Argentina: Cement despatches dropped by 24% year-on-year to 9.56Mt in 2024, the lowest annual level reported since 2009, according to the Association of Portland Cement Manufacturers. Total dispatches in 2024 reached 9.5Mt, 24% lower compared to 2023 when dispatches were 12.5Mt. Dispatches in December 2024 showed the lowest yearly percentage decline, falling by 5% year-on-year to 0.77Mt, 12% less than was recorded in November 2024. This marks 21 consecutive months of declines. The declines recorded from December 2023 coincide with the decision announced by President Javier Milei to end the execution of public works by the national government.
Argentina’s cement despatches see record low
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