Cement consumption in Peru sees 5% rise in November

24-Dec-2018

Cement consumption in Peru rose by 4.8 per cent YoY in November to 1.017Mt, up from 0.971Mt in November 0217, according to the latest data from the country’s cement association, Asocem.

Cement production in November remained largely stable in November at 0.901Mt when compared with the previous month and increased by one per cent YoY. Clinker output saw a 26.1 per cent rise MoM and a 9.6 per cent YoY increase to 0.855Mt in the same period.

However, cement imports more than doubled to 102,700t in November while clinker imports surged by 32 per cent to 55,000t.

Exports of Peruvian cement and clinker fell by 35 and 63 per cent, respectively. Cement exports in November dropped to 21,000t and clinker exports fell to 36,600t.

January-November 2018

In the first 11 months of 2018, the domestic market expanded by 3.5 per cent to 10.224Mt when compared with the 11M17.

Between January-November 2018 cement production edged up 0.7 per cent YoY to 9.143Mt while clinker production advanced 9.6 per cent YoY to 7.608Mt.

Domestic cement production was supplemented by 844,700t of imports, representing an increase of 61.5 per cent when compared with 522,900t of imports in the 11M17. Clinker imports showed an advance of 53.6 per cent to 740,600t from 482,300t in the 11M17.

Cement exports in the 11M18 declined by 23.3 per cent to 247,000t from 322,200t in the year-ago period while clinker exports surged by 69.9 per cent to 829,800t in the 11-month period from 488,400t in the 11M17.

Source: CEMNET