Guatemala: Cement Production Stagnates

Businessmen in the sector assert that the country reports one of the lowest levels of cement consumption in the Latin American region.

Wednesday, November 22, 2017

The current level of cement production in Guatemala reflects the low levels of public investment in recent years in the country.  Lack of investment by the State in roads and other public infrastructure works is compounded by instability generated by foreign investment in the legal conflicts that have arisen in recent years, such as closure of mining projects and political and economic problems related to corruption. "..."Conflict is an additional factor that slows development and investment, and therefore the consumption of cement," said Oscar Sequeira, coordinator of the Statistics Commission of the Guatemalan Chamber of Construction. "

See also: "Central America: $655 million in Public Works" reports that "...According to data provided by Grupo Cementos Progreso, since 2007 cement production in Guatemala has fluctuated between 3.30 million metric tons and 2.80 million."

José Raúl González Merlo, CEO of Cementos Progreso, "... said that the growth (in cement production) should be 6% per year, but it has not been. 'Guatemala has one of the lowest levels of cement consumption in Latin America, it consumes less than 200 kilograms of cement per inhabitant, and there is a high correlation between the level of development of countries and the consumption of cement' he said".

Are you interested in construction projects in Central America?

Receive information about our monthly report including a complete list of all the major and most important construction projects seeking government authorization.

Request more information:

this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423

More on this topic

Guatemalan Group Acquires Cement Plant in Panama

November 2019

Cemento Interoceanico de Panama announced that the Progreso group acquired 100% of its shares and that they have begun a transition process. reports that the business conglomerate Progreso, owner of Cementos Progreso, decided to invest in Panama because of "...

Public Investment Supports Cement Business in Nicaragua

May 2017

Despite the lower dynamism in private construction, cement production increased by 4.8% in 2016, due to greater demand generated from public infrastructure projects.

An article in Revista Construir reports that "... Private sector Construction has been registering a decrease, cement production in Nicaragua has registered a growth, which has been driven mainly by the dynamism in public investment. In 2016 the production of this material increased by 4.8% compared to 2015. According to the Index of the Volume of Industrial Goods, published by the Central Bank of Nicaragua, cement production reached 314.2 points in 2016, higher than the 302.4 points it averaged the previous year."

More Cement Production in Guatemala

November 2016

The company Cemento Regional has started operating a plant in Escuintla, Guatemala which has capacity to produce 8,000 bags per day.

The company Cemento Regional has invested $12.2 million in the construction and commissioning of the plant, which will produce up to 8,000 bags per day and will supply the product to its three stores in the department of Guatemala.

Construction: Cement Costs Rise Due to Taxes

February 2015

The construction union of Guatemala states that construction costs have increased by about 6% since the entry into force in January of a tax on the distribution of cement.

Since the start of the charging of a $0.66 tax per bag of cement distributed, representatives from cement companies have reported a drop in sales.

 close (x)

Receive more news about Infrastructure & Construction

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Cementos Progreso

Organization that operates in Guatemala.
Phone: (502) 2339 1210

Company Profile

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(May 29)
Brent Crude Oil
Coffee "C"