Central America: ready to grow

Published 14 May 2018

Central America’s positive but weakening economic growth trend is expected to continue into the coming years, fuelled by the diverging economies of its constituent countries. ICR looks at the supply and demand variation throughout the region, and how capacity expansion is set to continue in a region where utilisation rates are low.

Trinidad Cement was acquired by Cemex via its subsidiary Sierra Trading in 2017

Central America – from Belize and Guatemala in the north to Panama in the south and including the Caribbean – has experienced a positive but weakening economic growth trend for some time. The most recent figures indicate this trend has continued in recent years. GDP growth in central America reached 3.1 per cent in 2016, followed by an estimated 2.3 per cent in 2017 and expected to slip further to 2.1 per cent this year, according to the IMF.

To continue reading this story and get access to all News, Articles and Video sections of the CemNet.com website, please Register for a subscription to International Cement Review or Login