According to Global Cement, as of December 2018, China is the world’s largest cement producer with a capacity of 1,484mn tons per year, followed by India and Vietnam, with 437 and 148mn tons per year, respectively.
Vietnam has 74 production plants in total, and almost all of them are controlled or owned by the government. Potentials to produce cement in Vietnam is considered ‘high’.
Clinker & Cement Export Value: significantly increased in 2018
According to the Vietnam Cement Association (VNCA), the country faced a surplus of 26Mt of cement overall in 2017. In 10M18, cement exports reached an all-time high of USD1.1bn.
Until November 2018, China is Vietnam’s biggest export destination, with more than 7.6mn tons in volume and more than USD276mn in value.
On March 2017, Chinese planners considered cutting production of coal, steel, and cement by 10% to control air pollution.
Cambodia is importing cement from Vietnam at USD 51.6/ton while the Philippines has to pay USD 46.4 per every imported ton.
Source: VDSC Weekly Market Recap for Cement & Clinker Export 2018