Argentina's demand sees 11% rise in 9M17

Argentina's demand sees 11% rise in 9M17
19 October 2017

Argentina’s cement producers delivered 1,121,311t of cement in September 2017, up 12.6 per cent YoY and 0.8 per cent MoM, according to the country’s cement association, AFCP.

Domestic supply was complemented by 10,122t of imports, more than doubling the 4900t imported in September 2016 and seeing a 10.1 per cent MoM increase. This resulted in a total market demand of 1,131,433t, up 13 per cent YoY and 0.8 per cent MoM from 1,001,130t and 1,22,059t, respectively.

In addition, domestic cement plants exported 6517t of cement, a decrease of 9.8 per cent YoY from 7226t in September 2016 but a rise of 61.7 per cent when compared with a volume of 4031t reported in August 2016.

For the first nine months of 2017 deliveries by domestic producers to the Argentine cement market reached 8,732,824t, up 10.1 per cent when compared with 7,928,739t recorded in September 2016.

To help meet market demand, an additional 56,174t was imported, a six-fold increase from 9210t reported in September 2016.

Total cement consumption in Argentina for the January-September 2017 period increased 10.7 per cent YoY to 8,788,998t from 7,937,949t in the corresponding period of 2016.

Exports in 9M17 fell 3.9 per cent to 50,565t from 52,628t in 9M16, said AFCP.

Published under Cement News