Cement Dispatches Surge in April as Exports Drive Growth

Karachi: Cement dispatches in Pakistan rose significantly in April 2025, reaching a total of 3.34 million tons, marking a 13% increase compared to the same month last year. This growth was propelled by an 8% rise in local offtakes and a notable 35% surge in exports, according to data released by AKD Securities Limited.

The increase in dispatches suggests a recovery in the construction sector, with expectations of further growth in the coming months. Analysts predict that cement prices in the southern region of the country are likely to increase to match those in the northern regions, potentially boosting the profitability of southern-based cement manufacturers.

AKD Securities emphasized the potential benefits for companies operating in the southern region, identifying Lucky Cement (LUCK) and Fauji Cement Company Limited (FCCL) as their preferred picks in the sector. The firm anticipates that by December 2025, the target prices for LUCK and FCCL will be PkR393 per share and PkR61 per share, respectively.

This upward trend in cement dispatches and prices comes amid a low base effect from the previous year, indicating a rebound in both domestic and international demand for Pakistani cement. As the sector continues to recover, it remains to be seen how these dynamics will impact the broader economy.

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