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Latest cement consumption statistics mark positive trend in Latin America

World Cement,

Latin America

According to Prensa Latina, the government of Venezuela has announced plans to invest US$200 million in increasing cement production in the country. At present, approximately 280 kg per capita of cement is produced a year. The investment plan intends to raise this figure to 500 kg per capita.

Meanwhile, domestic cement sales have experienced growth in Peru, rising 13.25% y/y in January – April 2013. Cement dispatches in April alone came in at 854 956 t, with exports reaching 13 693 t. Local sales were up 11.6% y/y to 5.9 million t in Brazil in April, while in Colombia sales increased by 16.4% to 919 000 t. In Bolivia, cement sales volumes came in at 671 078 t in January – March 2013, 6.6% higher than the corresponding period in 2012. At 998 196 t, domestic cement consumption increased by 5.4% m/m and 14.5 y/y in Argentina in May.

Canary Islands

In January – April 2013, cement consumption came in at 162 000 t, down from the 198 500 t recorded in 2012. However, demand levels in April provided some optimism, with sales reaching 45 542 t. In Lanzarote alone, 4250 t of cement was sold, representing an increase of 54.9% m/m and 68.2% y/y.

Edited from various sources by Louise Fordham.

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