Brazil: Cement Sales Reach 4.6 Million Tons in February, Up by 3.9%, Indicates SNIC
However, there was a 4.1% decline from January, as reported by the National Union of the Cement Industry (SNIC).
The latest data from the National Union of the Cement Industry (SNIC) reveals that cement sales in February 2024 reached 4.6 million tons, showing a significant 3.9% growth compared to the corresponding period in the previous year. Despite this positive trend, there was a slight decrease of 4.1% in sales when compared to January figures, according to statistics provided by SNIC.
An important indicator, the daily sales per working day, stood at 219.8 thousand tons in February, reflecting a decrease of 0.8% year-on-year and a 1.3% drop compared to the year-to-date figures. SNIC's data also indicates that in the cumulative period of 2024, approximately 9.4 million tons of cement have been sold, representing a modest increase of 0.6% compared to the same period last year.
This information is crucial for cement industry experts and researchers analyzing market dynamics, consumption patterns, and economic trends within the cement sector. The insights provided by these figures can offer valuable perspectives for stakeholders looking to navigate and capitalize on market opportunities effectively.
Source: UOL
