According to the central bank of Lebanon , Cement deliveries decreased by an annual 4.69% by August 2018 to stand at 3.20M tons, compared to 3.35M tons by August 2017. In fact, the number of construction permits also dropped by a yearly 17.67% to reach 9,342 by August 2018 according to the Orders of Engineers in Beirut and Tripoli .
It is worth mentioning that the six-month moving average of the number of cements deliveries declined by 4.41% year-on-year (y-o-y), to reach 430,784 tons by August 2018.
Total Monthly Cement Deliveries (M tons)
Source: Banque du Liban