Report U.S. - Cement - Market Analysis, Forecast, Size, Trends and Insights for 499$
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U.S. - Cement - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Cement Market 2022

Cement Market Size in the U.S.

The U.S. cement market amounted to $X in 2021, growing by 3.1% against the previous year. Overall, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +67.1% against 2012 indices. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in years to come.

Cement Production in the U.S.

In value terms, cement production fell to $X in 2021. The total output value increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 15% against the previous year. Cement production peaked at $X in 2020, and then contracted modestly in the following year.

Cement Exports

Exports from the U.S.

In 2021, exports of cement from the United States expanded markedly to X tons, surging by 10% on 2020 figures. In general, exports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of 44% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, cement exports surged to $X in 2021. Over the period under review, exports, however, recorded a perceptible decline. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for cement exports from the United States, with a 87% share of total exports. Moreover, cement exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), more than tenfold. Bahamas (X tons) ranked third in terms of total exports with a 3.5% share.

From 2012 to 2021, the average annual growth rate of volume to Canada stood at -4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-4.7% per year) and Bahamas (-14.8% per year).

In value terms, Canada ($X) remains the key foreign market for cement exports from the United States, comprising 80% of total exports. The second position in the ranking was held by Mexico ($X), with a 7.5% share of total exports. It was followed by Bahamas, with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada amounted to -3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-1.7% per year) and Bahamas (-5.6% per year).

Export Prices by Country

In 2021, the average cement export price amounted to $X per ton, growing by 9.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2015 when the average export price increased by 59%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Jamaica ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cement Imports

Imports into the U.S.

For the seventh year in a row, the United States recorded growth in supplies from abroad of cement, which increased by 29% to X tons in 2021. Overall, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 70%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, cement imports soared to $X in 2021. In general, imports showed a buoyant expansion. The growth pace was the most rapid in 2015 when imports increased by 35% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Turkey (X tons), Canada (X tons) and Greece (X tons) were the main suppliers of cement imports to the United States, with a combined 65% share of total imports.

From 2012 to 2021, the biggest increases were in Turkey (with a CAGR of +106.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cement suppliers to the United States were Canada ($X), Turkey ($X) and Mexico ($X), together accounting for 64% of total imports. These countries were followed by Vietnam, Greece, South Korea, Taiwan (Chinese) and China, which together accounted for a further 20%.

Vietnam, with a CAGR of +89.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cement import price amounted to $X per ton, with an increase of 2.6% against the previous year. Over the period under review, the import price, however, recorded a perceptible slump. The growth pace was the most rapid in 2014 when the average import price increased by 24% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for cement in the world?
+
The country with the largest volume of cement consumption was China, comprising approx. 56% of total volume. Moreover, cement consumption in China exceeded the figures recorded by the second-largest consumer, India, sevenfold. The third position in this ranking was held by the United States, with a 2.9% share.
What are the largest producers of cement in the world?
+
China remains the largest cement producing country worldwide, accounting for 56% of total volume. Moreover, cement production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. The United States ranked third in terms of total production with a 2.4% share.
What are the leading suppliers of cement to the U.S.?
+
In value terms, the largest cement suppliers to the United States were Canada, Turkey and Mexico, together accounting for 64% of total imports. These countries were followed by Vietnam, Greece, South Korea, Taiwan Chinese) and China, which together accounted for a further 20%.
What are the leading importers of cement from the U.S.?
+
In value terms, Canada remains the key foreign market for cement exports from the United States, comprising 80% of total exports. The second position in the ranking was taken by Mexico, with a 7.5% share of total exports. It was followed by Bahamas, with a 4.1% share.
What is the average export price for cement in the U.S.?
+
The average cement export price stood at $151 per ton in 2021, picking up by 9.3% against the previous year.
What is the average import price for cement in the U.S.?
+
The average cement import price stood at $72 per ton in 2021, growing by 2.6% against the previous year.

This report provides an in-depth analysis of the cement market in the U.S.. 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:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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:
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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