Argentine domestic dispatches down 4% YoY in June
10th july 2018
Argentina’s cement market contracted by 3.5 per cent to 970,978t in June 2018 from 1.007Mt in June 2017, according to the latest data from AFCP, the country’s cement association.
Output from the country’s cement plants slipped 2.8 per cent to 973,743t from 1.002Mt in June 2017. Of this total, 968,676t was delivered to domestic customers, down three per cent when compared with 998,478t in June 2017.
However, exports were up 35.7 per cent to 5067t in June. In June 2017 the country’s cement producers delivered some 3734t to export customers.
In addition, domestic production was supplemented by 2302t of imports, just over a quarter of an import volume of 8188t noted in June 2017.
For the first half of 2018, Argentine cement consumption advanced 7.1 per cent to 5.913Mt from 5.519Mt in 1H17. Total production reached 5.889Mt, up 6.5 per cent when compared with 5.527Mt in the first six months of the previous year.
Domestic deliveries increased by 6.5 per cent YoY to 5.85Mt from 5.491Mt in 1H17. Exports rose to 38,825t over the six-month period, up 7.2 per cent from 36,227t in 1H17.
Around 62,878t of cement was imported into the South American country, representing a 23.2 per cent YoY increase. In 1H17 28,166t of cement was imported.