World - Cement - Market Analysis, Forecast, Size, Trends And Insights
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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.
Cement - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | United States |
| 3 | India |
| 4 | Vietnam |
| 5 | Indonesia |
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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Japan | 46 | 50 | 34 | -14.0% |
| Pakistan | 49 | 55 | 40 | -9.6% |
| Saudi Arabia | 59 | 58 | 42 | -15.6% |
| Vietnam | 61 | 60 | 44 | -15.1% |
| Turkey | 77 | 70 | 48 | -21.0% |
| Greece | 68 | 65 | 52 | -12.6% |
| Thailand | 57 | 62 | 57 | 0.0% |
| China | 67 | 63 | 70 | 2.2% |
| Slovakia | 67 | 70 | 74 | 5.1% |
| Spain | 76 | 79 | 81 | 3.2% |
| Germany | 83 | 81 | 84 | 0.6% |
| Belgium | 85 | 84 | 86 | 0.6% |
| Canada | 104 | 106 | 103 | -0.5% |
| Average | 72 | 74 | 65 | -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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| France | 100 | 99 | 95 | -2.5% |
| Netherlands | 78 | 76 | 84 | 3.8% |
| Palestine | 72 | 71 | 75 | 2.1% |
| Poland | 74 | 74 | 73 | -0.7% |
| United States | 89 | 87 | 70 | -11.3% |
| Philippines | 76 | 79 | 57 | -13.4% |
| Sri Lanka | 47 | 47 | 53 | 6.2% |
| Hong Kong SAR | 54 | 53 | 52 | -1.9% |
| Uzbekistan | 46 | 48 | 52 | 6.3% |
| Singapore | 31 | 36 | 49 | 25.7% |
| China | 115 | 139 | 48 | -35.4% |
| Israel | 45 | 42 | 41 | -4.5% |
| Afghanistan | 41 | 42 | 39 | -2.5% |
| Average | 73 | 74 | 70 | -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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 1.2 | 1.3 | 1.1 | -6.4% |
| Philippines | 0.07 | 0.1 | 0.3 | 119.3% |
| France | 0.4 | 0.3 | 0.3 | -9.0% |
| Netherlands | 0.3 | 0.3 | 0.3 | -4.9% |
| Israel | 0.1 | 0.1 | 0.2 | 60.0% |
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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Turkey | 0.4 | 0.6 | 0.8 | 32.7% |
| Vietnam | 0.4 | 0.5 | 0.6 | 22.5% |
| Germany | 0.5 | 0.5 | 0.5 | -0.7% |
| Canada | 0.5 | 0.5 | 0.5 | -3.1% |
| Thailand | 0.3 | 0.3 | 0.3 | -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
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
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- 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
+ the largest producing countries
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:
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.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE 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 EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
-
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- 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
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption, by Country, 2022–2024
- Production, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Consumption, by Country, 2024
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, by Country, 2024
- Production, In Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
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This report provides an in-depth analysis of the global cement market.
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This report provides an in-depth analysis of the global cement clinker market.
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Global cement imports stood at X tons in 2016, dropping by -X% against the previous year level. Overall, cement imports continue to indicate a relatively flat trend pattern. The pace of growth ...
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