Panama’s cement production down -10.3% in 11M 2024
![Panama Pro 11M 2024](https://ccf2up.com/wp-content/plugins/phastpress/phast.php/c2VydmljZT1pbWFnZXMmc3JjPWh0dHBzJTNBJTJGJTJGY2NmMnVwLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyNSUyRjAyJTJGUGFuYW1hX1Byb18xMU1fMjAyNC5qcGcmY2FjaGVNYXJrZXI9MTczODcyOTUwMS0xMDY1MjUmdG9rZW49M2NmMTg1ZGY5YzUwOGUxYg.q.jpg)
In the first 11 months in 2024, Panama’s cement production declined by -10.3% to 1.161 Mt, after 1.294 Mt in the same period last year and 1.252 Mt in the year before.
In the first 11 months in 2024, Panama’s cement production declined by -10.3% to 1.161 Mt, after 1.294 Mt in the same period last year and 1.252 Mt in the year before.
In the first 10 months in 2024, Panama’s cement production declined by -12.0% to 1.076 Mt, after 1.223 Mt in the same period last year and 1.171 Mt in the year before.
In the first 9 months of 2024, Panama’s cement production declined by -9,6% to 0,968 Mt, after 1.070 Mt in the same period last year and 1.038 Mt in the year before.
In the first 8 months in 2024, Panama’s cement production declined by -13.0% to 0.872 Mt, after 1.002 Mt in the same period last year and 0.923 Mt in the year before.
In the first 7 months of 2024, Panama’s cement production declined -12.0% to 0.768 Mt, after 0.873 Mt in the same period last year and 0.807 Mt in the year before.
In the first half of 2024, Panama’s cement production decreased by -13.2% to 0.653 Mt, after 0.752 Mt in the same period last year and 0.703 Mt in the year before.
In the first 5 months of 2024, Panama’s cement production declined by -7.9% to 0.574 Mt, after 0.623 Mt in the same period last year and 0.595 Mt in the year before.
In the first quarter of 2024, Panama’s cement production declined by -8.8% to 0.335 Mt, after 0.367 Mt in the same period last year and 0.342 Mt the year before.
In 2023, in Panama the cement exports declined by -22.9% to 0.159 Mta. While in the first 3 quarters of the year, still the YoY decline has been moderate, in the 4.Q the decline decreased to -62.9% YoY.
In 2023, in Panama the cement production increased by +0.5% to 1.370 Mta. However, the production declined steadily from the 2.Q and the growth rate declined each quarter. The cement capacity utilization increased to 47.2%.