Cement Demand and Production Trends in Russia: 2023-2024 Market Dynamics

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In the Russian domestic market, cement consumption has recently shown a noticeable uptick. Data indicate an 8% rise to 5.4 million tons, driven by the onset of the construction season and a surge in low-rise housing projects. This trend comes from reliable market observations reported by Kommersant and based on analysis from Soyuzcement, reflecting a more active phase in construction and material demand at the start of the year.

At the same time, cement production in Russia has grown as well. The latest figures place output at around 5.2 million tons, a reflection of the broader uptick in construction activity across the country. During January through March, the construction sector expanded by 8.8% in value, reaching approximately 2.26 trillion rubles in monetary terms. This correlation between higher demand for cement and a stronger construction market underscores the linkage between material supply chains and ongoing development projects in the period observed.

By April, cement consumption stood near 5.4 million tons with production at 5.2 million tons, marking increases of about 8% and 4% year over year, respectively. In March, the yearly trend showed consumption growing to around 4.7 million tons, alongside a measurable growth rate. The momentum in construction reported for January to March, rising 8.8% to 2.26 trillion rubles, helps explain the continued strengthening of cement demand and materials allocation within construction budgets and planning cycles for the year ahead.

Experts note that despite substantial trade restrictions and occasional disruptions in supply chains, the Russian federation has managed to stabilize its cement, aerated concrete, and related building materials sectors. At the start of 2023, indicators pointed toward a gradual stabilization of the market, with producers and manufacturers adapting to shifting conditions and moving toward steadier production levels. This broader resilience signals a foundation for ongoing supply reliability and continued investment in the building materials sector, even amid external pressures and regional market volatility. This assessment reflects the ongoing responses from industry associations and market analysts who track capacity, inventories, and output trends across key regions and product lines.

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