China is the largest cement producer in the world. Due to the lower price of imported cement clinker, some Chinese cement manufacturing companies import cement clinker as a raw material for cement production to reduce costs.
In 2021, China imported 27.719 million tons of cement clinker, down 16.8% year-on-year, and the import value was US$1426.9 million, up 6.0% year-on-year. In the first three quarters of 2022, China imported 7.634 million tons of cement clinker, down 58.4% year-on-year, and the import value was US$424.8 million, down 52.6% year-on-year.
In the first three quarters of 2018-2022, the average import price of cement clinker in China generally shows a decreasing trend followed by an increasing trend. In 2018-2020, the average import price of cement clinker in China decreases continuously from US$46.5 per ton in 2018 to US$40.4 per ton in 2020. According to CRI’s analysis, the average import price of cement clinker in China increases continuously in the first three quarters of 2020-2022. In 2021, the average import price of cement clinker in China is US$51.5 per ton, an increase of 27.4% y-o-y. In the first three quarters of 2022, the average import price of cement clinker in China is US$55.7 per ton, an increase of 13.9% y-o-y.
In 2021, China imports cement clinker from 21 countries and regions. CRI analysis shows that in 2021, China’s major cement clinker import sources by import volume are Vietnam, South Korea, Japan, Indonesia and Pakistan. Among them, Vietnam is the largest source of cement clinker imports in China. 2021, China imports 22.354 million tons of cement clinker from Vietnam, accounting for 80.6% of the total imports and US$ 1164.0 million, accounting for 81.6% of the total imports.
Topics covered:
China’s Cement Clinker Import Status and Major Sources in 2018-2022
What is the Impact of COVID-19 on China’s Cement Clinker Import?
Which Companies are the Major Players in China’s Cement Clinker Import Market and What are their Competitive Benchmarks?
Key Drivers and Market Opportunities in China’s Cement Clinker Import
What are the Key Drivers, Challenges, and Opportunities for China’s Cement Clinker Import during 2023-2032?
What is the Expected Revenue of China’s Cement Clinker Import during 2023-2032?
What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
What are the Competitive Advantages of the Major Players in China’s Cement Clinker Import Market?
Which Segment of China’s Cement Clinker Import is Expected to Dominate the Market in 2032?
What are the Major Adverse Factors Facing China’s Cement Clinker Import?