Which Country Exports the Most Cement in the World?

In 2016, the global cement exports stood at 214M tonnes, growing by 6% against the previous year level. The total export volume increased at an average annual rate of +2.5% from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2014, when it surged by 10% year-to-year. Global cement export peaked in 2016, and are expected to retain its growth in the near future.

In value terms, cement exports amounted to $9.3B in 2016. In general, cement exports continue to indicate a relatively flat trend pattern. Global cement export peaked of $12B in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

Top Cement Exporting Countries in the World

1. China (683.6 million USD)

2. Thailand (612.6 million USD)

3. Viet Nam (560.2 million USD)

4. Turkey (493.0 million USD)

5. Germany (486.3 million USD)

6. Spain (477.3 million USD)

7. Japan (391.3 million USD)

8. Pakistan (296.1 million USD)

9. United Arab Emirates (277.3 million USD)

10. India (267.0 million USD)

11. Greece (248.6 million USD)

12. South Korea (162.9 million USD)

Cement Exports By Country

In 2016, Viet Nam (59M tonnes) represented the main exporter for cement, mixed up 28% of total exports. It was distantly followed by China (18M tonnes), Thailand (14M tonnes), Japan (12M tonnes), and Turkey (11M tonnes), together comprising 25% share of total cement exports. The following exporters - Spain (9.4M tonnes), Germany (6.5M tonnes), India (5.9M tonnes), Greece (5.7M tonnes), Pakistan (5.7M tonnes), United Arab Emirates (5.4M tonnes), and South Korea (5M tonnes) together made up 20% of total exports.

Viet Nam was also the fastest growing in terms of the cement exports, with a CAGR of +31.2% from 2007 to 2016. At the same time, Spain (+23.2%), United Arab Emirates (+15.5%), India (+5.1%), Greece (+4.8%), Turkey (+4.1%), Pakistan (+2.4%), and Japan (+2.1%) displayed positive paces of growth. By contrast, Germany (-2.3%), South Korea (-2.5%), Thailand (-3.4%), and China (-6.6%) illustrated a downward trend over the same period. While the share of China (7%), and Thailand (2%) increased significantly, the share of Turkey (-1.6%), United Arab Emirates (-1.8%), Spain (-3.7%), and Viet Nam (-25.3%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cement markets worldwide were China ($684M), Thailand ($613M) and Viet Nam ($560M), together accounting for 20% of global exports.

Viet Nam (+73.6% per year) recorded the highest rates of growth with regard to the cement exports, in terms of the main exporting countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Cement Export Prices By Country

In 2016, the average export price for cement amounted to $44 per tonne, falling by -13.7% against the previous year. Overall, cement export price continues to indicate a significant drop. The most prominent rate of growth was recorded in 2008, when it surged by 16% from the previous year level. Over the period under review, average cement export price reached its maximum level of $71 per tonne in 2012; however, from 2013 to 2016, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Germany ($75 per tonne), while Viet Nam ($9 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of cement export prices was attained by Viet Nam (+27.7% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global cement market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• cement market share
• cement prices
• cement industry
• cement sales
• cement import
• cement export
• cement market forecast
• cement price forecast
• key cement producers

All data provided in this article covers the following product: HS Code 2523 - Portland cement, aluminous cement (ciment fondu), slag cement, supersulphate cement and similar hydraulic cements, whether or not coloured or in the form of clinkers.

Source: World: Cement - Market Report. Analysis and Forecast to 2025