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The Rise of Cement Export from India: 2023-24

cement export from India


Key Highlights

  • The Indian cement industry is expanding due to increased urban housing demand and government development programmes.
  • Despite a fall in cement exports in recent years, India remains the world's largest exporter by volume. 
  • India's top cement exporters include UltraTech Cement, ACC Cement, and Ambuja Cement.
  • The HS code for cement is 2523, with subcategories for various forms of cement. 
  • Market research services such as Seair Exim Solutions can provide information and analysis about Indian cement exports.
  • In 2021–22, India bought cement primarily from the UAE (395.1 thousand tonnes), Bangladesh (130.7 thousand tonnes), Bhutan (196.4 thousand tonnes), and Oman.

As we know, infrastructure in India is critical to the country's overall economic growth since it promotes the rise of a range of industries, including real estate and construction, employing over a million people directly and indirectly. Not surprisingly, the Indian cement sector has attracted a large number of investors, both domestic and foreign. 

India has a lot of potential for increasing infrastructure and building, and the cement sector is likely to benefit significantly from it. Some recent significant initiatives, such as innovative city development, are expected to deliver a substantial boost to the industry, and in terms of trade, cement export from India, which were 33,73,000 metric tons in 2015-16, decreased to 11,66,000 metric tons in 2021–22.

Several foreign players have recently invested in the country, and they are expected to contribute to significant improvements, helped by appropriate government foreign initiatives. In this blog post, we will discuss the rise of cement export from India, including cement exporters in India, the cement HS code, and updated cement export data.

Why is the cement industry growing in India?

The booming construction industry, which benefits from rising urban housing demand, improves cement manufacturing. It is critical to India's overall prosperity and facilitates the timely construction of world-class infrastructure. Among the eight key industries, the cement industry has performed relatively well in recent times. 

According to Crisil Ratings, the Indian cement industry plans to build 150–160 million metric tons of capacity between fiscal years 2025 and 2028 to fulfil increased demand from the infrastructure and housing sectors. Approximately 70–75 MT of capacity increase is scheduled to be commissioned in the next fiscal year, with 50–55% focused in the eastern and central regions.

In 2023, the market size of India's cement industry was 3.96 billion metric tons, and it is predicted to reach 5.99 billion metric tons by 2032, with a CAGR of 4.7% from 2024–32. 



Let’s dive into India's top 5 Cements list!

List of India's top 5 cement Brands

The Best Cement Brands in India are:

  1. Ultra-Tech Cement
  2. ACC Cement
  3. Ambuja Cement
  4. Shree Cement
  5. Ramco Cement

So, UltraTech Cement is the number one cement brand in India. Other players also play a significant role in India cement exports; however, if you need updated cement export data, cement HS code, or cement export from India statistics, explore our data-driven platform. 

How much cement is exported from India?

India's cement exports declined from 33,73,000 metric tonnes in 2015-16 to 11,66,000 metric tons in 2021–22. However, cement shipments have significantly decreased in recent years. In 2015-16, India exported 33.73 million metric tons, which declined to 11.66 million metric tons by 2021–22. 

Overall, India's cement export future depends on balancing domestic demand, global economic conditions, and the industry's ability to seize possible growth prospects.

Let’s explore: cement export data for 2023–24!

Cement export from India: 2023-24

Let’s first analyse the table for cement export from India and cement exporters in India.

Cement export Data

Details

Total export of cement from India    211K
Rank (Global) 1
Cement exporters in India    6,498 
Number of Indian Buyers 16,150
cement HS Code     2523, 25231000,  25232100

 

  • According to cement export data, the export of cement from India totalled 211K, with 6,498 Indian exporters selling to 16,150 buyers.
  • Based on cement exporter data, India exports most of its cement to Bangladesh, Nepal, and Sri Lanka.
  • Japan is the biggest cement exporter, with 276,887 shipments, followed by Vietnam with 262,672, and China in third place with 254,249 shipments.
  • The top three product categories for cement export from India are HSN Codes 68118200, 38160000, and 84749000.

Let’s take a look at the top Cement exporting countries!


top Cement exporting countries


Top 10 Cement Exporting Countries

India is the top-ranked country in the world, and its nearest rivals based on total shipments are as follows: Here are the two major cement exporting countries.

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 


In terms of value, the 10 nations mentioned below exported 77.4% of global cement exports in 2022. Since 2021, the fastest-growing cement exporters have been Algeria (up 94%), Mexico (up 47.8%), Egypt (up 44.8%), and Malaysia (up 21.7%).

The United Arab Emirates (down -55.9% from 2021), Pakistan (down -38.1%), South Korea (down -32.8%), Thailand (down 24.1%), and Saudi Arabia (down -20%) were the major suppliers with the steepest losses in exported cement sales.

