Dublin, Sept. 25, 2024 (GLOBE NEWSWIRE) — The “Vietnam Cement Export Research Report 2024-2033” report has been added to ResearchAndMarkets.com.
Major downstream industries for cement include the construction industry, infrastructure development, and the precast concrete products industry. Demand for cement in these sectors is large and continues to grow, especially in developing and emerging markets. According to the publisher, major cement exporters in the Asia-Pacific region and globally include China, India, and Vietnam.
Vietnam has gained an important position in the global cement market in recent years due to its abundant limestone resources and relatively low production costs. Moreover, Vietnam’s cement production technology and quality standards have been steadily improving.
Vietnam’s construction industry has expanded rapidly in recent years, becoming one of the most profitable sectors in the Asia-Pacific region and a key pillar of the Vietnamese economy. Over the past two years, the construction industry has contributed more than 6% to Vietnam’s GDP, and contribution is expected to reach 6.8% in the first quarter of 2024. The Vietnamese government is promoting around 100 infrastructure projects per year, which has led to strong demand for cement in downstream industries.
Vietnam’s cement industry is also a major industry, and domestic cement manufacturers are continuously expanding their production capacity and improving their technical level to meet the demand of domestic and international markets. In addition to meeting domestic infrastructure and real estate needs, Vietnam also exports large amounts of cement to other Asian countries and regions, becoming an important player in the global cement market. According to publishers’ data, Vietnam’s cement exports exceeded US$1.2 billion in 2023. Demand in the global cement market is expected to remain strong in 2024, and Vietnam’s cement exports reached US$500 million in the first five months of the year.
The main destinations for Vietnam’s cement exports from 2021 to 2024 were China, the Philippines and Singapore. Major companies importing cement from Vietnam include CEMEX International Trading LLC, SCG International Corporation and Philfirst Global Marketing Inc. Vietnam’s cement exporters consist of major domestic conglomerates and subsidiaries of international construction material manufacturers and distributors based in Vietnam. Major exporters of Vietnamese cement include VIS Group, Chi Nhanh Cong Ty TNHH Long Son T?i Khanh Hoa and HUGK.
In recent years, global manufacturing capacity has gradually shifted to Vietnam, with significant progress in domestic technology, equipment, experience and capital. The publisher predicts that with Vietnam’s numerous free trade agreements and the strong competitiveness of Vietnamese cement in the international market, there are great opportunities and growth potential for Vietnam’s cement exports. In the coming years, Vietnam’s cement exports are expected to continue to grow.
Topics covered:
Vietnam cement export volume and export value (2021-2024)Vietnam cement total export volume and change rate (2021-2024)Vietnam cement total export value and change rate (2021-2024)Vietnam cement total export volume and change rate (January-May 2024)Vietnam cement total export value and change rate (January-May 2024)Average export price of Vietnam cement (2021-2024)Top 10 export destinations for Vietnam cement and their import volumeTop 10 suppliers in Vietnam cement export market and their export volumeTop 10 buyers in Vietnam cement export market and their import volumeHow to find international distributors and end users of Vietnam cementHow to enter Vietnam cement export market for foreign companiesVietnam cement export forecast (2024-2033)
Key attributes:
Report AttributesDetailsNumber of Pages80Forecast Period2024 – 2033Estimated Market Value in 2024 (USD)$1.24 billionForecasted Market Value through 2033 (USD)$1.69 billionCAGR3.5%Target RegionVietnam
Key topics:
1. Overview of Vietnam
1.1 Geography of Vietnam
1.2 Vietnam’s economic situation
1.3 Vietnam Demographics
1.4 Vietnam domestic market
1.5 Recommendations for foreign companies entering Vietnam cement export market
2 Analysis of Vietnam’s cement exports (2021-2024)
2.1 Vietnam’s cement export scale
2.1.1 Vietnam’s cement export value
2.1.2 Vietnam’s cement export price
2.1.3 Vietnam’s cement export volume
2.1.4 Vietnam’s Cement Export Dependence
2.2 Main destinations for Vietnam’s cement exports
3 Analysis of major destinations of Vietnam’s cement exports (2021-2024)
3.1 China
3.1.1 Analysis of export value and volume
3.1.2 Analysis of average export prices
3.2 Philippines
3.2.1 Analysis of export value and volume
3.2.2 Analysis of average export prices
3.3 Singapore
3.3.1 Analysis of export value and volume
3.3.2 Analysis of average export prices
3.4 United States
3.5 Hong Kong
3.6 Bangladesh
4 Analysis of major buyers in Vietnam’s cement export market (2021-2024)
4.1 CEMEX INTERNATIONAL TRADING LLC
4.1.1 Company Introduction
4.1.2 Analysis of cement imports from Vietnam
4.2 SCG International Co., Ltd.
4.2.1 Company Introduction
4.2.2 Analysis of cement imports from Vietnam
4.3 PhilFirst Global Marketing Co., Ltd.
4.3.1 Company Introduction
4.3.2 Analysis of cement imports from Vietnam
5 Analysis of major suppliers in Vietnam’s cement export market (2021-2024)
5.1 VIS Group
5.1.1 Company Introduction
5.1.2 Analysis of cement exports
5.2 Tri Nhan Cong Thi Tung Long Son Thi Can Hoa
5.2.1 Company Introduction
5.2.2 Analysis of cement exports
5.3 Haguk
5.3.1 Company Introduction
5.3.2 Analysis of cement exports
6. Monthly analysis of Vietnam’s cement exports from 2021 to 2024
6.1 Analysis of Monthly Export Value and Volume
6.2 Forecast of monthly average export prices
7. Main factors affecting Vietnam’s cement exports
7.1 Policy
7.1.1 Current Export Policy
7.1.2 Export policy trends forecast
7.2 Economy
7.2.1 Market price
7.2.2 Growth trend of cement production capacity in Vietnam
7.3 Technology
8. Vietnam cement export forecast, 2024-2033
For more information on this report, please visit: https://www.researchandmarkets.com/r/klga3a
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Vietnam’s cement export market
