Vietnam has nearly 1.5 times as much cement as it needs

Print this page

Vietnam: Vietnam sold 64.6Mt of cement in the first 10 months of 2017, a rise of 4% year-on-year compared to the same period of 2016, according to the Ministry of Construction. Of the sum, 49.3Mt was sold domestically, a 2% year-on-year rise, while 15.3Mt was exported, a rise of 2%.

In October 2017, local firms sold 6.2Mt of cement, including 4.7Mt of domestic sales, and 1.5Mt of exports. As of October 2017, Vietnam had 3.3Mt of cement and clinker inventory, mostly clinker.

At present, Vietnam’s cement output has reached 86Mt/yr, while domestic demand is estimated at only 60Mt. The country is thus predicted to face a surplus of 26Mt of cement overall in 2017, according to the Vietnam Cement Association (VNCA).

Last modified on 08 November 2017

Register for the Global Cement Weekly email newsletter

Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.

Register >


© 2022 Pro Global Media Ltd. All rights reserved.