SECTORAL DEVELOPMENTS

In the cement sector in which we operate as Akçansa, cement production increased by 10.5% year-on-year in the first twelve months of 2025. During this period, approximately 16% of total cement production was exported. Cumulative domestic cement sales rose by 9.7%, while cement exports increased by 15.5%.

According to data from the Turkish Statistical Institute (TURKSTAT), Romania was the country where cement and clinker exports increased the most in 2025. Exports were also carried out to countries such as the United States, Italy, Syria, Romania and Albania. In 2025, Türkiye’s cement sector exports reached 22.84 million tons in volume and USD 1.308 billion in value.

Following an approximate 9% growth recorded in 2024, the sector entered 2025 with an upward trend in both the domestic market and exports. However, production and domestic sales declined in February and March, partly due to base effects. Sales recovered in April, and May marked the highest domestic sales level in history. The sector continued its growth in the following five-month period.

Production and domestic sales recorded double-digit growth in November, and the sector reached the highest levels of production and domestic sales in its history in 2025. On a regional basis, however, domestic sales declined in the Marmara and Aegean regions.

Developments in the construction sector also supported cement demand during this period. According to building permits issued by municipalities, in the fourth quarter of 2025 the number of buildings increased by 5.5%, total floor area by 2.6%, and the number of housing units by 13.8% compared with the same period of the previous year. In the same period, occupancy permits showed a 0.1% decline in the number of buildings and a 1.5% decrease in total floor area, while the number of housing units increased by 3.1%. Meanwhile, housing sales rose by 14.3% year-on-year in 2025, reaching 1,688,910 units.

According to data from the Turkish Cement Manufacturers’ Association, total cement production in Türkiye reached 93.7 million tons in 2025, while domestic cement consumption amounted to 77.9 million tons. During the same period, total cement and clinker exports reached 21.9 million tons, consisting of 15.0 million tons of cement and 6.9 million tons of clinker.