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"]
During 2020 in all countries of the region, construction activity decreased considerably and Central American cement imports stagnated, this adverse scenario is explained by the economic crisis generated by the pandemic.
The construction industry statistics system, which is part of the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence area, compiles the most important industry data for each of the countries in the region.
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"]
During the first quarter of 2020, Central American companies imported hydraulic cement for $48 million, and purchases from Turkey increased 154% compared to the same period in 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graph"]
The Legislative Assembly approved in second debate a bill that aims to tax in the country the sale and self-consumption of imported or locally produced cement.
The initiative, which was approved in the first debate in the Assembly in mid-February and is still pending approval by the Executive Branch, establishes that the tax will be on imported cement produced nationally, in bags or in bulk, for sale or self-consumption, of any kind, whose destination is the consumption and marketing of the product nationally.
The Assembly approved in first debate a bill that seeks to tax the sale and self-consumption of cement that is imported or locally produced.
The initiative establishes that the tax will be on cement imported and produced nationally, in bags or in bulk, for sale or self-consumption, of any kind, whose destination is the consumption and marketing of the product at the national level, reported the Legislative Assembly.
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"]
During the first nine months of 2018, Central American companies imported hydraulic cement for $110 million, and purchases from Mexico doubled compared to the same period in 2017.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
During the first six months of 2018, Central American companies imported hydraulic cement for $77 million, and purchases from China increased 42% over the same period in 2017.
Figures from the information system on the the Hydraulic Cement Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
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"]
In the first nine months of 2017, countries in the region imported $110 million worth of hydraulic cement, 38% more than was purchased in the same period in 2016.
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 the graph"]
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