Salient Cement Statistics

This table presents key statistics on cement production, shipments, stocks, imports, exports, and consumption in the United States from 2019 through 2023, along with global production figures. This data is critical for understanding the health and trends of the construction and infrastructure sectors, as cement is a fundamental material in building and civil engineering projects. Tracking production and trade flows helps policymakers, industry stakeholders, and economists gauge domestic supply and demand dynamics, price trends, and the country’s position in the global cement market.

Analysis of the data reveals that U.S. cement production peaked in 2022 at 91.2 million metric tons before declining slightly to 89.7 million metric tons in 2023. Clinker production followed a similar pattern, decreasing from 79.5 million metric tons in 2022 to 76.8 million metric tons in 2023. Shipments from mills and terminals increased steadily from 103 million metric tons in 2019 to a high of 110 million metric tons in 2022, then dipped slightly to 109 million metric tons in 2023. Notably, the value of shipments rose significantly, reaching $16.6 billion in 2023, driven by an increase in the average value per metric ton from $123.5 in 2019 to $152 in 2023. Imports of cement surged from 14.8 million metric tons in 2019 to nearly 25 million metric tons in 2022 and remained stable in 2023, indicating growing reliance on foreign supply. Apparent consumption peaked at 114 million metric tons in 2022 before a slight decline to 113 million metric tons in 2023. Globally, cement production fluctuated, with a notable dip in 2022 to 4.06 billion metric tons followed by a modest recovery in 2023. These trends highlight the evolving balance between domestic production and imports amid changing market conditions and demand patterns.