May 21, 2025

Peru's cement and clinker production declines amid surge in imports

Getting your Trinity Audio player ready...

HIGHLIGHTS

Continued decline in production noted over recent months

Cement imports surged 73% on year

Clinker imports arriving exclusively from South Korea

Peru continues to experience a decrease in clinker and cement production, according to the latest data from the Asociación de Productores de Cemento.

In April 2025, associated companies produced 855,000 mt of cement, 1.6% less than in April 2024. Clinker production reached 786,000 mt in April 2025, 1.8% less than in the same month last year.

ASOCEM's report indicates that this negative trend has persisted over the past months. The year-over-year variation between the periods from May 2023 to April 2024 and from May 2024 to April 2025 indicates a yearly decrease of 2% in cement production and 9.4% in clinker production.

In contrast, imports of both cement and clinker have surged.

Comparing the same two periods, imports increased by 73% for cement and 21% for clinker.

The report shows that Peru imported 54,000 mt of cement in April 2025, with imports coming primarily from Vietnam (82%), followed by Chile (9%) and Bolivia (9%).

Meanwhile, the 70,000 mt of imported clinker in April 2025 came exclusively from South Korea.

Platts last assessed CEMDEX Turkey at $54/mt and Cement Clinker FOB Turkey at $45/mt on May 15.

Platts is part of S&P Global Commodity Insights.

                                                                                                               

Recommended