In recent times, the cement industry in Pakistan has encountered significant challenges, primarily attributed to the depreciation of the local currency and the relentless wave of inflation. This situation has put the pricing of cement under immense pressure, causing concerns within the construction sector, which plays an indispensable role in Pakistan’s economic growth.
The factors contributing to this surge in cement prices are multifaceted. High energy costs, fluctuations in raw material prices, and an upswing in construction activity have collectively exacerbated the situation. As a result, stakeholders in the construction industry are closely monitoring these developments and their potential impact on the landscape.
Cement Price in Pakistan (2023)
To provide a comprehensive overview of the current cement prices across various regions in Pakistan, we have compiled a table displaying the rates:
| City | Price per Bag (in PKR) |
|---|---|
| Lahore | Rs 1,240 |
| Islamabad | Rs 1,198 |
| Rawalpindi | Rs 1,199 |
| Gujranwala | Rs 1,200 |
| Sialkot | Rs 1,210 |
| Faisalabad | Rs 1,200 |
| Multan | Rs 1,200 |
| Sargodha | Rs 1,190 |
| Multan | Rs 1,214 |
| Bahawalpur | Rs 1,237 |
| Larkana | Rs 1,173 |
| Bannu | Rs 1,200 |
| Karachi | Rs 1,144 |
| Hyderabad | Rs 1,150 |
| Sukkur | Rs1,200 |
As per the latest data, in northern regions, cement bags are available at an average price of Rs 1,208, representing a 0.16% increase compared to the previous week’s rate of Rs 1,206. The situation is somewhat mirrored in the southern regions, where prices have also followed a similar upward trend, with an average of Rs 1,168 per bag.
This fluctuation in cement prices is a matter of concern for various stakeholders, including builders, contractors, and individuals involved in construction projects. As the construction sector is pivotal to Pakistan’s economic growth, these price fluctuations have the potential to influence the pace and scale of construction activities in the coming months.
