Mexico: Mexico’s cement demand could grow by just over 2% in 2026, supported by federal housing and infrastructure projects, according to the CEO of the National Chamber of Cement (CANACEM) Julio Cedeño Fernández. The Housing for Wellbeing programme will target construction of 1.8m homes, creating a ‘significant’ demand for cement. Other infrastructure projects, whilst still in their early stages, may also drive the demand. The outlook follows a weak 2025 for construction activity, and uncertainty still persists, but the outlook for 2026 is expected to be more favourable.
Julio Cedeño Fernández said “We are coming off of a difficult year, but as an industry we have positive expectations. The United States-Mexico-Canada Agreement review creates uncertainty, but we are prepared. We hope that this year, with the boost from housing, the sector can recover or even grow further. We view the government’s plans with optimism, but they need to start being implemented.”