Vietnam cement market in 2022 witnessed a decrease both in cement and clinker demand from both domestic consumption and export markets, mainly driven by the gloomy real estate market and rising production costs. As a result, Vietnam cement market is forecasted to have a negative outlook in 2023 and could recover from 2024 onwards.
In 2023, the production volume of cement proof sheets in Vietnam amounted to over 44.3 million square meters, indicating a decrease from the previous year.
In terms of cement production, Vietnam is one of the fastest-growing countries in the world, thanks to robust domestic demand and its position amongst the world's top cement exporters. However, t...
In terms of cement production, Vietnam is one of the fastest-growing countries in the world, thanks to robust domestic demand and its position amongst the world's top cement exporters. However ...
India is the closest country to China in regard to cement production. In 2022, India produced 370,000 metric tons of cement, which is higher than their 2021 production rate of 350,000 metric tons. Vietnam is next on the list with 120,000 metric tons produced in 2022 and 110,000 metric tons produced in 2021.
Vietnam: Cement industry < Industry overview> Steadily growing, production doubles in 8 years . Vietnam's cement industry has achieved steady progress, with economic growth ( GDP grew at an average annual rate of 6% or more from 2011 to 2019and )accelerating domestic infrastructure development.
Vietnam has witnessed rapid changes in construction works and infrastructure over the past 10 years. In the context of significant increase in demand for construction materials, Minh Hanh Global was established, in order to offer high quality products and services with international standards. 10-years experience in Vietnamese cement ...
Cement demand contracted by 2.8 million t (Mt/a) or 12 %, while cement production even contracted by 3.6 Mt/a or 15 %. The cement production capacity grew from 32.2 Mt/a in 2012 to 38.3 Mt/a in 2018, which is an increase of 19 %.
The surge in designed capacity for clinker & cement in Vietnam is forecasted to continue in the next 3 years with new facilities by private cement manufacturers despite gloomy market outlook. In particular, there are two new facilities starting commercial operation in 2023, posting an increase of 1.9mn tons in clinker production capacity and 3 ...
/PRNewswire/ -- Vietnam cement market continued to oversupply with the the using rate of 64% in 2015, excluding exports volume. In Vietnam, cement consumption...
France's Lafarge also has an interest in the country, setting up a liaison office and concrete plant in 2003. Cement - Production, consumption, sales. The cement industry of Vietnam is still in the process of adjusting from a centrally-planned, state-run enterprise into a market economy.
Cement Technical Seminars – "Free to attend" seminars during the 2-day event catered to end users in the cement industry such as engineering, production and maintenance personnel.
Cement Exports by Country. Below are the 25 countries that exported the highest dollar value worth of cement during 2022. Vietnam: US$1.8 billion (13.8% of total cement exports)
The list of top largest cement companies in Vietnam is made by VietnamCredit based on both financial and non-financial indicators. Vietnam National Cement Corportion is the largest company in the fields, followed by Vietnam Holcim Cement Joint Stock Company, Nghi Son Cement Corporation…
In 2023, Vicem Ha Tien Cement and Nghi Son Cement made their first shipments of cement to the US, averaging 40,000t per shipment. Vietnam's cement industry, with a production capacity of 120Mt/yr, is experiencing a surplus of 60Mt.
Vietnam's cement sector has come under pressure from falling consumption, particularly in its key export markets. Exports of clinker and cement amounted to 24.7Mt in the first 9M22, down 25 per c...
Vietnam: New cement lines will raise Vietnamese cement production capacity by 4% year-on-year in 2023 to over 120Mt/yr. Vietnam News Summary has reported that upcoming new capacity scheduled to commence operations during the year include a 4.5Mt/yr line at a Xuan Tanh Cement plant and a 2.5Mt/yr line at a Long Son …
FiinGroup is pleased to introduce Vietnam Cement Market Report 2024, the first and most comprehensive issue on the Vietnam cement industry. This report presents a broad …
Cement designed capacity in Vietnam is expected to surge in the next three to five years thanks to aggressive expansion of local manufacturers including Tan …
Achieving low-carbon development of the cement industry in the developing countries is fundamental to global emissions abatement, considering the local construction industry's rapid growth.
The drivers of rising cement production volume in Vietnam include (1) the rising demand for cement in the domestic market with the development of Vietnam's real estate industry and infrastructure ...
Vietnam's cement production (including clinker) continues to grow steadily. Production in 2020 grew to 109 million tons (estimated), up 3.3% from the previous year, despite the Covid-19 pandemic. Cement production has increased by nearly 90% over …
Production volume of cement in Vietnam from 2013 to 2023 (in million metric tons) Premium Statistic U.S. cement production volume 2010-2023 ...
Vietnam's cement production volumes (including clinker) continue to grow steadily. Production volume in 2021 (estimated) grew to 115 million tons, up 2.1% from …
Above - Table 9: Vietnam's cement production volumes in 2010-2014. Source: The USGS mineral survey 2012 and cement survey 2015. Recent events. In February 2014 authorities withdrew the license of a 1.2Mt/yr capacity cement plant under construction in Cam Lo, Quang Tri due to its sluggish implementation.
Vietnam cement industry expanded by 0.9% in 2020, mainly driven by buoyant clinker and cement export activities ... production and triggering Chinese buyers to source clinker and cement from Vietnam. • Cement export volume to the Philippines remained high thanks to "Build, Build, Build" infrastructure development program by the ...
The development of cement industry in Southeast Asian countries differs greatly, such as Vietnam's annual cement production capacity of more than 100 million tons, in addition to supplying Vietnam ...
Although production and exports showed an upward trend, cement industry in Vietnam are still facing some challenges, including low efficiency and financial performance, such as average 16.9% EBITDA margin in 2018.
Cement plant locations and information on Vietnam can be found below. For full access to the database, purchase The Global Cement Report™, 15th Edition.
Despite having 61 cement plants with a combined capacity of 117Mt/yr, the industry recorded sales of only 87.8Mt/yr in 2023, marking a 16% year-on-year fall in …
The profit margin of listed cement manufacturers declined in 2022 due to rising production cost, especially in coal prices. To pass on the rising production cost and assure the bottom line, cement manufacturers in Vietnam have increased their …
In this article, you have information about Worldwide Cement Production from 2015 to 2019. Datis Export Group supply and export Cement through reputed factories
Vietnam: Vietnam has produced 75.7Mt of cement in the first five months of 2024, a rise of 1.9% year-on-year, as reported by the government-run General Statistics …
Cement consumption reduce. Several cement companies in Vietnam have adjusted their planned cement production for 2023 after analyzing the movement of the construction industry, the real estate industry, and the overall demand-supply balance of cement. Cement production will be reduced in 2023 to suit the market demand.
In 2023, the cement production volume in Vietnam amounted to approximately 106.9 million metric tons, indicating a decrease from the previous year.