FY25 ends with mixed industrial trends

Published
0

KARACHI: The cement industry ended FY25 on a subdued note as domestic sales declined by 3pc to 37.017 million tonnes, down from 38.181m tonnes in the previous year. However, exports surged by 39.5pc to 9.204m tonnes from 7.110m tonnes, according to data released by the All Pakistan Cement Manufacturers Association (APCMA).

Overall cement despatches — combining local sales and exports — registered marginal growth of 2.05pc, reaching 46.221m tonnes in FY25 compared to 45.291m tonnes in FY24.

In June 2025, local cement despatches stood at 2.597m tonnes, down 16pc from 3.079m tonnes in June 2024. Exports during the month jumped 82pc to 859,204 tonnes from 472,865 tonnes in the same period last year. Total cement despatches in June 2025 were 3.457m tonnes, reflecting a 3pc decline from 3.552m tonnes in June 2024.

An APCMA spokesperson attributed the slowdown in domestic sales to weak demand and urged the government to reduce duties and taxes on cement, calling it a basic necessity rather than a luxury item. “To boost industrial activity and job creation, we must find ways to increase domestic off-take and utilise idle capacity,” the spokesperson said.

Oil sales

The country’s oil sales grew by 7pc in FY25 to 16.32m tonnes, up from 15.28m tonnes in FY24, supported by economic recovery and a decline in fuel smuggling due to regional tensions.

June 2025 oil sales rose by 8pc year-on-year and 2pc month-on-month to 1.57m tonnes.

Petrol (motor spirit) and high-speed diesel (HSD) sales in FY25 increased by 6pc and 10pc, reaching 7.599m tonnes and 6.892m tonnes, respectively. However, furnace oil (FO) sales declined by 23pc to 806,000 tonnes.

Karachi Port activity

Cargo handling at Karachi Port Trust (KPT) rose by 4.45pc in FY25, reaching 54 million tonnes compared to 51.7m tonnes in FY24. It also achieved an all-time high in container handling, recording 2.65m twenty-foot equivalent units (TEUs) during the fiscal year.

Vessel movement also increased by 11pc. Out of 1,943 vessels handled, KPT received 1,093 container ships, 218 bulk carriers, 180 general cargo ships, and 452 liquid bulk tankers in FY25, according to a press release.

Published in Dawn, July 4th, 2025

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...
Terror and politics
Updated 29 Sep, 2026

Terror and politics

There is an urgent need to tone down the rhetoric and tackle terrorism as a collective challenge for both the affected provinces and the federation.
Watching the glaciers
29 Sep, 2026

Watching the glaciers

THE latest signs from Pakistan’s mountains are worrying. Suparco says the number of unfrozen glacial lakes it...
Dangerous agenda
29 Sep, 2026

Dangerous agenda

AS the world remains fixated on the US-Iran conflict, elsewhere in the Middle East, Israel is consolidating its grip...