13.11.2019 12:46
Cement Prices in Kyrgyzstan Have Been in Decline This Year
Prices for non-food products in the Republic of Kyrgyzstan have decreased by 0.5%, and cement stands among the top three. According to the head of the price statistics department of the National Statistical Committee of Kyrgyz Republic, Ainura Nurbaeva cement prices in the Republic fell by 3.3% on average. It was announced at a press conference in Bishkek on Tuesday, November 12.
Only for fuels and lubricants experience a more significant price reduction at 8.6% along with liquefied gas falling by 6.7%. All even though inflation in the consumer sector was positive and amounted to 1.2% over nine months.
The maximum increase in prices for non-food products was observed in the Issyk-Kul region by 1.6%. However, its effect on the average result in the country is of little to no significance.
The cement demand in the republic is 1.6 million tons per year, while the design capacity of the factories in Kyrgyzstan is almost 3 million tons per year. According to the National Statistical Committee, the aggregate Kyrgyz plants produced about 1 million tons of cement in the first six months of the year.
The largest plant in the country is located in the city of Kant, Chui Region. It reached the production volume of almost 2 million tons of cement per year by 2018. Manufacturers are ready to increase export output and have already exported over 350,000 tons of cement in H1 2019. About 97% of export currently goes to neighboring Uzbekistan.
Only for fuels and lubricants experience a more significant price reduction at 8.6% along with liquefied gas falling by 6.7%. All even though inflation in the consumer sector was positive and amounted to 1.2% over nine months.
The maximum increase in prices for non-food products was observed in the Issyk-Kul region by 1.6%. However, its effect on the average result in the country is of little to no significance.
The cement demand in the republic is 1.6 million tons per year, while the design capacity of the factories in Kyrgyzstan is almost 3 million tons per year. According to the National Statistical Committee, the aggregate Kyrgyz plants produced about 1 million tons of cement in the first six months of the year.
The largest plant in the country is located in the city of Kant, Chui Region. It reached the production volume of almost 2 million tons of cement per year by 2018. Manufacturers are ready to increase export output and have already exported over 350,000 tons of cement in H1 2019. About 97% of export currently goes to neighboring Uzbekistan.
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