According to BDL’s Data , Cement deliveries were slashed by an annual 60% in the 8 months of 2020, to stand at 817,168 tons compared to 2.24M tons in the same period last year. In addition, the six-month moving average of the number of cement deliveries also fell by 53.95% year-on-year (y-o-y), to settle at 139,919 tons by August 2020.
The performance of the Lebanese Cement industry is mainly related to that of construction a. Lebanon has been witnessing an economic crisis, which is reflected by the 43.46% yearly slump in the construction Area authorized by permits to reach 2.86M square meters by June 2020.
Total Monthly Cement Deliveries (tons)
Source: Banque du Liban