Peru: cement market to expand 6% in 2009

Peru: cement market to expand 6% in 2009
Published: 21 September 2009

Scotiabank estimates the Peruvian cement market to expand by 6% in 2009, taking in account that from Jan - Aug sales were 4.45Mt, up 3,58% from equal period in 2008 (4.29Mt). Cement production was 4.51Mt, up 20,6% from last year 3.42Mt). Exports were 925.8Mt less 98,15% from equal period last year. Information is gathered from Cementos Lima, Cementos Pacasmayo, Cemento Andino, Cementos Yura, Cementos Selva and Cementos Sur. Scotiabank analyst Pablo Nano says demand is being pushed by infrastructure works, and responding to increasing investments in this sector.