Sunday June 15, 2025

MoTIE Asserts that the Cement Market is Stable Despite Supply Concerns, While Importers are Urging for Open Competition

The Gambia’s cement market stabilizes post-supply chain issues with new shipments, but the Cement Importers Association highlights high prices due to import reliance and oligopolistic practices, advocating for competition and Senegal-sourced cement.

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The Ministry of Trade, Industry, Regional Integration, and Employment (MoTIE) has announced that the national cement market has returned to normal after resolving supply chain issues resulting from international tariff changes. Cement supplies, especially Portland Cement, are now stable after shortages caused by renegotiating supply contracts.

New shipments will help maintain market stability. However, the Cement Importers Association is asking the government to encourage more competition. They warn that The Gambia relies entirely on imported cement, and current import restrictions lead to higher prices and supply issues.

Momodou Jobe, Secretary General of the Cement Importers Association, noted that price increases are coordinated among the leading importers, which makes the market behave like an oligopoly. He suggests sourcing cement from Senegal to reduce costs and boost regional trade.

Current Cement Stock Levels:

Jah Multi Industries: 54,457 metric tons (MT) 

Gacem: 21,000 MT 

Salam Cement: 59,000 MT 

Confirmed Incoming Shipments:

Jah Multi Industries:

34,850 MT arriving on June 15, 2025 

44,150 MT arriving on June 19, 2025 

38,600 MT arriving on June 22, 2025 

Gacem:

– 15,000 MT arriving on June 14, 2025 

– 15,000 MT arriving on June 16, 2025 

Salam Cement:

– 38,000 MT arriving on June 30, 2025 

Factory Prices

Jah Multi Industries – GMD 390 per bag (42.5R)

Salam Cement – GMD 330 per bag (32.5R)

Gacem – GMD 420 per bag (42.5R)

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