Cement is often used in the building different types of projects like large-scale infrastructure and even house construction which boosts its demand. The globally increasing demand for cement across different industries has recorded an import value of 48 billion US dollars in 2023 followed by the import value of 2022 and 2021 worth 40 billion US dollars and 35 billion US dollars. The top importers involved in the global trade of cement are China, India, Bangladesh Philippines, and Vietnam which holds an import value of 5 billion US dollars, 4 billion US dollars, 2 billion US dollars, 1.8 billion US dollars, and 1 billion US dollars.
To fulfill the increasing demand for cement across the globe the manufacturing industries are increasing their production rate of cement for promoting its trade. The total export trade value of cement in 2023 has recorded a staggering value of 100 billion US dollars followed by the value of 50 billion US dollars and 42 billion US dollars in 2022 and 2021. The export trade rate of cement is facilitated by some top exporters like China, India, Turkey, Thailand, and Vietnam with an export trade value of 50 billion US dollars, 20 billion US dollars, 5 billion US dollars, 4 billion US dollars, and 3 billion US dollars.
The globally increasing demands for cement across different industries in the world encourage many of the top leaders to import it in huge amounts to generate staggering import revenue of trade. As per the Global Cement Import Data, the top 10 importers of cement in 2023 are discussed below,
• China – According to the China Import Data, the import trade value of cement in 2023 is 5 billion US dollars.
• India – According to the India Import Data, the import trade value of cement in 2023 is 4 billion US dollars.
• Bangladesh – According to the Bangladesh Import Data, the import trade value of cement in 2023 is 2 billion US dollars.
• Philippines – According to the Philippines Import Data, the import trade value of cement in 2023 is 1.8 billion US dollars.
• Vietnam – According to the Vietnam Import Data, the import trade value of cement in 2023 is 1 billion US dollars.
• Algeria – According to the Algeria Import Data, the import trade value of cement in 2023 is 900 million US dollars.
• Venezuela – According to the Venezuela Import Data, the import trade value of cement in 2023 is 800 million US dollars.
• Turkey – According to the Turkey Import Data, the import trade value of cement in 2023 is 700 million US dollars.
• Sri Lanka – According to the Sri Lanka Import Data, the import trade value of cement in 2023 is 600 million US dollars.
• Peru – According to the Peru Import Data, the import trade value of cement in 2023 is 500 million US dollars.
To match the tremendous increase in the demand for cement across industries, the top traders are more focused on the export trade of cement. As per the Global Cement Export Data, the top exporters of cement in 2023 with its trade values are discussed below,
• China – As per the China Export Data, the export trade value of cement in 2023 is 50 billion US dollars.
• India – As per the India Export Data, the export trade value of cement in 2023 is 20 billion US dollars.
• Turkey – As per the Turkey Export Data, the export trade value of cement in 2023 is 5 billion US dollars.
• Thailand – As per the Thailand Export Data, the export trade value of cement in 2023 is 4 billion US dollars.
• Vietnam – As per the Vietnam Export Data, the export trade value of cement in 2023 is 3 billion US dollars.
• Indonesia – As per the Indonesia Export Data, the export trade value of cement in 2023 is 2 billion US dollars.
• Pakistan – As per the Pakistan Export Data, the export trade value of cement in 2023 is 1.5 billion US dollars.
• Japan – As per the Japan Export Data, the export trade value of cement in 2023 is 1 billion US dollars.
• Spain – As per the Spain Export Data, the export trade value of cement in 2023 is 800 million US dollars.
• Germany – As per the Germany Export Data, the export trade value of cement in 2023 is 700 million US dollars.
The Global Cement Customs Shipment Data enlists the below-mentioned companies as the top producers in 2023,
• LafargeHolcim Group – The trade value of cement generated from LafargeHolcim Group in 2023 is 30 billion US dollars.
• Anhui Conch Cement Company Limited – The trade value of cement generated from Anhui Conch Cement Company Limited in 2023 is 20 billion US dollars.
• CNBM (China National Building Material) – The trade value of cement generated from CNBM in 2023 is 15 billion US dollars.
• Cemex – The trade value of cement generated from Cemex in 2023 is 10 billion US dollars.
• Heidelberg Cement AG – The trade value of cement generated from Heidelberg Cement AG in 2023 is 8 billion US dollars.
• Buzzi Unicem – The trade value of cement generated from Buzzi Unicem in 2023 is 5 billion US dollars.
• UltraTech Cement Limited – The trade value of cement generated from UltraTech Cement Limited in 2023 is 4 billion US dollars.
• Votorantim Cimentos – The trade value of cement generated from Votorantim Cimentos in 2023 is 3 billion US dollars.
• Euro cement Holding AG – The trade value of cement generated from Euro cement Holding AG in 2023 is 2 billion US dollars.
• Shree Cement Ltd – The trade value of cement generated from Shree Cement Ltd in 2023 is 1 billion US dollars.
Que. Who is the top producer of cement in 2023?
Ans. LafargeHolcim Group is the top producer of cement in 2023.
Que. What is the export trade value of cement in 2023?
Ans. The export trade value of cement in 2023 is 100 billion US dollars.
Que. Where can you get the detailed trade analysis of cement in 2023?
Ans. At Import Globals, you can get a proper detailed analysis of cement in 2023.