Vietnam Cement Standard Report Q4/2019
VIETNAM CEMENT INDUSTRY
In the past decade, the global cement volume increased sharply from xxxx billion in 2002 to x billion tons in 2018. The world cement consumption tends to grow over the years. The cement exports in the world grew relatively slowly and fluctuated over the years.
Vietnam cement market continues to have oversupply. In Q4/2019, the total supply of cement of the whole industry increased by xx% compared to the same period of 2018. Regarding the quantity demanded, the cement consumption amount reached xx.x million tons and remained stable compared to the same period of 2018.
In Q4/2019, the cement production as well as consumption output in the 3 regions North, Central and South increased compared to 2018. Vietnam's cement and clinker exports reached x.xx million tons, continued to grow equivalent to the same period of 2018.
From the beginning of 2016 to the end of Q4/2019, the cement export price in Hon Gai was basically stable at 46.5 USD / ton, the export clinker price was 30 USD / ton FOB Cam Pha. Direct sales for projects and industrial customers will be a new development trend in this area over the next few years.
It is forecast in the period 2018 - 2020, the increase in demand will be stable at 6-7%, while the supply will continue to increase. According to Vietnam Cement Association, in 2019, the cement products consumption of the domestic market reached about xx million tons, the exports of cement products can reach xx million tons. VIRAC forecasts that the growth rate will be about 8% / year in the period of 2020 - 2030, and in 2024 - 2025 Vietnam will basically balance supply and demand.
In the past decade, the global cement volume increased sharply from xxxx billion in 2002 to x billion tons in 2018. The world cement consumption tends to grow over the years. The cement exports in the world grew relatively slowly and fluctuated over the years.
Vietnam cement market continues to have oversupply. In Q4/2019, the total supply of cement of the whole industry increased by xx% compared to the same period of 2018. Regarding the quantity demanded, the cement consumption amount reached xx.x million tons and remained stable compared to the same period of 2018.
In Q4/2019, the cement production as well as consumption output in the 3 regions North, Central and South increased compared to 2018. Vietnam's cement and clinker exports reached x.xx million tons, continued to grow equivalent to the same period of 2018.
From the beginning of 2016 to the end of Q4/2019, the cement export price in Hon Gai was basically stable at 46.5 USD / ton, the export clinker price was 30 USD / ton FOB Cam Pha. Direct sales for projects and industrial customers will be a new development trend in this area over the next few years.
It is forecast in the period 2018 - 2020, the increase in demand will be stable at 6-7%, while the supply will continue to increase. According to Vietnam Cement Association, in 2019, the cement products consumption of the domestic market reached about xx million tons, the exports of cement products can reach xx million tons. VIRAC forecasts that the growth rate will be about 8% / year in the period of 2020 - 2030, and in 2024 - 2025 Vietnam will basically balance supply and demand.
Abbreviations
Executive Summary
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic situation
1.2 Legal framework
2. WORLD MARKET
2.1 Production
2.2 Consumption
3. VIETNAM MARKET
3.1 Vietnam cement industry history
3.2 Definition and Classification
3.3 Basic production process
3.4 Supply - Demand
3.5 Clinker and cement production
3.6 Consumption
3.7 Cement and clinker export and import
3.8 Price movement
4. INDUSTRY PLANNING
4.1 Cement industry planning
4.2 Construction and Real estate sectors planning
4.3 Development driving forces
5. ENTERPRISE ANALYSIS
5.1 Profitability
5.2 Operation efficiency
5.3 Financial strength
5.4 Return on investment
Executive Summary
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic situation
1.2 Legal framework
2. WORLD MARKET
2.1 Production
2.2 Consumption
3. VIETNAM MARKET
3.1 Vietnam cement industry history
3.2 Definition and Classification
3.3 Basic production process
3.4 Supply - Demand
3.5 Clinker and cement production
3.6 Consumption
3.7 Cement and clinker export and import
3.8 Price movement
4. INDUSTRY PLANNING
4.1 Cement industry planning
