India: Cement Pipe Market 2025

Cement Pipe Market Size in India

The Indian cement pipe market fell to $X in 2022, remaining relatively unchanged against the previous year. Overall, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by +0.1% against 2020 indices. Cement pipe consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Cement Pipe Production in India

In value terms, cement pipe production dropped slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.8% against 2020 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 22% against the previous year. Cement pipe production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Cement Pipe Exports

Exports from India

In 2022, cement pipe exports from India surged to X tons, picking up by 46% compared with the previous year's figure. Over the period under review, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of 83%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, cement pipe exports rose markedly to $X in 2022. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 112%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for cement pipe exports from India, accounting for a 86% share of total exports. Moreover, cement pipe exports to the United States exceeded the volume sent to the second major destination, Bangladesh (X tons), more than tenfold. The UK (X tons) ranked third in terms of total exports with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +61.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+3.4% per year) and the UK (+54.9% per year).

In value terms, the United States ($X) remains the key foreign market for pipes and other articles of cement exports from India, comprising 92% of total exports. The second position in the ranking was taken by the UK ($X), with a 2.3% share of total exports. It was followed by Canada, with a 1.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +52.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+47.6% per year) and Canada (+21.4% per year).

Export Prices by Country

The average cement pipe export price stood at $X per ton in 2022, which is down by -23.7% against the previous year. Over the period under review, the export price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2015 an increase of 101%. The export price peaked at $X per ton in 2021, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Sri Lanka ($X 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 Sri Lanka (-0.4%), while the prices for the other major destinations experienced a decline.

Cement Pipe Imports

Imports into India

In 2022, approx. X tons of pipes and other articles of cement were imported into India; surging by 6.3% on 2021 figures. Overall, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 160% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, cement pipe imports contracted to $X in 2022. Over the period under review, imports showed a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of 88% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Vietnam (X tons) constituted the largest supplier of cement pipe to India, accounting for a 51% share of total imports. Moreover, cement pipe imports from Vietnam exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), fourfold. The third position in this ranking was held by Turkey (X tons), with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Vietnam amounted to +72.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+18.9% per year) and Turkey (+114.4% per year).

In value terms, Vietnam ($X), Singapore ($X) and Turkey ($X) appeared to be the largest cement pipe suppliers to India, together accounting for 51% of total imports.

Turkey, with a CAGR of +278.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cement pipe import price stood at $X per ton in 2022, dropping by -13.3% against the previous year. Overall, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 37%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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