 Also, if you require up-to-date statistics on cement export from India statistics, cement exporters in India, cement exporters, or export of cement from India, connect with the Seair Exim Solutions platform and receive the most recent cement HS code or cement exporter's details, cement buyers without delay.

Now, let’s explore the updated cement hs code below:


Top Cement HS Codes

Here is the table for Cement HS codes:

HS Code

Description

Cement HS Code: 2523 Hydraulic cements (e.g., Portland cement, aluminous cement, slag cement, super sulphate cement), whether or not colored or in the form of clinkers (cement clinkers)
Cement HS Code: 25231000 Portland cement, aluminous cement, slag cement, super sulphate cement and similar hydraulic cements, whether or not coloured or in the form of clinkers (cement clinkers)
Cement HS Code: 25232100 Cement clinkers

 

  1. Cement HS Code 2523: This code applies to a wide range of hydraulic cements, including Portland cement, aluminous cement, slag cement, and supersulphated cement. These are the most popular varieties of cement used in construction.
  2. Cement HS code 25231000: This code applies to Portland cement, aluminous cement, slag cement, super sulphate cement, and similar hydraulic cements, whether coloured or in the form of clinkers (cement clinkers).
  3. Cement HS Code 25232100: This code only applies to cement clinkers. In essence, 25231000 refers to a broader spectrum of hydraulic cements, encompassing both finished products and clinker used as raw material. 

Now, explore the top cement exporters in India!

Cement exporters in India

India is not a big cement exporter due to high domestic demand, but a few leading producers do export cement.

Here is a quick rundown of some of the top cement exporters in India

  • UltraTech Cement
  • ACC Cement
  • Ambuja Cement
  • MP Birla Cement
  • Bangur Cement
  • Dalmia Cement
  • JK Cement
  • Lafarge Cement
  • JBB Enterprises India
  • Sant Kumar And Company

So, these firms manufacture a wide range of cement products, including Portland cement, slag cement, and pozzolan cement. They export to countries in the Indian Ocean, the Middle East, and Africa.

However, if you are looking for a cement supplier, cement importer, or cement HS code, explore our exclusive Platform.’

Now explore the resources where you can find more insights about cement exporters in India:

Which Platform is best for analyzing Potential Cement Exporters?

Market research firms like Seair Exim Solutions offer in-depth reports on the cement industry, including analysis of significant cement exporters in India, production trends, and export forecasts. Our detailed market reports can provide valuable insights into the competitive landscape and identify potential high-growth exporters.

Also, Seair Exim Solutions specializes in analyzing global trade data. It gives data about import/export shipments, such as exporters, importers, quantities, and pricing. Data can be filtered by HS code (such as 2523 for cement) to find potential exporters in India and other regions.

Final words!

In the near future, India could become a leader in exporting clinker and grey cement to the Middle East, Africa, and other emerging countries across the world. Cement plants near ports will have an advantage when exporting and will be well-equipped logistically to compete with cement mills in the country's interior.

Also, India can establish itself as a dependable supplier in the worldwide cement market by using its massive production capacity, strategic infrastructure development, and increased government assistance. However, if you have queries related to cement export from India, top cement exporters in India, or cement export data, connect with Seair Exim Solutions and schedule a free live demo today.


FAQ’s
 

Q1. Can cement be exported from India?
Yes, India exports most of its cement to Bangladesh, Nepal, and Sri Lanka. Also, if you need updated cement export data from India, connect with our platform. 

Q2. How much cement is exported from India?
As per cement export data, India's cement exports declined from 33,73,000 metric tonnes in 2015-16 to 11,66,000 metric tons in 2021–22.

Q3. Which is the largest cement exporter in India?
UltraTech Cement is the largest cement exporter in India. Also, if you need the most updated list of cement exporters in India or cement exporting companies in India, visit Seair Exim Solutions. 

Q4. List of Top 10 cement exporting companies in India?
Based on cement exporters' data, the top 10 cement exporting companies in India are: UltraTech Cement, ACC Cement, Ambuja Cement, MP Birla Cement, Bangur Cement, Dalmia Cement, JK Cement, Lafarge Cement, JBB Enterprises India and Sant Kumar And Company

Q5. Which is the No. 1 cement industry in India?
UltraTech Cement is the No. 1 cement industry in India and the largest cement exporter. 

Q6. India's cement export to which countries?
Sri Lanka ($42.5M), Maldives ($7.72M), Nepal ($2.91M), Bangladesh ($1.56M), and Bhutan ($1.45M).

Q7. Which foreign cement companies are in India?
German firm Heidelberg, Portuguese enterprise Cimpor, and French player Lafarge are among the international players that have entered the Indian cement market over the previous decade.

 

Global Cement Exporters

cement export from India   

cement export from Vietnam       

cement export from Turkey

 

Cement export data

Total export of cement from India       

Total export of cement from USA     

Total export of cement from Germany

  • Seair Exim
  • 10-Jun-2024

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