Latest Report Update: Apr 20, 2021

World - Cement - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Global Cement Market Overview 2021

Cement Market Size

The global cement market fell to $X in 2019, shrinking by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2009 when the market value increased by X% y-o-y. Global consumption peaked at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.

Cement Production

In value terms, cement production fell to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Global production peaked at $X in 2014; however, from 2015 to 2019, production failed to regain the momentum.

Production By Country

China (X tonnes) constituted the country with the largest volume of cement production, comprising approx. X% of total volume. Moreover, cement production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), eightfold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

In China, cement production expanded at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and the U.S. (-X% per year).

Cement Exports

Exports

In 2019, shipments abroad of cement increased by X% to X tonnes, rising for the second year in a row after four years of decline. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. Global exports peaked in 2019 and are expected to retain growth in years to come.

In value terms, cement exports rose slightly to $X in 2019. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, global exports hit record highs at $X in 2014; however, from 2015 to 2019, exports remained at a lower figure.

Exports by Country

Viet Nam (X tonnes), Turkey (X tonnes), China (X tonnes), Germany (X tonnes), Japan (X tonnes), Thailand (X tonnes), Canada (X tonnes), Pakistan (X tonnes), Spain (X tonnes), Greece (X tonnes), Slovakia (X tonnes) and Ireland (X tonnes) represented roughly X% of total exports of cement in 2019. Iran (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Iran, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Viet Nam ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2019, with a combined X% share of global exports. Canada, China, Thailand, Japan, Spain, Pakistan, Ireland, Greece, Slovakia and Iran lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average cement export price stood at $X per tonne in 2019, falling by -X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Canada ($X per tonne), while Iran ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Cement Imports

Imports

In 2019, overseas purchases of cement increased by X% to X tonnes, rising for the second year in a row after two years of decline. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. From 2014 to 2019, the growth of global imports remained at a lower figure.

In value terms, cement imports expanded modestly to $X in 2019. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Global imports peaked at $X in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, the U.S. (X tonnes), distantly followed by the Philippines (X tonnes) represented the largest importers of cement, together making up X% of total imports. Singapore (X tonnes), the Netherlands (X tonnes), France (X tonnes), Uzbekistan (X tonnes), Yemen (X tonnes), Hong Kong SAR (X tonnes), Sri Lanka (X tonnes), Israel (X tonnes), the UK (X tonnes), Oman (X tonnes) and Libya (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to cement imports into the U.S. stood at -X%. At the same time, Uzbekistan (+X%), the Philippines (+X%), Israel (+X%), Oman (+X%), Hong Kong SAR (+X%), Yemen (+X%), the Netherlands (+X%), Libya (+X%), the UK (+X%), Sri Lanka (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2019. By contrast, France (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of the Philippines, Uzbekistan, Israel and Oman increased by +X%, +X%, +X% and +X% percentage points, while the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported cement worldwide, comprising X% of global imports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in the U.S. totaled -X%. In the other countries, the average annual rates were as follows: the Philippines (+X% per year) and France (-X% per year).

Import Prices by Country

In 2019, the average cement import price amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the import price saw a slight downturn. The pace of growth was the most pronounced in 2011 when the average import price increased by X% against the previous year. Global import price peaked at $X per tonne in 2008; however, from 2009 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was France ($X per tonne), while Israel ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cement in the world?
+
China (2,337M tonnes) remains the largest cement consuming country worldwide, comprising approx. 58% of total volume. Moreover, cement consumption in China exceeded the figures recorded by the second-largest consumer, India (288M tonnes), eightfold. The third position in this ranking was occupied by the U.S. (104M tonnes), with a 2.6% share.
What are the largest producers of cement in the world?
+
The country with the largest volume of cement production was China (2,345M tonnes), accounting for 58% of total volume. Moreover, cement production in China exceeded the figures recorded by the second-largest producer, India (290M tonnes), eightfold. The U.S. (89M tonnes) ranked third in terms of total production with a 2.2% share.
What are the leading suppliers of cement in the world?
+
In value terms, Turkey ($570M), Viet Nam ($551M) and Germany ($534M) constituted the countries with the highest levels of exports in 2019, together comprising 20% of global exports. These countries were followed by Canada, China, Thailand, Japan, Spain, Pakistan, Ireland, Greece, Slovakia and Iran, which together accounted for a further 32%.
What are the leading importers of cement in the world?
+
In value terms, the U.S. ($1.2B) constitutes the largest market for imported cement worldwide, comprising 15% of global imports. The second position in the ranking was occupied by the Philippines ($364M), with a 4.5% share of global imports. It was followed by France, with a 4% share.
What is the average export price for cement in the world?
+
In 2019, the average cement export price amounted to $71 per tonne, with a decrease of -4.4% against the previous year.
What is the average import price for cement in the world?
+
The average cement import price stood at $69 per tonne in 2019, waning by -3.6% against the previous year.

Product coverage:

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 2025.



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

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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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