Asia-Pacific: Cement Clinker Market 2024

Cement Clinker Market Size in Asia-Pacific

The Asia-Pacific cement clinker market surged to $X in 2022, jumping by X% against the previous year. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Cement Clinker Production in Asia-Pacific

In value terms, cement clinker production surged to $X in 2022 estimated in export price. Overall, production, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. Over the period under review, production hit record highs in 2022 and is expected to retain growth in the immediate term.

Cement Clinker Exports

Exports in Asia-Pacific

In 2022, shipments abroad of cement clinker decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, recorded mild growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, cement clinker exports fell markedly to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then fell significantly in the following year.

Exports by Country

Vietnam was the largest exporter of cement clinker in Asia-Pacific, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Indonesia (X tons), Thailand (X tons) and Japan (X tons), together creating a X% share of total exports. The following exporters - South Korea (X tons) and Pakistan (X tons) - each reached an X% share of total exports.

Exports from Vietnam increased at an average annual rate of X% from 2012 to 2022. At the same time, Indonesia (X%) and Pakistan (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. Japan and Thailand experienced a relatively flat trend pattern. By contrast, South Korea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia, Vietnam and Pakistan increased by X, X and X percentage points, respectively.

In value terms, Vietnam ($X) remains the largest cement clinker supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Indonesia ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In Vietnam, cement clinker exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, remaining constant against the previous year. In general, the export price, however, continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Vietnam ($X per ton) and Indonesia ($X per ton), while Pakistan ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced a decline in the export price figures.

Cement Clinker Imports

Imports in Asia-Pacific

After eight years of growth, overseas purchases of cement clinker decreased by X% to X tons in 2022. Overall, imports, however, saw a remarkable increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then reduced notably in the following year.

In value terms, cement clinker imports declined sharply to $X in 2022. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then contracted markedly in the following year.

Imports by Country

In 2022, Bangladesh (X tons), distantly followed by China (X tons), Australia (X tons), the Philippines (X tons), Taiwan (Chinese) (X tons) and Sri Lanka (X tons) represented the key importers of cement clinker, together committing X% of total imports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X), China ($X) and Australia ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform