İş Dünyası - Çimento Sektöründe 2024 Beklentileri | 18 Mart 2024

Summary

The video script features a discussion on the cement industry with Abdülhamit Akçay, Deputy Chairman of the Ceramic and Earthenware Exporters Association. It covers the global cement sector's challenges and opportunities, Turkey's position as a leading producer, and the impact of geopolitical tensions on the industry. The conversation also touches on tourism, with Lütfü Sapmaz discussing Turkey's potential to exceed the 60 million tourist target and the sector's inflationary challenges.

Takeaways

• 😀 The discussion in the script revolves around the cement industry, its expectations for 2023 and 2024, and the challenges and opportunities it faces.
• 🌟 The guest, Abdülhamit Akçay, is the Deputy Chairman of the Ceramic and Earthenware Exporters Association, providing insights into the sector.
• 📉 The global cement production saw a decline in 2022 due to the Ukraine-Russia war and subsequent inflation, resulting in a decrease of around 3.4%.
• 📈 Despite the decline, a slight recovery is expected in 2024, with a potential growth of around 4% outside of China.
• 🏭 China accounts for 2% of global cement production, having experienced a significant drop in 2022 due to a real estate crisis.
• 🌍 The top consumers of cement are concentrated in 25 countries, which make up 7% of the total consumption, with China, the USA, and India accounting for 64%.
• 🇹🇷 Turkey stands as one of the top 5 cement producers globally and the largest in Europe, with an annual production of around 100 million tons.
• 🛑 The capacity utilization rate in the cement industry is lower worldwide, with Turkey standing out positively due to increased demand in the last two years.
• 💹 The financial tightening and inflationary pressures have led to a suppressed demand in the cement industry for 2023.
• 🔄 The script also touches on the topic of green transformation and decarbonization efforts in the cement industry, especially in the European Union.
• 📊 The discussion concludes with the potential impact of the EU's carbon regulation on the cement industry, emphasizing the need for adaptation and investment in green technologies.

Q & A

What is the main topic of discussion in the interview with Abdülhamit Akçay?

The main topic of discussion is the cement sector in Turkey, including its performance in 2023, expectations for 2024, and the challenges and opportunities within the industry.

What is the global cement production figure mentioned for 2023?

The global cement production for 2023 is mentioned to be around 4.1 billion tons.

How has the cement sector been affected by the Russia-Ukraine war?

The Russia-Ukraine war has led to increased costs and inflation, resulting in a significant drop in the cement sector's performance, with a 3.4% decrease expected in 2023.

What is the contribution of China to the global cement production?

China alone accounts for 20% of the global cement production, which is a decrease from its 10-year prior share of 8%.

What is the expected trend for the cement sector in 2024 outside of China?

There is an expectation of a positive trend in 2024 outside of China, with an approximate 4% growth in the cement sector.

What is the current situation of Turkey's position in the cement sector globally?

Turkey is positioned as one of the top 5 largest cement producers in the world, with a significant export capacity and a strong position in the European market.

How does the cement industry's capacity utilization rate compare globally and in Turkey?

The global average capacity utilization rate is around 53%, while Turkey's rate has reached up to 70%, showing a more positive deviation.

What is the impact of financial tightening and inflation on the cement sector's demand?

The demand in the cement sector is affected by financial tightening and inflation, leading to a suppressed demand due to these economic pressures.

What are the implications of the European Union's carbon regulation for the cement industry?

The EU's carbon regulation, aiming to reduce carbon emissions by at least 55%, has implications for the cement industry, which contributes to 7% of global emissions, and could affect Turkey's exports to the EU.

How is the Turkish cement industry preparing for the green transformation and decarbonization efforts?

The Turkish cement industry is focusing on green transformation by investing in renewable energy, increasing the use of alternative raw materials and fuels, and engaging in collective efforts within the industry to adapt to the new regulations.

What is the discussion about tourism in the second part of the transcript?

The discussion in the second part revolves around the expectations for the tourism sector in Turkey, with a focus on the potential number of tourists and revenue, as well as the impact of inflation and costs on the industry.