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Global White Cement Market and Trade - 2017 Update June 13, 2017 Webinar presentation CW Group LLC | T: +1-702-866-9474 | F: +1-928-832-4762 | Connecticut, USA
Global White Cement Market
and Trade - 2017 UpdateJune 13, 2017
Webinar presentation
CW Group LLC | T: +1-702-866-9474 | F: +1-928-832-4762 | Connecticut, USA
Client Confidential Information
2
Agenda
Introduction
– About the CW Group and Research services
– About the presenters
– About the GWCTR
GWCTR Highlights - 2017 update
– 1Q2016 update vs. 1Q 2017 update
– Supply-demand
– End-user segments
– Principal trade flows
– Capacity additions
– Outlook
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3
About the CW Group
CEMENT, BUILDING
MATERIALS &
CONSTRUCTION
STEEL, METALS &
MINING
CHEMICALS DRY BULK CARGO,
PORTS AND
INFRASTRUCTURE
POWER, ENERGY
AND SOLID FUELS
Seasoned expertsBusiness &
technicalNetwork & access Proprietary data
STRATEGY AND M&A
ADVISORYBUSINESS DECISION
SUPPORTMEDIA & MEETINGS
Strategic advisory
Management consulting
M&A advice
Transaction support
Due diligence
Syndicated market /
industry study reports
Reference forecasts
Data and chart-books
Commodity price
assessments
Market reporting services
Newsletters
Online data access
Publications
Meetings
Advisory Research Media
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Presenters
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Tea VukicevicAssociate Analyst
M: +351 918 060 353
Responsible for providing qualitative and quantitative
analysis for the CW Research’s global price and volume
assessments in the cement
Degree in Economics from University of J.J.Strossmayer in
Osijek, Croatia
Ana AlmeidaAnalyst
M:+351 933 346 565
Ana is an analyst for CW Research quantitative and
qualitative analyses
Focuses on primary and secondary research for key reports,
including the cement and clinker price assessments
Filipe GouveiaAnalyst
M:+351 917 314 391
Responsible for the qualitative and quantitative analysis for
the CW Research's price and volume assessments in the
cement and petcoke industries
Degree in Economics from the University of Porto, Portugal
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Highlights: Global White Cement
Market and Trade Report
Client Confidential Information
Global White Cement Market and Trade Report (GWCTR)
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Examines the worldwide white cement industry and
presents the latest market data
Covers consumption and production figures, import
and export data as well as pricing trends and white
cement capacity developments
– 5-year projection of global white cement
consumption through 2022
– Worldwide white cement plant production
facilities
Extensive quantitative information on consumption,
usage segments, production, local prices, regional
benchmark trade prices, trading facilities and trade-
flows, by region and major country
For more details visit:
http://www.cwgrp.com/research/research-products/product/200-Global-
White-Cement-Market-and-Trade-Report-2017-update
Release– June 2017
Price– Individual: US$4,150
(Electronic, PDF)
Client Confidential Information
What has changed from our 1Q2016 update?
Regional average FOB pricing
Distribution pattern analysis on both, regional and global
level
Regional end user segment consumption shares and
development
Capacity revisions
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Client Confidential Information
North America and Latin America were leading the global
consumption growth of 1.2 % CAGR between 2012 and 2017
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China
United States
Iran
India
Saudi Arabia
Egypt
Algeria
France
Mexico
Spain
Others
-15%
-10%
-5%
0%
5%
10%
15%
-7% -2% 3% 8% 13%
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In 2017, masonry applications are driving white cement demand in China
and Africa, while architectural precast prevails in developed economies
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Almost quarter of world white cement production is concentrated in
China, while international groups hold ~ 60% of the global industry
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China
Middle East
Asia ex-China
Africa
Western Europe
E Europe & CIS
Latin America North America
Inner donut: 2012
Outer donut: 2017E
Other
Cementir Holding
LafargeHolcim
Cimsa
Cemex
HeidelbergCement
JK Cement
RAK White CementUltratech
Saudi White CementAdana Cimento
2017E
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White cement trade flows turned towards intraregional trading given
the capacity additions in Latin America and Middle East
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25
35
• Capacity increases in Eastern Europe & CIS are allowing for export increases• Start of operations in the Middle East dependent on oil prices recovery
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The expanding gap between production and consumption in the U.S.
is the main driver for imports
12Map not to scale
US
Canada
Mexico
SpainTurkey
Saudi
Arabia
Russia
Egypt
Denmark
China
Asia
ex-ChinaAfrica
E Europe
& CISWestern
Europe
Middle
East
Latin
America
North
America
Bags
Big Bags
Bulk93%
7%
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Regionally, Asia ex-China expected to drive growth together with
China and Latin America during 2017-2022
13
0%
50%
100%
2012 2017E 2022F
China Middle East Asia ex-China Western Europe Africa North America Latin America E Europe & CIS
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Final Remarks
Global white cement market more resistant to
economic cycles
Higher pricing margin
Growing popularity of the product in emerging
economies
Slower growing market due to high production
costs
High distribution costs and increased substitute
usage represent a threat to the industry
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Final remarks
CW Advisory is a global consultancy
specializing in M&A and transaction advisory,
strategic advisory, management and operations
consulting. Our deep sector expertise covers
industrial, cyclical, utility and infrastructure.
CW Advisory works with boards and senior
management addressing the most complex
issues, including those in functional areas
spanning the value chain, including fuels &
energy, logistics, organizational, operational due
diligence, feasibility assessments, among
others.
CW Advisory is part of the CW Group, a leading
advisory, research and media boutique aligned
along three pillars: Advisory, Research and
Media, with headquarters in Greenwich,
Connecticut, USA.
advisory.cwgrp.com
CW Group LLC | USA | India | Brazil | Romania
CW Advisory is a global consultancy
specializing in M&A and transaction advisory,
strategic advisory, management and operations
consulting. Our deep sector expertise covers
industrial, cyclical, utility and infrastructure.
CW Advisory works with boards and senior
management addressing the most complex
issues, including those in functional areas
spanning the value chain, including fuels &
energy, logistics, organizational, operational due
diligence, feasibility assessments, among
others.
CW Advisory is part of the CW Group, a leading
advisory, research and media boutique aligned
along three pillars: Advisory, Research and
Media, with headquarters in Greenwich,
Connecticut, USA.
advisory.cwgrp.com
