Features Seaborne cementitious trade volumes increase globally; Asia Pacific region absorbs over 50 percent of the total trade 14 December, 2020 SHARE THIS ARTICLE Share Tweet Post Email LATEST Mergers & Acquisitions Ambuja Cements merges with Adani Cementation Adani Group restructures ownership June 28, 2024 Markets & Competition TITAN Group and thyssenkrupp Polysius sign global service thyssenkrupp and Titan sign agreement to aid worldwide June 28, 2024 MOST READ Environment CIMPOR and OYAK Çimento partner with alcemy CIMPOR, OYAK Çimento collaborate with alcemy June 21, 2024 Mergers & Acquisitions Ambuja Cements merges with Adani Cementation Adani Group restructures ownership June 28, 2024 Seaborne cementitious trade volumes increase globally; Asia Pacific region absorbs over 50 percent of the total trade The trade volumes grew 1.3 percent compared to the 171.9 million tons of cementitious materials traded by sea in 2015 Low shipping rates and the increase in imports in some key markets where cement production has leveled out (such as the US) have motivated higher seaborne cementitious trade volumes in 2016, compared to 2015. Raluca Cercel, CW Research's Lead Analyst for the report, stresses that, in the seaborne global trade context, ÔÇ£about two to three percent of total cement consumption is traded internationally, and two-thirds of the total trade are performed by sea-going vesselsÔÇØ. In the worldwide seaborne cementitious trade, gray cement continues to be the most traded cementitious commodity by sea. In 2016, more than half of the sea-based cementitious trade, comprising gray cement, white cement, slag, clinker, and fly ash, was made up of gray cement. Clinker (including both white and gray) accounted for 33 percent of total seaborne cementitious trade in 2016, followed by ground blast furnace slag, with a 12 percent share of the trade. Far less traded, white cement and fly ash made for 3 percent and for less than 2 percent, respectively, of total seaborne trade of cementitious materials. Asia Pacific volumes enabled by its trading facilities Worldwide there are more than 900 cement terminals, more than 100 waterside grinding plants (slag and clinker) and almost 140 waterside integrated cement plants. Most of the cement terminals are located in Far East Asia, followed by the Med Basin and the Black Sea. In terms of waterside integrated plants (used as export facilities), the Far East has a total of 51 plants, while 46 integrated waterside plants are located in the Med Basin and Black Sea region. The presence of these facilities in the Asia Pacific region favors the trade of cementitious materials, therefore explaining the large volumes that were shipped in the area. Seaborne cementitious trade projected to increase despite hindering factors Driven in particular by production shortages and supply chain optimization efforts, CW forecasts that the total traded volume of cementitious materials will exceed 200 million tons, increasing at a CAGR of more than three percent between 2016 and 2021. In conclusion, seaborne cementitious trade volumes increased globally between 2015 and 2016. That was largely due to consumption in the Asia Pacific region, which absorbed more than half of the total seaborne trade of cementitious materials. Even though fuel usage regulations in maritime shipping and local autonomy in cement production may condition the promising numbers, the outlook for seaborne cementitious trade volumes remains optimistic. Find out more about the report here Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.Accept allDecline allCW GroupNewsAcceptDecline