The Global Cement Report 13th Edition has been published by Tradeship Publications
The rise in demand is largely accounted for by the expansion of the Chinese cement market in 2019, which reached an estimated 2.28bnt, up 4.9 per cent on the year before, and representing 56 per cent of global consumption.
Excluding China, world cement consumption is estimated to have remained flat at 1.81bnt, rising by just 0.3 per cent, year-on-year.
Growth in the world's second-largest market, India, was weaker than expected at three per cent in 2019, but this reflected a strong base of comparison from the previous year, when annual growth exceeded 15 per cent.
In the US, demand is estimated to have expanded by 2.1 per cent in 2019, pushing overall consumption back over the 100Mt mark for the first time since 2007, which marked the starting point of the market's collapse during the Great Recession.
By region, the highest growth rates were recorded in sub-Saharan Africa at 5-6 per cent, although the combined region represents just 101Mt of cement consumption – equal to the entire US. On a per capita basis, sub-Saharan African countries have some of the lowest consumption levels worldwide. As a region, per capita cement consumption is just 91kg, compared to the global average of 521kg, reflecting both the huge potential of the region in the future, but also the low level of development at present.
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