Cement News tagged under: Consumption
Argentina's cement consumption declines 20% in January12 February 2024, Published under Cement NewsCement demand in Argentina saw a 19.9 per cent drop to 767,297t in January 2024 when compared with 958,230t in January 2023, according to the country's cement association, AFCP. Argentinian demand was entirely met by domestic production, which saw a 20 per cent decline to 772,874t in January 2024 from 965,633t in January 2023. Local producers also exported 6036t of cement, an 18.5 per cent decrease from 7404t in January 2023. |
Chile's cement market closes 2023 with 11% drop12 February 2024, Published under Cement NewsChilean cement dispatches fell by 10.1 per cent YoY to 443,170t in December 2023 from 492,963t in December 2023, according to the Chilean construction chamber, CChC. In the full-year 2023 cement dispatches were down 11 per cent YoY to 5,208,803t from 5,854,997t in 2022. |
Brazilian cement sales start 2024 with a 2% drop09 February 2024, Published under Cement NewsCement sales in the Brazilian market saw 2.1 per cent YoY drop to 4.766Mt in January 2024 when compared with 4.868Mt in January 2023, according to SNIC, the country's cement association. Exports were down 65.2 per cent YoY to 8000t from 23,000t in January 2023. The drop in domestic sales suggests that weak performance in 2023 is expected to persist in 2024. High interest rates and debt have impacted household spending, alongside a drop in income and purchasing power. The construction mark... |
Puerto Rico’s cement market expands 8% in January08 February 2024, Published under Cement NewsPuerto Rican cement sales increased 7.7 per cent to 539,034t (1.189m bags of 42.5kg) in January 2024 from 500,286t (1.103m bags) in January 2023, according to the Puerto Rican statistics agency. However, domestic production fell by 14.4 per cent YoY to 291,770t (643,352 bags) in January 2024 from 340,739t (751,329 bags). Domestic consumption 6,670,252t, or 14.708m bags, in 2023, representing a 1.3 per cent increase when compared with 2022, when demand stood at 6,586,678t (14.524m bags) acco... |
Colombian cement dispatches fall to 12.9Mt in 202307 February 2024, Published under Cement NewsCement dispatches in Colombia slipped by 2.6 per cent to 1.093Mt in December 2023 from 1.122Mt in December 2022, according to the country’s statistics agency, DANE. Of this total, bulk deliveries declined by 5.2 per cent while bagged cement dispatches were down 1.4 per cent. While retail sales increased 2.5 per cent YoY in December 2023, ready-mix concrete companies and the construction and contractor segment reduced their off take by eight and 11.9 per cent, respectively. Output from do... |
Morocco: better times ahead?05 February 2024, Published under Cement NewsFollowing a challenging business environment in 2022, Moroccan cement producers can look forward to better times. However, overcapacity will see producers look beyond the country’s borders as they develop export markets to sell production surpluses. Economic growth is set to resume as Morocco recovers after the COVID-19 pandemic (© © J.K2507) Morocco’s economic growth fell by 7.2 per cent YoY in 2020 but recovered the following year, when GDP expanded by eight per cent. In 2022... |
Spanish cement demand falls 3% in 202331 January 2024, Published under Cement NewsCement consumption in Spain showed no growth in 2023, settling at 14.5Mt, representing a drop of three per cent YoY and five years of stagnation, according to the country’s cement association, Oficemen. With an installed capacity of approximately 47Mta, capacity utilisation rates are low and Oficemen President, Alan Svaiter, said that a country with the population and GDP of Spain should have a stable demand of around 20Mt. He called for greater implementation of public works, more promine... |
Vietnam cement sales contract 16% in 202324 January 2024, Published under Cement NewsCement sales in Vietnam declined by seven per cent to 5,295,422t in December 2023, reports the Vietnam National Cement Association (VNCA). Of this total, 1,567,174t of cement was sold by VICEM, which saw sales drop by 13 per cent YoY, while other VNCA members sold 988,248t, 17 per cent less than in December 2022. Non-affiliated cement companies saw their sales edge up by one per cent YoY as they dispatched 2.740,000t. Total exports in December 2023 declined by 16 per cent YoY to 2,571,584t... |
Iranian cement market expands 11% in 202322 January 2024, Published under Cement NewsIranian cement consumption increased by seven per cent YoY to 5.51Mt in December 2023, according to the Iranian cement association. This follows a 54.8 per cent increase in November 2023 when demand reached 6.61Mt from a low 4.27Mt in November 2022. Clinker production slipped by 0.6 per cent YoY to 6.25Mt, but cement output increased by 10.6 per cent YoY to 6.18Mt in December 2023. Clinker production had edged up 4.8 per cent YoY to 6.96Mt in November 2023 while cement production was up 11... |
Peru's cement market contracts 12% in December19 January 2024, Published under Cement NewsNational dispatches in Peru fell by 12 per cent YoY to 0.958Mt in December 2023, according to the country's cement association, Asocem. Of this total, 0.885Mt were dispatched by Asocem members. Domestic cement production declined by 15 per cent to 0.928Mt in December 2023 from 1.087Mt in December 2022. Clinker production saw a three per cent YoY pick-up to 0.94Mt from 0.913Mt over the same period. Cement exports dropped by 51 per cent YoY to 8000t in December 2023 from 16,000t in the yea... |