Domestic cement consumption totalled 10.89 million t in Spain in 2014

Spanish cement association Oficemen has confirmed that domestic cement consumption totalled approximately 10.89 million t in 2014. This is in line with its previous forecast that consumption levels would remain below 11 million t. While remaining at a historically low level, consumption did rise by 0.4% y/y, the first case of annual year-on-year growth since 2007. Meanwhile, production volumes increased by 5.4% y/y to reach around 13.91 million t. Exports continued to strengthen, growing by 31.6% y/y to almost 9.6 million t.

Oficemen has predicted moderate growth for the Spanish cement industry in 2015, with monthly figures likely to fluctuate between growth and contraction. 

Edited from various sources by Louise Fordham

Sources:

• Oficemen.
• ABC.es.
• El Economista.

Read the article online at: https://www.worldcement.com/europe-cis/26012015/2014-spanish-cement-consumption-in-line-with-forecasts-198/