Spain: Cement consumption in Spain has seen a cumulative increase of 1.3% in the first 10 months of 2024, compared to a decline of 0.5% at the end of the third quarter of 2024, according to the latest data from Oficemen. This increase is largely due to 14.5% growth in October 2024 consumption compared to the same month a year earlier, reaching 1.37Mt, the highest since 2019. Despite the domestic gains, cement exports fell by 1% in October 2024 to 0.41Mt, contributing to a 13% decline in the cumulative annual data up to October 2024. Since November 2023, exports have decreased by 16%, totalling 0.47Mt.
Oficemen’s general manager Aniceto Zaragoza said "These positive figures are in line with the forecasts that we made at the beginning of 2024, when we were expecting a moderate recovery in the final stretch of the year."
