Imports of hydraulic cement in Central America Al June 30th, 2021  

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Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]

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Guatemalan Companies, Main Buyers
During 2020, the main importer of hydraulic cements in Central America was Guatemala, with $74 million, followed by Nicaragua, with $46 million, El Salvador, with $38 million, Honduras, with $22 million, Panama, with $6 million and Costa Rica, with $4 million.

Last year, three of the six countries recorded year-on-year increases in their purchases. In Nicaragua, Guatemala and El Salvador, imports increased by 19%, 16% and 8%, in that order.

In the case of Honduras, Panama and Costa Rica, the drops were 13%, 57% and 65%, respectively.

Variation in Regional Imports
Between 2019 and 2020, the value imported into the region increased by just 0.6%, going from $188 million to $189 million.

Regional purchases made from Vietnam register a considerable increase for the periods under analysis, as imports grew by 130% from $26 million to $60 million.

Origin of Imports
During 2020, 32% of the value purchased came from Vietnam, 15% from Turkey, 9% from Mexico, 3% from Barbados, 1% from South Korea, 1% from Peru, 1% from Colombia and 1% from the United States.

Vietnam is the market of origin of imports that has grown the most in recent years, given that in 2016 no significant purchases were reported and in 2020 it cornered 32% of the total imported by the region.

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More on this topic

Central America: Vietnamese Cement Gaining Ground

April 2021

In recent years, cement from Vietnam has gained importance in terms of the amount purchased, as from January to September 2018 they represented 10% of total regional imports and for the same period in 2020 the proportion rose to 30%.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]

Cement: How do Markets Behave?

January 2021

El Salvador, Guatemala and Nicaragua were the Central American markets that increased their hydraulic cement imports in the first half of 2020 in year-on-year terms.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]

Vietnamese Cement in Central America

September 2019

During the first quarter of 2019, Central American companies imported hydraulic cement for $47 million, and purchases from companies in Vietnam increased 155% over the same period in 2018.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]

Cement: Regional Purchases Up 9%

September 2018

In the first three months of 2018, countries in Central America imported $36 million worth of hydraulic cement, 9% more than was purchased in the same period in 2017.

Figures from the Information System on the Hydraulic Cement Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]