refractory cements, mortars and concretes was noted as the fastest-growing category during the review period, while factory-made mortars is projected to be the fastest-growing category over the forecast period 
• Prices of various types of cement remained relatively stable in 2011. Prices of white cement started to slightly increase from the third quarter of the year, while prices of Portland cement and sulfate resistance cement demonstrated a slight downward trend in 2011.

More information can be found in the report “The UAE Cement Industry Outlook: Business Opportunities and Future Growth Potential to 2016” by BRICdata.

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