
U.S. - Cement - Market Analysis, Forecast, Size, Trends And Insights
U.S. Cement Imports Rise 30% to $1.4B
IndexBox has just published a new report: 'U.S. - Cement - Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report's key findings.
The U.S. sharply increased cement imports by 30% y/y to $1.4B in 2021. In physical terms, supplies grew by 28% y/y to 20M tons. Canada, Turkey, and Mexico remain the major cement providers to the U.S.
U.S. Cement Imports by Country
Cement imports into the U.S. rose slightly to 15M tons in 2020, increasing by 4.2% against the previous year. In value terms, purchases amounted to $1.3B (IndexBox estimates).
Canada (4.4M tons), Turkey (4.1M tons) and Mexico (1.7M tons) were the leading suppliers of cement imports to the U.S., with a combined 66% share of total imports. These countries were followed by Greece, Vietnam, South Korea and Taiwan (Chinese), which accounted for a further 28%.
In value terms, Canada ($460M), Turkey ($259M) and Mexico ($160M) constituted the largest cement suppliers to the U.S., together comprising 68% of total imports. Greece, Vietnam, South Korea and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 22%.
In 2020, the average cement import price amounted to $83 per ton, declining by -4.5% against the previous year. Prices varied noticeably by the country of origin; the country with the highest price was Canada ($104 per ton), while the price for Greece ($61 per ton) was amongst the lowest. In 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the cement market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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