Peru cement market expands 3% in October

Peru’s cement consumption advanced 2.9 per cent YoY to 1.02Mt, according to the country’s cement association, Asocem.

Cement production by domestic producers fell by two per cent YoY and by 2.9 per cent MoM to 0.903Mt while clinker output decreased by 23.5 per cent YoY and 2.1 per cent MoM to 0.678Mt in October.

Domestic production was supplemented by 90,000t of cement imports, down 71.4 per cent YoY and 82.8 per cent MoM, as well as 153,000t of clinker imports, which represents a 251.3 per cent rise YoY and a 74.3 per cent advance when compared with September 2018.

Exports of cement remained stable in October at 21,000t but following a spike in September, clinker exports fell to 34,000t.

January-October 2018
Peruvian demand for cement in the first 10 months of 2018 edged up 3.5 per cent YoY to 9.219Mt.

Between January-October 2018 total domestic output reached 8.242Mt of cement and 6.754Mt of clinker, representing an increase of 0.6 and 9.6 per cent, respectively, when compared with the 10M17.

Exports in January-October 2018 fell by 22 per cent to 226,000t when compared with the year-ago period. Clinker exports more than doubled to 793,000t during the first 10 months of 2018.