LATIN AMERICA | MARKET INSIGHT


Latin America’s construction industry is bracing for a challenging 2025, shaped by rising geopolitical tensions, tighter fiscal conditions and divergent national performance. Regional output is projected to shrink by 0.6% in 2025, reversing the modest 0.7% growth seen in 2024. US-led trade actions – particularly broad tariffs on steel and aluminium, alongside new oil-related sanctions – are disrupting export-reliant economies such as Mexico, Brazil and Chile.


www.hoistmagazine.com | September 2025 | 39


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