Clinker and cement exports rake in over US$1.32 billion
VOV.VN - Vietnam grossed more than US$1.32 billion from exporting more than 31.3 million tonnes of clinker and cement last year, suffering a fall of 1.2% in volume and 4.1% in value, according to statistics released by the General Department of Vietnam Customs.
The average export price dropped by roughly 3% to nearly US$42.4 per tonne, down by approximately 3% against the same period from last year.
December alone witnessed Vietnamese clinker and cement exports reach more than 2.53 million tonnes, earning nearly US$98 million, up 0.9% in volume and down 3% in value compared to November, 2023.
With regards to export markets, the Philippines took the lead by accounting for 27% of the country’s total export turnover, followed by Bangladesh at 17%, and Malaysia at 5.2%.
The decline in cement & clinker exports can largely be attributed to the fact that China reduced import demand, dropping by 90% over the same period from last year.
In contrast, Bangladesh has recorded robust growth as cement and clinker exports to Vietnam soared by 40% on-year thanks to increased investment in infrastructure.
Australia also boasted high demand for importing these products last year, importing nearly 470,000 tonnes of clinker and cement from the Vietnamese market, equivalent to US$23.4 million, a rise of 135% in volume and 120% in value.
Australia's cement imports before 2013 were mainly from China, making up 48% of the overall figure; Taiwan (China) at 43%, and Thailand at 7%.
However, since 2013 Vietnamese cement and clinker products have gained a firm foothold within the Australian market, with their market share increasing sharply.
