Peruvian cement dispatches contract 8% in March

Cement dispatches in Peru declined by eight per cent YoY to 0.897Mt in March 2024, reports the Peruvian cement association, ASOCEM. Of this total, 0.825Mt was dispatched by ASOCEM members.

Cement production by ASOCEM members slipped by three per cent YoY to 0.869Mt, but clinker production by members advanced by six per cent YoY to 0.821Mt in March 2024.

External trade
Cement exports dropped by 23 per cent YoY to 10,000 while domestic cement producers increased their clinker exports by two per cent to 36,000t in March 2024.

Cement imports surged by 529 per cent to 48,000t while clinker imports were up 107 per cent to 91,000t over the same period. Approximately 95 per cent of cement imports in March 2024 were shipped from Vietnam to Callao while five per cent were imported via Tacna from Chile. Clinker was imported from South Korea via the ports of Pisco (52 per cent) and Callao (48 per cent). Imports represented six per cent of the national cement production, according to ASOCEM.

The average CIF import price in Callao port slipped one per cent to US$76/t while in Tacna, the average import price increased by 18 per cent YoY to US$127/t.