World - Cement - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Dec 1, 2023

World - Cement - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)

Cement Market

Cement market: find the latest information provided by an Ai-driven BI platform. Statistics cover companies, imports, production, exports, trade, market prices, market size, and consumption. Here is a breakdown by country, including the U.S., the U.K., Russia, Africa, Latin America, China, EU, and the Middle East. Market insights and outlook to 2030 are also provided in the reports.


Need Cement Market data? GET FREE ACCESS

Cement - World's Largest Markets

RatingCountry
1China
2United States
3India
4Vietnam
5Indonesia

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

From 2018 to 2020, the average annual rate of growth in terms of value in China totaled +5.3%. In the other countries, the average annual rates were as follows: the United States (-1.1% per year) and India (+2.4% per year).

Cement Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Japan465034-14.0%
Pakistan495540-9.6%
Saudi Arabia595842-15.6%
Vietnam616044-15.1%
Turkey777048-21.0%
Greece686552-12.6%
Thailand5762570.0%
China6763702.2%
Slovakia6770745.1%
Spain7679813.2%
Germany8381840.6%
Belgium8584860.6%
Canada104106103-0.5%
Average727465-5.0%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Canada ($103 per ton), while Japan ($34 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Slovakia, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
France1009995-2.5%
Netherlands7876843.8%
Palestine7271752.1%
Poland747473-0.7%
United States898770-11.3%
Philippines767957-13.4%
Sri Lanka4747536.2%
Hong Kong SAR545352-1.9%
Uzbekistan4648526.3%
Singapore31364925.7%
China11513948-35.4%
Israel454241-4.5%
Afghanistan414239-2.5%
Average737470-2.4%

Prices varied noticeably by the country of destination; the country with the highest price was France ($95 per ton), while Afghanistan ($39 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the other global leaders experienced more modest paces of growth.

Cement - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States1.21.31.1-6.4%
Philippines0.070.10.3119.3%
France0.40.30.3-9.0%
Netherlands0.30.30.3-4.9%
Israel0.10.10.260.0%

In value terms, the United States ($1.1B) constitutes the largest market for imported cement worldwide, comprising 14% of global imports. The second position in the ranking was occupied by the Philippines ($324M), with a 4.2% share of global imports. It was followed by France, with a 4.1% share.

In the United States, cement imports declined by an average annual rate of -6.4% over the period from 2018-2020. In the other countries, the average annual rates were as follows: the Philippines (+119.3% per year) and France (-9.0% per year).

Cement - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Turkey0.40.60.832.7%
Vietnam0.40.50.622.5%
Germany0.50.50.5-0.7%
Canada0.50.50.5-3.1%
Thailand0.30.30.3-6.5%

In value terms, the largest cement supplying countries worldwide were Turkey ($771M), Vietnam ($582M) and Germany ($515M), together comprising 24% of global exports. These countries were followed by Canada, Thailand, Spain, China, Belgium, Japan, Slovakia, Greece, Pakistan and Saudi Arabia, which together accounted for a further 27%.

Among the main exporting countries, Saudi Arabia recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Cement - Market Forecast

Driven by increasing demand for cement worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Cement - Top Companies

Jura-Cement-Fabriken AG, Juracime S.A., Holcim (Schweiz) AG, Yangquan Jinsheng Engineering Materials Co., Ltd., HeidelbergCement AG, China National Building Material Company Limitd, Cemex, S.A.B. de C.V., Anhui Conch Cement Company Limited, BBMG Corporation, China National Materials Company Limited, TAIHEIYO CEMENT CORPORATION, ULTRATECH CEMENT LIMITED, AMBUJA CEMENTS LIMITED, TAIWAN CEMENT CORPORATION, BORAL CEMENT LIMITED, BORAL MASONRY LTD, Huaxin Cement Co., Ltd., VICAT, Ciments Vigier SA, Lafarge North America Inc.

Cement - Product Coverage

  • HS 252321 - Cement; portland, white, whether or not artificially coloured
  • HS 252329 - Cement; portland, other than white, whether or not artificially coloured
  • HS 252330 - Cement; aluminous (ciment fondu), whether or not coloured or in the form of clinkers
  • HS 252390 - Cement; hydraulic kinds n.e.s. in heading no. 2523

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global cement market. 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.


