2024, Mexico produced a total of 21.483 million tons of cement, an increase of 4.5% over the same period last year, an increase of 2.0 percentage points over the same period last year. In 2023, the Mexican government promoted the construction of large-scale infrastructure projects, and the added value of the construction industry increased by 15.6%, bringing a large demand for cement. This growth trend continued until the first half of 2024, and as the project entered the peak period of construction, the growth rate of cement demand further increased. However, as some infrastructure projects are about to enter the final stage, the annual cement demand growth rate will gradually fall to around 2%, and Mexico's total cement consumption in 2024 is expected to be around 46.4 million tons.