Russian Cement Market: Results of 2020 and Short-Term Prospects
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Information on the state and main trends of the cement market development in Russia in 2020 is provided. According to the results of 2020, 55.99 million tons of cement were produced in Russia (97.1% compared to the same period of the previous year). The fall peaked in April, when cement production fell by 17.6%, but later production volumes began to gradually recover. The main volume of cement produced in 2020 fell on the share of Portland cements without mineral additives, the volume of production of this product amounted to 34.51 million tons (61.6% of the total Russian cement output). According to the GS-Expert, in case of favorable development of the epidemiological situation in the country and the absence of new restrictions, the resumption of growth of the domestic economy and the preservation of a stable ruble exchange rate in 2021, the growth rate of cement production and consumption in the country will be about 3–5% compared to 2020, followed by a slowdown to 2–3% in 2022–2023.
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For citation: Semenov A.A. Russian cement market: results of 2020 and short-term prospects. Stroitel’nye Materialy [Construction Materials]. 2021. No. 3, pp. 4–6. (In Russian). DOI: https://doi.org/10.31659/0585-430X-2021-789-3-4-6