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News Bolivian cement production and sales rise in first 10 months of 2022

Bolivian cement production and sales rise in first 10 months of 2022

Written by Global Cement staff 16 January 2023
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Bolivia: The Bolivian National Institute of Statistics (INE) recorded total national cement production of 3.3Mt during the first 10 months of 2022, up by 12% year-on-year from 2.9Mt in the corresponding period of 2021. Meanwhile, cement sales rose by 5.6% year-on-year to 3Mt, from 2.84Mt. Compared to 2019 volumes, cement sales fell by 5.6% from 3.96Mt. Nonetheless, Bolivian Cement and Concrete Institute (IBCH) general manager Marcelo Alfaro said that the results 'consolidated the rebound' that began in 2021. Cement sales volumes previously dropped by 23% year-on-year to 3.03Mt in 2020, amid successive Covid-19 lockdowns.

Fábrica Nacional de Cemento (FANCESA) commercial manager Álvaro Cuéllar said "FANCESA is making the necessary efforts to meet its share of the domestic market." Cuéllar added "We are close to 9Mt/yr of capacity for a market that in 2019 approached 4Mt/yr. That is why we have many kilns stopped and the industry is working at half speed."

Last modified on 18 January 2023
Published in Global Cement News
Tagged under
  • National Institute of Statistics of Bolivia
  • Production
  • Sales
  • volumes
  • Cement and Concrete Institute
  • Bolivia
  • coronavirus
  • growth
  • Kiln
  • Suspension
  • market
  • Consumption
  • demand
  • Fabrica Nacional de Cementos
  • FANCESA
  • GCW591
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