ADOCEM anticipates further consumption gains

ADOCEM anticipates further consumption gains
Published: 07 July 2015


The Dominican Republic economy, construction and cement industries have seen a very strong rebound from the global recession in recent years. Real GDP increased 4.8 per cent in 2013 and 7.3 per cent in 2014. The value of construction at constant prices climbed 6.1 per cent in 2013 and 13.8 per cent in 2014.

Cement consumption jumped 17.3 per cent in 2013 and 18 per cent in 2014 to 3.6Mt, according to Adocem. Cement production soared 16.8 per cent in 2013 and 18.7 per cent to 5Mt in 2014, helped by 1.2Mt and 1.4Mt of cement exports. The Dominican Republic’s CAGR since 1990 was 4.7 per cent for cement consumption and six per cent for production.

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