4.2 Construction and Real estate sectors planning
4.3 Development driving forces
5. ENTERPRISE ANALYSIS
5.1 Profitability
5.2 Operation efficiency
5.3 Financial strength
5.4 Return on investment
LIST OF TABLES
Table 1: Environmental Protection Tax applies 1/2012
Table 2: Natural Resource Tax applies from February 2014
Table 3: Import and Export Tariff applicable from2016
Table 4: Cement production output of some countries, 2018
Table 5: Large cement projects from the year 2018 were built
Table 6: Ranking the world's largest cement exporting countries, 2017 – 2018
Table 7: Top 10 enterprises with highest revenue in 2018
Table 1: Environmental Protection Tax applies 1/2012
Table 2: Natural Resource Tax applies from February 2014
Table 3: Import and Export Tariff applicable from2016
Table 4: Cement production output of some countries, 2018
Table 5: Large cement projects from the year 2018 were built
Table 6: Ranking the world's largest cement exporting countries, 2017 – 2018
Table 7: Top 10 enterprises with highest revenue in 2018
LIST OF FIGURES
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: Monthly CPI fluctuation, 1/2015 -9/2019
Figure 3: VND/USD exchange rate, 1/2013 - 9/2019
Figure 4: Foreign direct investment in the first 9 months of 2012 - 2019
Figure 5: Global cement production 2011-2018
Figure 6: Production by region 2017e
Figure 7: World cement consumption, 2010 - 2018e
Figure 8: Cement supply - demand, 2011 - 9M/2019
Figure 9: Cement production volume, 2011-9M/2019
Figure 10: Domestic cement consumption volume by region, 2011 - 9M/2019
Figure 11: Cement consumption by month, 2019
Figure 12: Production - Consumption in the North, 2011 - 9M/2019
Figure 13: Production - Consumption in Central Vietnam, 2011 - 9M/2019
Figure 14: Production - Consumption in the South, 2011 - 9M/2019
Figure 15: Clinker – cement export, 2011 – 9M/2019
Figure 16: Clinker – cement export, 2016 - 9M/2019
Figure 17: Clinker – cement export markets, 2016 - 9M/2019
Figure 18: Capacity cement manufacturers to export, 2016
Figure 19: Average cement export price of Vietnam to some markets, 9M/2019
Figure 20: Direct cement export enterprises, 2018
Figure 21: Vietnam’s cement import volume, 2010 - 2018
Figure 22: Cement retail prices in 3 main provinces/cities, 9M/2019
Figure 23: Average price of cement and clinker exports by month, 1/2018 - 9/2019
Figure 24: Forecast value of construction and infrastructure, 2010 – 2022f
Figure 25: Net revenue, 2017 - 2018
Figure 26: Gross profit margin, 2017 - 2018
Figure 27: Turnover total assets, 2018
Figure 28: Days of inventory, 2018
Figure 29: Debt payment capability, 2017 - 2018
Figure 30: Solvency, 2017 - 2018
Figure 31: Profit ratio, 2017 - 2018
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: Monthly CPI fluctuation, 1/2015 -9/2019
Figure 3: VND/USD exchange rate, 1/2013 - 9/2019
Figure 4: Foreign direct investment in the first 9 months of 2012 - 2019
Figure 5: Global cement production 2011-2018
Figure 6: Production by region 2017e
Figure 7: World cement consumption, 2010 - 2018e
Figure 8: Cement supply - demand, 2011 - 9M/2019
Figure 9: Cement production volume, 2011-9M/2019
Figure 10: Domestic cement consumption volume by region, 2011 - 9M/2019
Figure 11: Cement consumption by month, 2019
Figure 12: Production - Consumption in the North, 2011 - 9M/2019
Figure 13: Production - Consumption in Central Vietnam, 2011 - 9M/2019
Figure 14: Production - Consumption in the South, 2011 - 9M/2019
Figure 15: Clinker – cement export, 2011 – 9M/2019
Figure 16: Clinker – cement export, 2016 - 9M/2019
Figure 17: Clinker – cement export markets, 2016 - 9M/2019
Figure 18: Capacity cement manufacturers to export, 2016
Figure 19: Average cement export price of Vietnam to some markets, 9M/2019
Figure 20: Direct cement export enterprises, 2018
Figure 21: Vietnam’s cement import volume, 2010 - 2018
Figure 22: Cement retail prices in 3 main provinces/cities, 9M/2019
Figure 23: Average price of cement and clinker exports by month, 1/2018 - 9/2019
Figure 24: Forecast value of construction and infrastructure, 2010 – 2022f
Figure 25: Net revenue, 2017 - 2018
Figure 26: Gross profit margin, 2017 - 2018
Figure 27: Turnover total assets, 2018
Figure 28: Days of inventory, 2018
Figure 29: Debt payment capability, 2017 - 2018
Figure 30: Solvency, 2017 - 2018
Figure 31: Profit ratio, 2017 - 2018
