05/25/2022
Cement consumption in 2022 is expected to grow in Asia ex-China and the Middle East, while declining in Eastern Europe and CIS, according to CW Research’s 1H2022 update of the Global Cement Volume Forecast Report (GCVFR).
Eastern Europe & CIS consumption is estimated to contract by 5 percent, driven by steep declines in Russia and Ukraine.
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Cement consumption is expected to grow in Asia ex-China and the Middle East by an estimated 5 percent and 4 percent year-on-year, respectively, in 2022 While consumption in Western Europe is likely