Cement consumption accumulates four months of falls

Cement consumption in Spain experienced falls of 8.6% and 5.3% in July and August, respectively, which has reduced growth in the annual accumulated figure for the first eight months of the year to 0.2%.

In this way, consumption adds four months in decline and loses 2.3 percentage points in the annual accumulated, compared to the data prior to the summer period, as reflected in the latest data published in the Cement Statistics.

Between the months of July and August, 2.4 million tons of cement were consumed in Spain, which is 180,486 tons less than in the same period last year. For its part, the annual accumulated reflects a consumption of 9.9 million tons, with a difference of 18,996 tons compared to that reached in the first eight months of 2021.

“The latest data from the cement statistics continue to point to a slowdown in the construction sector in our country, which has been brewing for a four-month period, and which is also supported by the analyzes of other institutions such as Eurostat, whose latest data, from June , reflect a drop in the production of the construction sector of 10.4%”, explains the general director of the group of cement manufacturers Oficemen, Aniceto Zaragoza.

Exports also accelerated the fall in the first eight months of the year, reaching 21.4%, with an exported volume of 3.7 million tons up to August, which represents a loss of more than one million tons compared to same period last year.

This worsening is mainly due to the sharp drop experienced in July, when sales abroad fell by 24.4%, although the evolution in August was equally negative, with a drop of 5.7%.

” Electricity costs in our sector have increased by 400% in the last two years , a situation that worsens every day due to the energy crisis we are suffering. Without competitive electricity costs, it is impossible for our industry, which for many years has led the cement export market, can continue to compete with other producers in the Mediterranean arch that pay much less for their energy inputs, such as Algeria, Turkey or Egypt”, concludes Zaragoza.

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