Which Country Exports the Most Cement in the World?

IndexBox has just published a new report "World: Cement - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

Global cement imports stood at 398M tonnes in 2016, dropping by -1.7% against the previous year level. Overall, cement imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014, when import increased by 4% from the previous year level. Over the period under review, global cement imports reached its maximum volume of 405M tonnes in 2015, falling back in the following year.

In value terms, cement imports stood at $11B in 2016. Overall, cement imports continue to indicate a mild reduction. Global cement import peaked of $13B in 2014- however, from 2015 to 2016, it stood at a somewhat lower level.

Top Cement Importing Countries in the World

1. Bangladesh (411.8 million USD)

2. Germany (180.8 million USD)

3. India (114.6 million USD)

4. South Korea (69.5 million USD)

5. Spain (39.6 million USD)

6. Viet Nam (38.0 million USD)

7. United Arab Emirates (37.6 million USD)

8. Japan (37.4 million USD)

9. Turkey (16.5 million USD)

10. Pakistan (15.3 million USD)

11. China (14.9 million USD)

12. Thailand (6.8 million USD)

Cement Imports By Country

In 2016, Viet Nam (59M tonnes), followed by China (33M tonnes), Turkey (21M tonnes), and Thailand (19M tonnes) represented the main importers of cement, together comprising 33% of total imports. Bangladesh (14M tonnes), Pakistan (12M tonnes), Japan (12M tonnes), South Korea (11M tonnes), Spain (9.4M tonnes), United Arab Emirates (7.7M tonnes), Germany (7.1M tonnes), and India (6.8M tonnes) held the slight share of total imports.

From 2007 to 2016, the most notable growth rate of cement imports, among the main importing countries, was attained by Bangladesh (+7.3% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Bangladesh ($412M) constitutes the largest market for imported cement worldwide, making up 4% of global imports. The second position in the ranking was occupied by Germany ($181M), with the share of 2% of global imports. It was followed by India, with the share of 1%.

In Bangladesh, cement imports expanded at an average annual rate of +2.7% over the period from 2007-2016. In the other countries, the average annual rates were as follows: Germany (+0.8% per year) and India (+15.0% per year).

Cement Import Prices By Country

In 2016, the average import price for cement amounted to $27 per tonne, falling by -10.0% against the previous year. In general, cement import price continues to indicate a measured drop. The growth pace was the most rapid in 2011, when import increased by 10% y-o-y. Global cement import peaked of $35 per tonne in 2008- however, from 2009 to 2016, it failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Bangladesh ($30 per tonne), while China ($0 per kg) was among the lowest.

From 2007 to 2016, the most notable growth rate of cement import prices was attained by India (+10.4% 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