Report: Egypt is world's fastest-growing cement exporter, ranking 8th - News Summed Up

Report: Egypt is world's fastest-growing cement exporter, ranking 8th


CAIRO – 21 August 2022: The World's Top Exports website released a report on the global sales of cement exports in 2021, indicating that Egypt ranked eighth worldwide, and that it is the fastest-growing cement exporter since 2020, recording a rise in the value of its cement exports of 189.4 percent. The total value of the world's cement exports in 2021 is $12.9 billion, with Egypt's share being 3.1 percent, which is $393.8 million. The report pointed out that cement exports grew globally by 27.1 percent and 12.3 percent compared to 2017 and 2021, respectively, when the amounts were $10.1 billion and $11.45 billion. It is also noted that just 25 countries make up 77.1 percent of the world's cement exports. Six countries acquired 66.3 percent of total Egyptian cement exports in January and February, the council noted.


Source: Libya Today August 21, 2022 13:54 UTC



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