Dilemma for EA cement firms: production set to pass consumption
Although demand for cement in the East African region is expected to rise in coming months, profit margins don’t look so promising. Photo/FILE
East Africa’s cement industry could see realignments in coming months, as a combination of increased production capacity, management changes and new government policies fuel the battle for market share.
New data shows that production is expected to rise sharply with the setting up of new production plants and enhanced efficiency, growing faster than current consumption levels and creating more supply in a market that already has a surplus.
