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8 May

Cementitious materials: Grey cement - the most traded cementitious commodity by sea

According to the latest update of the World Cement, Clinker & Slag Sea-Based Trade Report from CW Research, more than 174 million tons (157.85 million tonnes) of cementitious materials were traded by sea-going vessels in 2016. The trade volumes grew 1.3% compared to the 171.9 million tons (of cementitious materials traded by sea in 2015.)
CW Research’s latest reports show that seaborne cementitious trade has benefited from low shipping rates. Moreover, the increase in imports in some key markets where cement production has levelled out (such as the US), has also 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, “about two to three percent of total cement consumption is traded internationally, and two-thirds of the total trade are performed by sea-going vessels.”
In the worldwide seaborne cementitious trade, grey cement continues to be the most traded cementitious commodity by sea. In 2016, more than half of the sea-based cementitious trade, comprising grey cement, white cement, slag, clinker, and fly ash, was made up of grey cement. 
Clinker (including both white and grey) accounted for 33% of total seaborne cementitious trade in 2016, followed by ground blast furnace slag, with a 12% share of the trade. Far less traded, white cement and fly ash made for 3% and for less than 2%, respectively, of total seaborne trade of cementitious materials. According to CW Research, on the main trade routes and regions, the Asia Pacific region absorbs 51% of the total seaborne trade of cementitious materials.

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 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 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. 

CW Research says that utilization of cement carriers has currently reached almost 100%, and is a market  forecast to grow in the coming years (mostly concentrated in Far East Asia, India, Northern and Baltic Sea).
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 (181.5 million tonnes), increasing at a CAGR of more than 3% between 2016 and 2021.

The above and more in depth sector analysis will be discussed during the 2017 edition of CW Group’s Cement Finance, Strategy & Trade Summit Dubai executive meeting, to be held on September 27-28, in Dubai. The event  brings a unique interactive discussion format for the senior executives in the cement sector covering key burning topics on cement strategy, finance and trade in a multi-client consulting setting from global market outlook and projections  to specific topics as current and future flows: impact of regulatory changes and trade barriers, to shipping logistics and handling.

The conference will be packed with multiple networking opportunities among regional and international guests.

 

Find your registration form here.

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