Product coverage:
• Prodcom 23511210 - Portland cement
• Prodcom 23511290 - Other hydraulic cements

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Company coverage:
Lafarge Holcim, Cemex, CRH, Buzzi Unicem, Argos USA Corporation, Ash Grove Cement Company, Eagle Materials, Lehigh Hanson, CalPortland Company, Holcim, Anhui Conch, China National Building Materials, HeidelbergCement, Italcementi, China Resources Cement Holdings, Taiwan Cement Corporation, Eurocement, Votorantim Cimentos, Sinoma, Buzzi Unicem, Huaxin Cement, Jidong, Ultratech, F.W. Webb Company, Ellsworth Adhesives, Ryan Herco Flow Solutions

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2022
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2022
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    1. United States
    2. China
    3. Japan
    4. Germany
    5. United Kingdom
    6. France
    7. Brazil
    8. Italy
    9. Russian Federation
    10. India
    11. Canada
    12. Australia
    13. Republic of Korea
    14. Spain
    15. Mexico
    16. Indonesia
    17. Netherlands
    18. Turkey
    19. Saudi Arabia
    20. Switzerland
    21. Sweden
    22. Nigeria
    23. Poland
    24. Belgium
    25. Argentina
    26. Norway
    27. Austria
    28. Thailand
    29. United Arab Emirates
    30. Colombia
    31. Denmark
    32. South Africa
    33. Malaysia
    34. Israel
    35. Singapore
    36. Egypt
    37. Philippines
    38. Finland
    39. Chile
    40. Ireland
    41. Pakistan
    42. Greece
    43. Portugal
    44. Kazakhstan
    45. Algeria
    46. Czech Republic
    47. Qatar
    48. Peru
    49. Romania
    50. Vietnam
  12. LIST OF TABLES
    1. Key Findings In 2022
    2. Market Volume, In Physical Terms, 2012–2022
    3. Market Value, 2012–2022
    4. Per Capita Consumption, By Country, 2018–2022
    5. Production, In Physical Terms, By Country, 2012–2022
    6. Imports, In Physical Terms, By Country, 2012–2022
    7. Imports, In Value Terms, By Country, 2012–2022
    8. Import Prices, By Country Of Destination, 2012–2022
    9. Exports, In Physical Terms, By Country, 2012–2022
    10. Exports, In Value Terms, By Country, 2012–2022
    11. Export Prices, By Country Of Origin, 2012–2022
  13. LIST OF FIGURES
    1. Market Volume, In Physical Terms, 2012–2022
    2. Market Value, 2012–2022
    3. Consumption, By Country, 2022
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2022
    18. Production, In Value Terms, 2012–2022
    19. Production, By Country, 2022
    20. Production, In Physical Terms, By Country, 2012–2022
    21. Imports, In Physical Terms, 2012–2022
    22. Imports, In Value Terms, 2012–2022
    23. Imports, In Physical Terms, By Country, 2022
    24. Imports, In Physical Terms, By Country, 2012–2022
    25. Imports, In Value Terms, By Country, 2012–2022
    26. Import Prices, By Country, 2012–2022
    27. Exports, In Physical Terms, 2012–2022
    28. Exports, In Value Terms, 2012–2022
    29. Exports, In Physical Terms, By Country, 2022
    30. Exports, In Physical Terms, By Country, 2012–2022
    31. Exports, In Value Terms, By Country, 2012–2022
    32. Export Prices, 2012–2022
Store
Blog
Event
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Port Authority of New York and New Jersey
Buro Happold
IndexBox Inc.
EIT InnoEnergy
Ambient Energy, A Mead & Hunt Company
Weitzman School Of Design, University of Pennsylvania
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Westbrook Stevens, LLC
Radicle
IndexBox Inc.
NCX
Mpowa
Digital20
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Hyphen Global AG
JRP
IndexBox Inc.
SDXspace
JLL
Lynx Global Intelligence
Biogas Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global biogas market.

Centrica Energy Trading
Agromin
AFS Energy
IndexBox Inc.
Ecogen Brasil
Thyson Technology Ltd
Wind Energy Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global wind energy market.

IndexBox Inc.
MULTIPLIANCE
Grupo MAE Energías Renovables
Albanian Renewable Energy Association - AREA
CMS Cameron McKenna Nabarro
Solar Energy Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global solar energy market.

DLA Piper
IndexBox Inc.
MULTIPLIANCE
Suntuity
Grupo MAE Energías Renovables
Ørsted
Pfister Energy
Webinar: Global Biomass Market - Statistics, Regulation, and Outlook

Join our live webinar to get insights into the global biomass market.

UNDP
IndexBox Inc.
Instituto Mexicano del Petróleo
Center for Sustainable Future Technologies
Webinar: Global Recovered Paper Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global recovered paper market.

Recovered Paper Consulting, LLC
IndexBox Inc.
Mid America Paper Recycling
Group EcoBox OU
Webinar: Global Solid Biofuels Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global solid biofuels market.

Pond & Company
World Bioenergy Association
IndexBox Inc.
Energy Markets Global
Webinar: Global Lithium Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global lithium carbonate market.

Wood
EVShare
IndexBox Inc.
SPM

Free Data: Cement - World