U.S. - Cement - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCement Price in the United States - 2023
Contents:
- Cement Price in the United States (CIF) - 2022
- Cement Price in the United States (FOB) - 2023
- Cement Imports in the United States
- Cement Exports in the United States
Cement Price in the United States (CIF) - 2022
In 2022, the average cement import price amounted to $82 per ton, growing by 15% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 24%. As a result, import price attained the peak level of $109 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($261 per ton), while the price for South Korea ($55 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Cement Price in the United States (FOB) - 2023
In September 2023, the average cement export price amounted to $170 per ton, with an increase of 2.7% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.0%. The growth pace was the most rapid in December 2022 an increase of 18% m-o-m. The export price peaked at $196 per ton in March 2023; however, from April 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($343 per ton), while the average price for exports to Canada ($150 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Cement Imports in the United States
For the fourth year in a row, the United States recorded growth in overseas purchases of cement, which increased by 25% to 25M tons in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, cement imports skyrocketed to $2.1B in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cement in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 248 | 216 | 328 | 637 | 37.0% |
| Canada | 500 | 446 | 473 | 454 | -3.2% |
| Mexico | 132 | 122 | 137 | 232 | 20.7% |
| Vietnam | 6.3 | 63.9 | 111 | 199 | 216.1% |
| Greece | 117 | 67.0 | 89.9 | 146 | 7.7% |
| Colombia | 7.9 | 17.4 | 31.5 | 71.6 | 108.5% |
| South Korea | 47.0 | 45.9 | 47.2 | 50.2 | 2.2% |
| China | 73.7 | 4.1 | 0.6 | 0.5 | -81.1% |
| Others | 161 | 119 | 237 | 295 | 22.4% |
| Total | 1,294 | 1,102 | 1,455 | 2,084 | 17.2% |
Top Suppliers of Cement to the United States in 2022:
- China (undefinedM tons)
- Turkey (9.2M tons)
- Canada (4.3M tons)
- Mexico (2.6M tons)
- Greece (2.5M tons)
- Vietnam (2.5M tons)
- South Korea (0.9M tons)
- Colombia (0.7M tons)
Cement Exports in the United States
In 2022, approx. 1.1M tons of cement were exported from the United States; reducing by -3.5% on the previous year's figure. Overall, exports recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 10%.
In value terms, cement exports declined to $169M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, the exports reached the peak of $173M, and then declined in the following year.
| Export of Cement in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 122 | 110 | 138 | 133 | 2.9% |
| Mexico | 16.4 | 12.2 | 12.9 | 12.1 | -9.6% |
| Bahamas | 8.8 | 5.3 | 7.1 | 8.4 | -1.5% |
| Others | 20.4 | 15.9 | 14.9 | 14.9 | -9.9% |
| Total | 167 | 144 | 173 | 169 | 0.4% |
Top Export Markets for Cement from the United States in 2022:
- Canada (962.8K tons)
- Mexico (42.4K tons)
- Bahamas (41.9K tons)
This report provides an in-depth analysis of the cement market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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 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 Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- 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 Exports
This Chapter is Available Only for the Professional Edition PRO- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
4449
This report provides an in-depth analysis of the cement market in the U.S..
672
This report provides an in-depth analysis of the cement clinker market in the U.S..
17417
This report provides an in-depth analysis of the global cement market.
6806
This report provides an in-depth analysis of the global cement clinker market.
4449
This report provides an in-depth analysis of the cement market in the U.S..
672
This report provides an in-depth analysis of the cement clinker market in the U.S..
17417
This report provides an in-depth analysis of the global cement market.
6806
This report provides an in-depth analysis of the global cement clinker market.
490
Learn how to enter the cement market in the United States with a successful market entry strategy. Discover the key steps, official data sources, trade shows, and assistance available to cement producers.
444
Cement imports in June 2023 amounted to a value of $211 million.
2832
In August 2022, the cement price per ton stood at $86.4 (CIF, US), with an increase of 1.9% against the previous month.
5374
The average import cement price per ton stood at $85 in Apr 2022, growing by 14% against the previous month.
1720
The price hike is being blamed on a number of factors, including an increase in fuel costs and a shortage of clinker (a key ingredient in cement).
1979
The average import price for portland cement, white, whether or not artificially coloured stood at $109 per ton in Mar 2022, waning by -29.3% against the previous month.
510
The U.S. sharply increased cement imports by 30% y/y to $1.4B in 2021. In physical terms, supplies grew by 28% y/y to 20M tons. Canada, Turkey, and Mexico remain the major cement providers to the U.S.
270
In May 2023, the growth of Cement Clinker imports reached an unprecedented pace, increasing by 326% from the previous month. However, in August 2023, the value of Cement Clinker imports experienced a significant decline, reaching $4.5M.
721
In August 2022, the cement clinker price per ton amounted to $75.2, with an increase of 21% against the previous month.
2754
In June 2022, the cement clinker price per ton stood at $76 per ton in June 2022, declining by -6.7% against the previous month.
