Construction costs in Costa Rica are lower due to the import of Chinese cement, according to local news service La Republica. Chinese imports retail at around 20 per cent below cement produced locally by Cemex and Holcim. However, to date the imported cement has not received certification of compliance with domestic standards although initial samples have proved positive.
Cement is imported from Sinocem via local company JCB. Sinocem exports nearly 2Mta to various destinations.
Cement imports into Costa Rica were made possible last February when the government lifted the requirement that cement was to be sold within 45 days of production. The Costa Rican market currently requires around 1.5Mta of cement.
Peru’s cement market expands 3% in October
Cement dispatches in Peru increased by three per cent YoY to 1.117Mt in October 2024 from 1.083M...