The cement industry in the Dominican Republic remains one of the most competitive in recent years, with retail prices in hardware stores 23% lower than the average for the region.
For the analysis, in addition to the local statistics published by the Central Bank, the retail prices in hardware stores in countries such as Colombia, Peru, Panama, Costa Rica, Guatemala, Nicaragua, Trinidad, Puerto Rico, whose Prices range between US$8.3 and US$10.1.
The aforementioned analysis indicates that in the Dominican Republic the price of sale to the public in its equivalent in dollars today in hardware stores is equal to the price of 10 years ago, in an industry that 70% of its costs are imported, so there is no they are exempt from the accelerated increases in commodities worldwide. The main factor that has influenced the good positioning of cement is to offer the consumer a quality product.
