Colombia: consumption falls 20% YoY in July

Colombia: consumption falls 20% YoY in July
31 August 2016

Colombia saw its cement market contract by 19.7 per cent YoY in July to 924,900t, according to the latest figures by Dane, the country’s statistics office.

Around 68.2 per cent of this total was delivered as bagged cement and 31.8 per cent in bulk. Nearly 75 per cent of bulk cement was supplied to ready-mix companies and a further 17 per cent to construction companies and contractors.

Domestic production contracted by 17.6 per cent to 915,200t in July when compared with the same month of 2015.

In the first seven months of 2016 cement consumption reached 6.978Mt, a fall of 3.3 per cent when compared with the Jan-Jul 2015 period.  Output decreased by 2.6 per cent YoY in Jan-Jul to 7.167Mt.

Published under Cement News