Gabon cement market (2012 update)

Background.......... 4

Executive summary.... 6

The economy and the construction sector........... 7

Economy......... 7

Figure: Economy and population....... 8

Outlook... 8

Construction.... 9

Figure: Construction sector and the economy........... 10

Table: Construction sector importance and growth.. 10

Projects......... 11

Cement market. 12

Market overview.... 12

Incumbent operations...... 14

Figure: Principal existing plants..... 14

Figure: Cement plant locations....... 16

Market shares........ 17

Figure: Market share distribution............ 17

Demand and supply.. 18

Figure: 2005-2011 cement supply-demand balance.......... 18

Demand......... 19

Figure: 2005-2011 cement demand......... 19

Imports.......... 20

Figure: Import share... 20

Figure: Cement & clinker imports: product types and evolution. 21

Figure: Cement & clinker import countries....... 22

Exports.......... 22

Figure: Cement imports and exports....... 23

Figure: Cement Exports: product types and evolution........ 24

Supply........... 25

Figure: 2005-2011 annual cement production........... 25

Figure: Capacity utilization (2006-2011).......... 26

Expansion and greenfield projects...... 26

Figure: Major upgrades and new plants............ 28

New capacity......... 28

Figure: Cement production capacity (2005-2015E)... 28

Figure: Nameplate cement production capacity (2005-2015E)... 29

Competitive dynamics..... 30

Cement prices... 32

Figure: 2003-2011 indicative cement prices.... 33

Outlook....... 34

Figure: Apparent cement demand projection (2005-2015). 35

Figure: Growth in apparent cement demand (2006-2015).. 36

Figure: 2005-2015E cement supply-demand balance........ 36

Data tables......... 37

Supply-demand balance (2005 – 2011, mm tons).......... 37

Supply capacity market share (2009 - 2015E, %).......... 38

Imports by cement type (2005 – 2011, tons)......... 39

Cement import countries (2005 – 2011, tons)........ 40

Exports by cement type (2005 – 2011, tons)........ 41

Exports by country (2005 – 2011, tons)....... 42

Table: Cement plant capacities (2005 – 2015E, mm tons)....... 44

Disclaimers........ 45