Colombia cement market expands 10.2% in June

Colombia’s cement dispatches rose 10.2 per cent YoY in June to 1.0121Mt as building companies and contractors increased their demand by 25.8 per cent. Cement production reached 1.0292Mt, up 4.9 per cent when compared with June 2014.

In the first half of 2015 the Colombian cement market expanded by 6.6 per cent YoY to 6.0674Mt. The departments of Nariño, Cesar and Magdalena saw the strongest growth at 62.2, 27 and 21.8 per cent, respectively. However, Bolîvar also recorded a robust advance in consumption, which was up 19.6 per cent, followed by Antioquia (+10.7 per cent) and Bogotá (+6.4 per cent).
 
To meet the increased demand in 1H15, cement plants increased their output 5.8 per cent to 6.2504Mt.