![Ethiopia Cons 1Q 2024](https://ccf2up.com/wp-content/plugins/phastpress/phast.php/c2VydmljZT1pbWFnZXMmc3JjPWh0dHBzJTNBJTJGJTJGY2NmMnVwLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyNCUyRjA1JTJGRXRoaW9waWFfQ29uc18xUV8yMDI0LmpwZyZjYWNoZU1hcmtlcj0xNzE1MDU2Njg3LTc4MzI0JnRva2VuPTVmYTZlMmYwYTRjZDBmZWE.q.jpg)
In the first quarter of 2024, Ethiopia’s cement consumption increased by +19.6% to 1.89 Mt, after 1.58 Mt in the same period last year and 1.50 Mt in the year before. The increase is due to a projected GDP growth of 6.2% this year and a construction boom in housing and infrastructure.