Peru’s cement production down by -2.9% in 1.Q 2024

In the first quarter of 2024, cement production in Peru declined by -2.9% to 2.611 Mt, after 2.690 Mt in the same period last year. The YoY decline in March has been -2.8%, close to the 1.Q average.

In the first quarter of 2024, cement production in Peru declined by -2.9% to 2.611 Mt, after 2.690 Mt in the same period last year. The YoY decline in March has been -2.8%, close to the 1.Q average.

In Peru, in the first 2 months of 2024 the cement production declined by -3.0% to 1.742 Mt, after 1.796 Mt in the same period last year. However, the huge decline from last year has not continued.

In Peru, in the first two months of the year the cement trade declined significantly. While the exports declined by -23.1% to 20 kt, imports declined by -35.2% to 35 kt.

In Peru in January 2024 the cement production recovered with 0.924 Mt almost to last year’s level, after the massive annual decline in 2023 by -13.6%.

In Peru in 2023, due to large overcapacities in the cement production, the cement imports further declined to 0.211 Mta (-21,9% YoY). However, the country has not been able to increase cement exports. On the contrary the exports declined by…

In 2023, Peru’s cement production declined by -13.6% to 11.494 Mta, after 13.196 Mta in 2022 and 12.855 Mta in 2021. The cement capacity utilization declined in 2023 to 61.6% from 79.0% last year.

In Peru, from January to November 2023 the cement production declined by -13.5% to 10.475 Mt, compared to the same period last year. The 2-digit decline could also not be stopped in November, when 0.988 Mt have been produced, compared…

In Peru, in the first 10 month of 2023, the cement production declined by -13.7% to 9.487 Mt, after 10.996 Mt in the same period a year before. In October the cement production declined by another -12.6%, YoY to 1.023…

In Peru in the first 9 month of 2023 the cement production declined by -13.9% to 8.464 Mt after 9.825 Mt in the same period in 2022. However, the decline stabilized in the 3.Q 2023 with -12.4% YoY. Anyhow, a…

In Peru, in the first 8 month of 2023, the cement production is with a volume of 7.468 Mt still -13.5% below the volume of 8.635 Mt in the same period in 2022, however since March 2023 the YoY decline…