Peru's cement demand up 14% in April

Peru’s cement market expanded by 13.5 per cent YoY in April 2018 as cement deliveries reached 0.817Mt, according to the latest data from the country’s cement association, Asocem. When compared with the previous month when 0.816Mt was dispatched, a more stable picture emerges.

Deliveries by domestic producers rose by 8.6 per cent YoY in April 2018 as they reached 0.759Mt. However, when compared with the previous month, such dispatches slipped one per cent from 0.767Mt.

Domestic supply was supplemented by 57,600t of cement, more than doubling from 20,400t reported in April 2017. Clinker imports slipped by three per cent YoY from 91,000t to 88,300t in April 2018.
Cement production in April reached 0.776Mt, representing a 4.8 per cent increase when compared with April 2017 but falling by 5.5 per cent when compared with March 2018 (0.821Mt). Clinker production rose to 0.749Mt, up 30.1 per cent YoY and 22.9 per cent MoM. In March 2018 clinker output rose to 0.609Mt.

Cement exports contracted by a quarter in April from 31,100t in April 2017 to 23,400t one year later. However, clinker exports increased by 15 per cent from 59,500t in April 2017 to 68,400t in April 2018.

January-April 2018
In the first four months of 2018, Peru’s cement market saw 3.7 per cent YoY growth as 3.059Mt of domestic cement were dispatched. Peruvian supply was supplemented with 258,000t of imported cement, up from 201,400t reported in January-April 2017. In addition, the country imported 307,600t of clinker, a 37.4 per cent increase when compared with the 223,800t imported in the 4M17. Vietnam is the key cement importer with smaller shares accounted for by China and Mexico. In terms of clinker imports, South Korea took the lead with further volumes supplied by Japan and Vietnam.

Between January and April 2018 Peruvian cement producers manufactured 3.149Mt of cement and 2.589Mt of clinker, representing YoY increases of 1.8 and 5.9 per cent, respectively.                  

Cement exports reached 97,400t, down 10.8 per cent from 109,200t in 4M17. Over the same period, clinker exports quadrupled from 80,100t to 320,700t.