Spain: eight month consumption down 34.3% YoY

Spain: eight month consumption down 34.3% YoY
18 September 2012

Spanish cement consumption for the first eight months of 2012 has declined by 34.3 per cent YoY to 9.56Mt, according to the latest data from Spanish cement association Oficemen.

In August alone, demand was down 33.6 per cent YoY to 1.13Mt. Exports, on the other hand, increased by 48.9 per cent compared to the same month of 2011. In the last 12 months, exports have totalled 5.22Mt (of which clinker accounted for 2.51Mt), representing growth of 31.7 per cent YoY.  Imports are down 48.9 per cent to 0.59Mt in the eight months to August.

Clinker production in August stood at 1.42Mt, a decrease of 15.4 per cent compared to August 2011. Meanwhile, cement production reached 1.32Mt, falling 28.1 per cent.

Clinker production in the rolling 12 months to August was 16.67Mt, 17.2 per cent less than in the previous corresponding period. Cement production, meanwhile, stood at 17.63Mt, down by 26.8 per cent.

Published under Cement News