Mexico: Cement consumption fell by 8 – 10% in the first half of 2025 compared to the same period of 2024, according to José María Barroso Martínez, CEO of Cementos Moctezuma. He attributed the drop to factors such as the change of government in Mexico, the US government's tariff policy, a decrease in small-scale private works and on-going negotiations towards a replacement for the United States – Mexico – Canada Agreement (USMCA) for North American free trade, among other factors.
In an interview with Grupo Reforma News, Martínez said “Cement is the first variable that moves when the economy accelerates or decelerates. In the second half of 2025 we can achieve additional volumes to correct the trend and close the year similar 2024, when the industry reached close to 42Mt sold."
