27-Aug-2024
Key Highlights:
With over 8 % installed capacity, India is the world's second-largest cement producer.
India's production capacity, currently at 298 million metric tons annually and with an installed capacity of 570 MTPA, is growing.
Despite a drop in sales between 2015 and 2016, India is still a significant cement exporter to several countries, including Sri Lanka, the Maldives, Nepal, and Bhutan.
According to cement export data, Cement export from India decreased from 33.73 million metric tonnes in 2015–16 to 11.66 million metric tonnes in 2021–2022.
Among the leading cement exporters in India are MP Birla Cement, UltraTech Cement, ACC Cement, and Ambuja Cement.
India's top 5 cement exporting companies are JK Cement, ACC Cement, Dalmia Cement, Ambuja Cement, and Ultratech Cement.
The top three cement HS codes are 2523, 25231000, and 25232100.
Since it fosters the growth of various industries, such as real estate and construction, which directly and indirectly employ over a million people, India's infrastructure is essential to the nation's overall economic progress. It is not surprising that a significant number of foreign and domestic investors have shown interest in the Indian cement industry.
India offers enormous building and infrastructure development potential, which is expected to impact the cement industry significantly. In terms of exports, cement export from India fell from 33,73,000 metric tons in 2015–16 to 11,66,000 metric tons in 2021–22 due to high domestic consumption. However, some recent noteworthy initiatives, like creative city development, are anticipated to boost the industry significantly.
In this blog, we will go through the rise in cement export from India, cement exporters in India, the cement HS code, and the most recent cement export statistics.
Cement production is enhanced by the expanding construction sector, which gains from the growing demand for urban housing. It is essential to India's overall prosperity and makes building top-notch infrastructure on schedule easier. The cement industry has done well out of the eight major sectors.
The Indian cement industry intends to construct 150–160 million metric tons of capacity between fiscal years 2025 and 2028, according to Crisil Ratings, to meet the growing demand from the housing and infrastructure sectors. In the following fiscal year, an additional 70–75 MT of capacity is expected to be delivered, with 50–55% of that capacity concentrated in the eastern and central regions.
Indian cement market size: The cement market in India was valued at 3.96 billion metric tons in 2023 and is expected to touch 5.99 billion metric tons by 2032, as it is growing at a CAGR of 4.7% from 2024 to 2032.
India produced 298 million metric tons of cement annually (MTPA) as of July 2024, with 570 MTPA installed capacity. Cement production increased by 7.3% in February 2023 compared to February 2022, and the cumulative index increased by 9.7% from April to February 2022–2023 compared to the previous year. These are the top 5 nations that produce cement:
Top Rank | Cement Producing Countries | Production Value (in Million Metric Tonnes) |
1 | China | 21,00 |
2 | India | 410 |
3 | Vietnam | 110 |
4 | USA | 91 |
5 | Iran | 65 |
Let us look at the statistics on the export of cement from India!
Here is the table that will show the data of export of cement from India in 2023-24:
Cement Export from India | Cement Export Data: 2023-24 |
Export of cement from India | 211K |
Major cement exporters in India | 6,498 |
Number of Indian cement buyers | 16,150 |
Top Cement HS Code | 2523, 25231000, 25232100 |
Based on cement export data, 6,498 India exported cement through 211k shipments to 16,150 overseas buyers.
According to cement exporter data, India exports most of its cement to Bangladesh, Nepal, and Sri Lanka.
Japan is the leading exporter of cement, with 276,887 shipments, followed by China, which has 254,249 shipments, and Vietnam, which has 262,672 shipments. The top three HS codes for cement export are 68118200, 38160000, and 84749000.
India's cement exports decreased from 33,73,000 metric tons in 2015–16 to 11,66,000 metric tons in 2021–2022.
According to data on cement export from India, it exported 33.73 million metric tons of cement in 2015–16; however, this vast figure declined by 2021-22, when India exported just 11.66 million metric tonnes of cement.
Let us now explore India top 5 cement export destinations!
