Dominican Republic: First-quarter domestic cement consumption in the Dominican Republic rose by 2.9% year-on-year in 2022. The Dominican Association of Portland Cement Producers (ADOCEM) said that producers’ costs rose year-on-year, particularly in the area of fuels, which accounts for 60% of costs. Electricity prices also rose during the quarter.
Association president Felix Gonzalez said "Without a doubt, energy management is a key point in the economic sphere of a cement plant since it makes this industry very susceptible to deficiencies and high tariffs in the electricity sector, as well as to the continuously increasing costs of oil and its derivatives.”
In 2021, ADOCEM members produced 6.5Mt of cement, up by 27% year-on-year from 5.1Mt in 2020. Full-year consumption was 5.5Mt.
