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Spain: Cement consumption rose by 8% year-on-year to 1.13Mt in January 2026, up by 79,000t year-on-year, according to data from Oficemen. In the 12-month period from February 2024 to January 2025, consumption rose by 4% to 15.0Mt. Exports rose by 12% year-on-year to 0.3Mt in January 2026 but fell by 5% over the last 12 months to below 5Mt.

CEO Aniceto Zaragoza said “In this regard, we are cautiously monitoring the evolution of US tariff measures, as the US is the fourth largest destination for Spanish cement exports, accounting for 11% of the total. However, we are confident that sales to the intra-EU market, where Spain maintains a leading position, will remain stable.”