Clinker and cement exports to earn over 1.32 billion USD in 2023

Clinker and cement exports in October increased slightly. In 11 months of 2023, Vietnam's clinker and cement exports reached 28.7 million tons.

According to statistics from the General Department of Customs, Vietnam's clinker and cement exports in December reached more than 2.53 million tons, earning nearly 98 million USD, up 0.9% in volume and down 3% in value compared to November 2023.

In 2023, our country exported more than 31.3 million tons of clinker and cement, equivalent to more than 1.32 billion USD, down 1.2% in volume and 4.1% in value compared to the same period in 2022. The average export price in the first 12 months of 2023 reached nearly 42.4 USD/ton, down nearly 3% over the same period.

Xuất khẩu clinker và xi măng thu về hơn 1,32 tỷ USD trong năm 2023

In 2023, Vietnam will export more than 31.3 million tons of clinker and cement, equivalent to more than 1.32 billion USD.

In terms of market, the Philippines leads with 27% of export turnover, followed by Bangladesh (17%) and Malaysia (5.2%).

Cement and clinker exports declined due to a decrease in imports from China (down 90% yoy), and weak demand in the country's real estate market. In contrast, Bangladesh was a growth market with cement and clinker exports to the country increasing by 40% yoy thanks to increased investment in infrastructure.

Australia is an active market to boost imports in 2023. Specifically, in the first 12 months of 2023, Australia imported nearly 470 thousand tons of clinker and cement from Vietnam, equivalent to 23.4 million USD, up 135% in volume and 120% in value. The average export price in 12 months reached nearly 50 USD/ton, down 6.5% over the same period in 2022.

The demand for cement is high, but because cement production affects the environment and domestic production costs are high, Australia still imports a large amount of cement every year.

Before 2013, Australia's cement imports were mainly from China (48%), Taiwan (43%) and Thailand (7%). However, since 2013, Vietnamese cement and clinker have established a foothold in the Australian market and their market share has been increasing rapidly.

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