Peruvian cement market expands 8% in May

Peruvian cement market expands 8% in May
18 June 2019

Cement consumption in Peru rose 8.2 per cent YoY in May 2019 to 0.976Mt, according to the country’s cement association, Asocem. Of this total, 0.97Mt was supplied by domestic producers, including 0.854Mt by Asocem members, who reported a 9.7 per cent YoY and a 8.3 per cent MoM rise in dispatches.

Cement production increased 8.7 per cent YoY and 8.1 per cent MoM to 0.877Mt in May 2019 while clinker output advanced 5.5 per cent YoY and 3.8 per cent MoM to 0.766Mt in the same period.

To meet domestic demand, some 50,000t of cement was imported in May – a drop of 43.6 per cent YoY and 27.4 per cent in April 2019. In addition, clinker imports showed a sharp rise as they more than quadrupled to 89,000t in May 2019 when compared with May 2018. Clinker imports increased from 26,000t in April 2019.

Around 19,000t of cement and 142,000t of clinker was exported from Peru’s cement plants in May, representing YoY increases of 27 and 44.4 per cent, respectively. MoM cement exports advanced 7.2 per cent while clinker exports were up 43.5 per cent.

Published under Cement News