Spanish cement demand in decline

Spanish cement demand in decline
Published: 20 May 2008

Cement consumption in Spain dropped by 10.7 per cent year-on-year to 16.74 million tonnes in the first four months of 2008, the Spanish cement makers association Oficemen said on May 19. The fall was due to the slowdown in the construction sector and the economic conjuncture, Oficemen said. Exports of cement grew by 11.86 pct to 401,327 tonnes in the first four months of the year, while imports declined by 32.66 pct to 3.42 million tonnes. Cement output in Spain totalled 16.1 million tonnes in January to April 2008, decreasing by 11.01 per cent in annual terms. Cement consumption in April 2008 went down by only 1.27 per cent year-on-year because the Easter holidays last year were in April. Cement consumption in Spain dropped by 14.5 per cent year-on-year to 12.28 million tonnes in the first quarter of 2008.