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Cement export to India up by 2.82% to 696,417 tons in FY13-14

byCustoms Today Report
03/08/2015
in Business
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LAHORE: The export of local cement export to India has increased by 2.82 per cent to 696,417 tons from 677,306 tons during the fiscal year 2013-14.

However, the overall cement exports during June 2015 were 552,000 tons against 688,000 tons during June 14, reflecting the massive decline of 19.77pc. Total despatches during the corresponding month were 3.266 million tons as compared to 3.225 million tons during the same month last year, showing a marginal increase of 1.27pc, mainly affected due to the substantial downfall in exports.

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The overall situation during fiscal year 14-15 showed a growth of 3.27pc compared to the last fiscal year as total dispatches increased to 35.4 million tonnes against 34.28 million tonnes from July 13 to June 14.

Statistics show that dispatches to Afghanistan suffered badly during the fiscal year 14-15. The quantum of exports to Afghanistan was reduced by 21.4pc to 2.87 million tonnes, as compared to 3.65 million tonnes during the fiscal year 13-14. Exports by sea also reduced to 3.62 million tonnes during fiscal year 14-15 against 3.8 million tonnes during the preceding fiscal year, showing a decline of 4.69pc. Region wise, the north-based mills posted year-on-year decline of 17.56pc in exports while the south-based mills posted a nominal year-on-year growth of 0.34pc.

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