In 2022, India top 5 cement export destinations are here:
Top Rank | India's Top Cement Export Destinations | India Cement Exports (Export Values) |
1 | Sri Lanka | $42.5 million |
2 | Maldives | $7.72 million |
3 | Nepal | $2.91 million |
4 | Bangladesh | $1.56 million |
5 | Bhutan | $1.45 million |
As per cement export data, Indian cement is majorly exported to Bangladesh, Nepal, and Sri Lanka. However, a few more prominent nations where India's cement exports occur include the US, Saudi Arabia, Vietnam, Indonesia, Qatar, and the United Arab Emirates. In 2023, India exported $8.79 million worth of cement to the Maldives, $1.8 million to Nepal, $1.68 million to Bhutan, and $30 million to Sri Lanka. Visit Exportimportdata.in to find precise cement export data from India or to get the most recent cement HS codes.
Now, take a look at the top exporters of cement!
India is the top-ranked cement exporting country in the world; the following countries are its closest rivals based on total shipments: The top ten nations that export cement are listed below:
Top Rank | Top 10 Cement Exporting Countries | Cement Export Data (Export Values) |
1 | Vietnam | $1.8 billion |
2 | Turkey | $1.7 billion |
3 | Germany | $588.6 million |
4 | Egypt | $570.2 million |
5 | Canada | $512.9 million |
6 | Algeria | $494 million |
7 | Spain | $429.4 million |
8 | Thailand | $380.8 million |
9 | Indonesia | $376.6 million |
10 | Japan | $375.3 million |
Therefore, in terms of value, 77.4% of all cement shipments made globally in 2022 came from the 10 countries listed below. Additionally, as soon as possible, get in touch with the Exportimportdata.in platform to obtain the most recent cement HS code, cement export from India, or the details of cement exporters.
Let's now delve into the list of the leading cement exporters from India!
Also Read: Exporting Tiles from India: A Comprehensive Guide
India is one of the few major producers of cement still cement export from India is quite low due to strong domestic demand. This is a quick rundown of a few Indian companies that export cement.
MP Birla Cement
UltraTech Cement
ACC Cement
Ambuja Cement
Bangur Cement
Dalmia Cement
JK Cement
Lafarge Cement
JBB Enterprises India
Sant Kumar and Company
These companies therefore produce a range of cement products, including Portland cement, slag cement, and pozzolan cement. Africa, the Middle East, and the Indian Ocean are their export markets. If you are looking for HS codes, top cement importers, or cement exporters in India, check out our unique platform Exportimportdata.in.
Visit ExportimportData.in data-driven platform to analyse the top cement HS codes and major importers. You will undoubtedly obtain global data for over 130 countries. In addition to much more, we offer a list of cement importers and cement exporters in India, port names, and up-to-date data on cement export from India. In conclusion, for businesses engaged in import and export, launching an Indian cement export enterprise can prove to be a lucrative venture.
However, they require a few essential documents and insights to conduct in-depth industry research freely. Exportimportdata.in is an excellent platform for examining international trade data from the United States, India, and Saudi Arabia, among other nations. If you still have questions, though, feel free to contact our data scientist and easily find foreign suppliers and buyers.
Export Import Data solutions is one of the best online import export websites in India that provides trade data services and trading business information. Currently, Export import data is the best import export data provider and market research companies in India.
MP Birla Cement, UltraTech Cement, ACC Cement, and Ambuja Cement are some of the major cement exporters in India. However, the top 5 Indian cements are Ultratech Cement, Ambuja Cement, ACC Cement, Dalmia Cement, and JK Cement.
Based on cement export data, cement export from India decreased from 33.73 million metric tons in 2015-16 to 11.66 million metric tons in 2021-2022.
As per the cement exporter data, Vietnam is the biggest exporter of cement, with an export value of $1.8 billion in 2023–24.
Based on cement export data, the top cement exporting countries in India are: MP Birla Cement, UltraTech Cement, ACC Cement, Ambuja Cement, Bangur Cement, Dalmia Cement, JK Cement, Lafarge Cement, JBB Enterprises India, Sant Kumar and Company.
Yes, you can export cement from India, but there are several mandatory documents and updated insights, such as the exporters list, importers list, and HS Codes, that are required to export cement from India. To gather updated cement export data, connect with ExportImportData.in