Portland cement market in Russia

Earlier Report Observations

The Russian portland cement market demonstrated overall growth from 2018 to 2024. The market volume increased from 53.8 million tons in 2018 to 65.2 million tons in 2024. In 2020, the COVID-19 pandemic caused a temporary decline to 55.9 million tons due to restrictions and supply chain disruptions, which reduced construction activity and demand.

Recovery followed in 2021, with the market reaching 59.8 million tons as major cement companies expanded their production capacities and construction demand rebounded post-pandemic. From 2022 onward, geopolitical factors and international sanctions prompted a shift toward import substitution and state support for domestic producers, which helped sustain production growth. The exit of the international company Holcim from the Russian market in 2022 led to the transfer of its assets to local management and the launch of the Цементум brand in 2023, ensuring supply continuity.

Market expansion continued in 2023 and 2024, reaching 65.2 million tons in 2024, supported by policies favoring local manufacturers and the ongoing localization of supply chains. In 2025, production volume declined to 58.5 million tons.

Production portland cement in Russia

In kind, 2018-2021, K t

In 2021, Russia produced 59 443 thousand tons of portland cement, marking a modest 6.6% increase from 2020. Looking at the broader period from 2018 to 2021, production grew by 11.3%, which translates to an average annual growth rate of 3.6%. The most significant production increase occurred in 2019, with a rise of 7.5%, while the largest decline was recorded in 2020, when production fell by 2.9%.

Annual dynamics of production in Russia in kind, 2018-2021, K t

Exports portland cement from Russia

Exports in kind, K t

Russia's portland cement exports have increased for the third consecutive year. In 2021, the country exported 1 371 thousand tons, representing a gradual gain of 8.8% compared to the previous year. Over the period from 2018 to 2021, exports grew by 33.6%, with a compound annual growth rate (CAGR) of 10.1%.

Annual dynamics of product's exports from Russia in kind, 2018-2021, K t

From 2018 to 2021, Kazakhstan and Belarus clearly dominated Russia's portland cement export structure in terms of volume, while other countries collectively accounted for the remaining share.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Russia in kind, 2018-2021

Exports in value, K $ US

After two years of growth, Russia's portland cement export volumes in value terms declined. In 2021, exports were recorded at 76 779 thousand US dollars, reflecting a solid year-over-year loss of 10.4%. Over the period from 2018 to 2021, exports in value terms increased by 29.1%, with a CAGR of 8.9%. The maximum value was reached in 2020 at 85 721 thousand US dollars, which also saw the largest increase of 28.6%.

Annual dynamics of product's exports from Russia in value, 2018-2021, K $ US

From 2018 to 2021, Kazakhstan and Belarus clearly dominated Russia's portland cement export structure in value terms, while other countries together formed the remaining share.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Russia in value, 2018-2021

Imports portland cement to Russia

Imports in kind, K t

In 2021, Russia imported 1 546 thousand tons of portland cement, indicating an advance of 9.0% from the previous year. Between 2018 and 2021, imports increased by 10.6%, equating to an annualized growth rate of 3.4%. The largest decline occurred in 2020, with a drop of 2.0%.

Annual dynamics of product's imports to Russia in kind, 2018-2021, K t

From 2018 to 2021, Belarus and Kazakhstan remained the key sources for Russia's portland cement imports in terms of volume, jointly accounting for 83.2% of total flows. Other partners were much less significant individually.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Russia in kind, 2018-2021

Imports in value, K $ US

After a two-year decline, Russia's portland cement import volumes in value terms increased. In 2021, the import volume stood at 83 907 thousand US dollars, reflecting an uptick of 11.5% compared to 2020. The minimum value was recorded in 2020 at 75 229 thousand US dollars, which also saw the largest decline of 6.9%.

Annual dynamics of product's imports to Russia in value, 2018-2021, K $ US

From 2018 to 2021, Belarus (60.2% of imports in value terms), Kazakhstan (18.2%), and Turkey (12.6%) remained the principal suppliers of portland cement to Russia. Together, these three countries accounted for 91.0% of total imports in value terms.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Russia in value, 2018-2021