Cement consumption fell by 0.4%, confirming the slowdown in the sector
The Cement consumption in Spain Compared to the same month last year, October fell 0.4% to 1.3 million tonnes, meaning Accumulate falls for six consecutive months And confirm the slowdown in the construction sector. This is important information as cement is being sold One of the area indicators and used as a thermometer. It indicates that future projects are decreasing.
Cumulative annual consumption has also returned to negative figures due to this trend. specific, Compared to the first ten months of 2021, it fell 0.3%As reflected in cement statistics data collected by the Officeman Group of Cement Manufacturers.
As for Rolling year data, which runs from November 2021 to October 2022, still shows an increase of 2.3%, although it is a tenth less than the increase recorded in September. In any case, the absolute values of last year’s cement consumption are still less than 15 million tonnes.
The Exports are also running in the red Imports have soared this year with growth of 20% and 14.5% respectively. However, imports also fell by 55% in October, driven by a general decline in consumption, while exports fell by 22%.
“In the first 10 months of the year, we have stopped exporting 1.2 million tons of cement and clinker, and at the same time, our country has imported almost the same amount of these materials. Cement and clinker that are produced in our country. With high environmental standards and high energy costs”, the official said. General Director, Aniceto Zaragoza said.
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