Peru: Unacem market share slips to 49%

Peru: Unacem market share slips to 49%
Published: 06 May 2014

Tagged Under: Results Peru Unacem market share 

Peruvian cement company Unacem has seen its market share fall from 51.42 per cent in 1Q13 to 49.14 per cent in 1Q14, according to news service Gestión.

The cement maker has attributed the decline to a combination of “aggressive competition from imported cement at dumping prices and lower cement demand”.