"Shrinking demand, fierce competition, high inventory and low price" is a true portrayal of the current domestic cement industry. According to the global cement market map of
China Cement Network, by the end of 2023, China's cement price was 344 yuan/ton, the second lowest in the world. The lowest country is Iran, 223 yuan/ton. The third, fourth and fifth lowest countries are Laos 347 yuan/ton, Uzbekistan 356 yuan/ton and Kazakhstan 383 yuan/ton respectively.
At the same time, the price of cement in some areas continues to rise. By the end of 2023, the price of cement in Eritrea is 4627 yuan/ton, the highest in the world, about 13 times the price of cement in China, which is 4283 yuan/ton higher than that in China. Most of the high-price regions of cement in
the world are located in North America, Australia and parts of Africa. The second highest price is 2943 yuan/ton for Greenland cement, the third and fourth highest price is 2518 yuan/ton for Ethiopia and 2388 yuan/ton for the Central African Republic. The fifth highest is 2052 yuan/ton in Australia.
From the perspective of price trend, the global cement market map of China Cement Network shows that in recent years, cement prices in some areas have increased year by year, such as the United States, Japan and Mongolia. By the end of 2023, the price of cement in the United States was 1064 yuan/ton, 805 yuan/ton in Japan and 1040 yuan/ton in Mongolia. Indonesia,
where Chinese-funded cement enterprises have a large production capacity, is plagued by the problem of overcapacity. The price of cement in 2023 is much lower than that in 2022. By the end of 2023, the price of cement is 598 yuan/ton. For more
information, please click on the global cement market map .
