Peruvian cement demand sees 7% October uptick

Peru’s cement market expanded by 6.7 per cent YoY in October 2019 as demand reached 1.089Mt when compared with 1.021Mt reported in October 2018, according to the latest data published by the country’s cement association, Asocem. National dispatches increased 6.5 per cent to 1.077Mt from 1.012Mt in October 2018.

Cement exports in October 2019 fell 21.9 per cent YoY but rose 9.6 per cent MoM to 16,000t while clinker exports increased 46.9 per cent YoY and 51.3 per cent MoM to 50,000t.

Imports of cement in October 2019 declined 45.7 per cent YoY but advanced 161.2 per cent MoM in October 2019 to 49,000t. At 42,000t clinker imports were 72.4 per cent lower YoY and dropped 51.9 per cent when compared with September 2019.

January-October 2019
Between January and October 2019 Peruvian cement demand increased by 5.7 per cent YoY to 9.682Mt from 9.164Mt in the first 10 months of 2018. Of this total, domestic cement producers delivered 9.585Mt, up 6.1 per cent from 9.119Mt in January-October 2018.

Domestic cement producers exported some 162,900t of cement and 642,700t of clinker in the January-October 2019 period. This represents a 27.9 per cent drop in cement exports (10M18: 225,900t) and a 19 per cent fall in clinker exports (10M18: 793,200t) when compared with the year-ago period.

Cement imports in the 10M19 saw a drop of 18.1 per cent to 607,700t when compared with the 10M18, when the country imported 742,100t. Clinker importers saw their volumes fall by 28 per cent to 493,400t from 685,700t in the 10M18.