Argentine cement market contracts 3.5 per cent in 2014

In December 2014, Argentina’s cement demand fell 10.4 per cent MoM and 2.5 per cent YoY to 892,313t, according to the latest data from AFCP, the Argentine cement association. The country’s cement producers supplied 905,306t of cement, including exports, registering a MoM drop of 10.4 per cent and 2.4 per cent YoY.

For the full-year, domestic demand reached 11,271,399t, down 3.5 per cent when compared with 2013. Imports fell from 5431t to 2499t, down 54 per cent. Argentina producers also saw deliveries slip by 3.5 per cent from 11,682,595t to 11,271,399t. This includes a 24.7 per cent drop in exports, which decreased to 164,268t.