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News Vietnamese cement accounts for 91% of Philippine cement imports in 2021

Vietnamese cement accounts for 91% of Philippine cement imports in 2021

Written by Global Cement staff 06 June 2022
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Philippines: The Philippines imported 6.47Mt of cement from Vietnam in 2021, 91% of a total 7.11Mt of cement imported in the year. The Cement Manufacturers Association of the Philippines (CeMAP) recorded that total imports increased by 14% year-on-year from 6.25Mt of cement in 2020, while imports from Vietnam increased by 20% year-on-year from 5.4Mt.

The Manila Bulletin newspaper has reported that Philippine cement producers increased their production capacity by 23% year-on-year to 35.3Mt/yr at the beginning of 2022. CeMAP projected further capacity growth of 55% to 54.8Mt/yr by the end of 2025, against a domestic demand that year of 66Mt/yr.

Last modified on 08 June 2022
Published in Global Cement News
Tagged under
  • Philippines
  • Vietnam
  • Cement Manufacturers Association of the Philippines
  • Import
  • Capacity
  • demand
  • Consumption
  • Forecast
  • market
  • Asean Free Trade Area
  • trade
  • GCW560

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