Domestic cement clinker market demand continues to rise, and the import and export scale shows a “double decline” trend

Cement clinker refers to the semi-finished product obtained by mixing iron raw materials, limestone, and clay into raw materials in appropriate proportions, and then going through evaporation, dehydration, decomposition, melting, cooling, etc. According to different characteristics, cement clinker can be divided into general cement clinker, low alkali cement clinker, medium heat cement clinker, low heat cement clinker, Portland cement clinker, medium sulfate resistant cement clinker, and high sulfuric acid resistant cement clinker. Salt cement clinker, etc.

According to the “China Cement Clinker Venture Investment Industry Analysis Report 2022-2026” released by the Industrial Research Center, the cement clinker industry The upstream of the chain is suppliers of raw materials such as limestone, clay, iron raw materials, coal, and production equipment such as grate coolers, dryers, crushers, ball mills, and coolers; the midstream includes China Construction Group, Conch Cement, Jidong Cement, and China Resources Cement, Huaxin Cement, Hongshi Holdings, Shanshui Cement, Tianrui Cement, Shangfeng Cement, Dieffenbachia Cement and other cement clinker production and processing companies; downstream is the concrete and finished cement manufacturing scene including bulk cement and bagged cement; terminal For urban roads, railways, airports, highways, real estate, water conservancy and other infrastructure fields.

my country’s cement production is currently showing a stable operation. According to data from the National Bureau of Statistics, domestic cement production in 2021 will be 2.363 billion tons, a year-on-year decrease of 1.2%. As an important raw material for finished cement, cement clinker’s production capacity development trend is basically consistent with the development trend of cement output. According to data from Cement.com, domestic cement clinker production capacity will reach 1.843 billion tons in 2021, a year-on-year decrease of approximately 0.6%.

From the perspective of export status, with the epidemic gradually being effectively controlled, my country’s infrastructure market is recovering rapidly, which in turn will drive the domestic cement clinker market demand to continue to grow. In 2021, under the influence of the substantial growth in domestic cement clinker market demand, in order to meet domestic market demand, its export scale has declined significantly. China’s cement and cement clinker export volume in 2021 is close to 2.30 million tons, a year-on-year decrease of nearly 30.0%.

From the perspective of import status, due to the continued decline in cement clinker prices and rising sea transportation costs, my country’s cement clinker has broken the three-year consecutive increase in scale and has declined. According to data from the General Administration of Customs, domestic cement clinker imports in 2021 were 27.7189 million tons, a year-on-year decrease of 14.3%.

Industry analysts said that my country is currently one of the world’s largest producers of cement clinker resources, and leading local companies mainly include China Building Materials, Conch Cement, Jinyu Jidong, etc. At the same time, the above three companies are still the three companies with the largest market share of domestic cement clinker, with market shares of 20%, 12%, and 6% respectively. The industry concentration is low. In the future, with the continued promotion of domestic green environmental protection policies and the continuous improvement of the technical level of leading companies, the cement clinker market will move closer to leading companies, and industry concentration is expected to continue to rise.