India - Cement - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCement Price in India - 2023
Contents:
- Cement Price in India (CIF) - 2023
- Cement Price in India (FOB) - 2022
- Cement Imports in India
- Cement Exports in India
Cement Price in India (CIF) - 2023
The average cement import price stood at $89.0 per ton in September 2023, standing approximately at the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 17% against the previous month. The import price peaked at $106 per ton in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United Arab Emirates ($115 per ton), while the price for Nepal ($56.0 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Bhutan (0.0%), while the prices for the other major suppliers experienced a decline.
Cement Price in India (FOB) - 2022
The average cement export price stood at $55 per ton in 2022, jumping by 20% against the previous year. Over the period under review, the export price, however, showed a mild downturn. The export price peaked at $64 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nepal ($129 per ton), while the average price for exports to Sri Lanka ($57 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Cement Imports in India
In 2022, cement imports into India shrank markedly to 623K tons, reducing by -24.8% compared with the previous year. In general, imports recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of 828K tons, and then fell sharply in the following year.
In value terms, cement imports fell to $60M in 2022. Over the period under review, imports recorded a noticeable slump. The pace of growth appeared the most rapid in 2021 with an increase of 30%. As a result, imports attained the peak of $70M, and then fell in the following year.
| Import of Cement in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 22.5 | 24.9 | 30.5 | 24.9 | 3.4% |
| Bangladesh | 10.2 | 0.9 | 10.3 | 13.2 | 9.0% |
| Bhutan | 14.6 | 7.8 | 14.6 | 12.7 | -4.5% |
| Oman | N/A | 11.5 | 5.6 | 1.1 | -69.1% |
| Pakistan | 10.5 | N/A | N/A | N/A | 0% |
| Others | 11.5 | 8.6 | 9.0 | 7.9 | -11.8% |
| Total | 69.3 | 53.7 | 70.0 | 59.8 | -4.8% |
Top Suppliers of Cement to India in 2022:
- United Arab Emirates (230.4K tons)
- Bhutan (198.1K tons)
- Bangladesh (161.2K tons)
- Oman (19.1K tons)
- Pakistan (0.1K tons)
Cement Exports in India
For the third consecutive year, India recorded decline in shipments abroad of cement, which decreased by -26% to 875K tons in 2022. In general, exports showed a sharp decline. The smallest decline of -17% was in 2020.
In value terms, cement exports declined to $48M in 2022. Overall, exports continue to indicate a dramatic curtailment.
| Export of Cement in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 83.3 | 63.0 | 43.7 | 35.9 | -24.5% |
| Maldives | 6.7 | 4.7 | 2.6 | 6.3 | -2.0% |
| Nepal | 7.2 | 2.5 | 2.7 | 2.5 | -29.7% |
| Bhutan | 1.0 | 0.7 | 0.4 | 1.2 | 6.3% |
| Others | 3.3 | 5.0 | 4.7 | 2.3 | -11.3% |
| Total | 102 | 75.9 | 54.1 | 48.1 | -22.2% |
Top Export Markets for Cement from India in 2022:
- Sri Lanka (624.3K tons)
- Maldives (84.2K tons)
- Nepal (19.4K tons)
- Bhutan (12.7K tons)
This report provides an in-depth analysis of the cement market in India. 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
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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