The top cement exporters in 2023 were led by China with a value of $683.59 million, followed by Turkey and Germany with $493.01 million and $486.34 million, respectively. Spain, Japan, and Canada also played significant roles with exports exceeding $368 million. India, despite its immense production capacity, held a more modest position with $267.05 million.
Year-on-year analysis indicates varying growth rates, with China retaining a dominant position. Over the last two years, Turkey exhibited notable growth, while Germany and Spain have shown steady increases. The CAGR over the past five years points to a stable advancement in the industry, particularly for emerging exporters such as Pakistan and the UAE.
Future trends to watch include shifts in demand due to global infrastructure projects and environmental policies influencing production methods and costs. Additionally, technological advancements and regional economic developments are poised to impact the competitive landscape among these top exporters.
Top countries in Top Exporters of Cement
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 683.59 | 2016 | |
| 2 | 2 Turkey | 493.01 | 2016 | |
| 3 | 3 Germany | 486.34 | 2016 | |
| 4 | 4 Spain | 477.31 | 2016 | |
| 5 | 5 Japan | 391.32 | 2016 | |
| 6 | 6 Canada | 368.7 | 2016 | |
| 7 | 7 Pakistan | 296.09 | 2016 | |
| 8 | 8 United Arab Emirates | 277.28 | 2016 | |
| 9 | 9 India | 267.05 | 2016 | |
| 10 | 10 Greece | 248.63 | 2016 |
