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News Oficemen blames high electricity price for falling cement exports from Spain

Oficemen blames high electricity price for falling cement exports from Spain

Written by Global Cement staff 20 September 2022
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Spain: Oficemen has blamed falling exports of cement on high electricity prices. The cement association reports that exports fell by around 25% year-on-year to 3.76Mt for the first eight months of 2022 from over 5Mt in the same period in 2021. Local consumption of cement slowed to an increase of just 0.2% to 9.88Mt from 9.86Mt.

Aniceto Zaragoza, the general director of Oficemen, said “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, to continue competing with other producers in the Mediterranean area that pay much less for their energy inputs, such as Algeria, Turkey or Egypt.”

Last modified on 21 September 2022
Published in Global Cement News
Tagged under
  • Spain
  • Oficemen
  • data
  • Export
  • Electricity
  • Algeria
  • Türkiye
  • Egypt
  • GCW575

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