WORLD CEMENT STATISTICS BOOKLET with Country Level Data WORLD CEMENT STATISTICS BOOKLET with Country Level Data A country-based time-series set of cement consumption/production data in graphical format Copyright © 2020 Globbulk (Global Bulk Technologies S.L.) All rights reserved. www.globbulk.com TABLE OF CONTENTS TABLE OF CONTENTS ▪ Introduction ▪ Country Dataset: Afghanistan Albania Algeria Angola Argentina Armenia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bhutan Bolivia Bosnia Herz. Botswana Brazil Brunei Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Central Afr. Chad Chile China Colombia Comoros Congo D. R. ▪ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 Congo 38 Costa Rica 39 Côte d'Ivoire 40 Croatia 41 Cuba 42 Cyprus 43 Czech Rep. 44 Denmark 45 Djibouti 46 Dominican R. 47 Ecuador 48 Egypt 49 El Salvador 50 Equatorial. G. 51 Eritrea 52 Estonia 53 Ethiopia 54 Fiji 55 Finland 56 France 57 French G. 58 Gabon 59 Gambia 60 Georgia 61 Germany 62 Ghana 63 Greece 64 Guadeloupe 65 Guatemala 66 Guinea 67 Guinea-B. 68 Guyana 69 Haiti 70 Honduras 71 Hong Kong 72 Hungary 73 Iceland 74 India Indonesia Iran Iraq Ireland Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kosovo Kuwait Kyrgyz Rep. Laos Latvia Lebanon Lesotho Liberia Libya Lithuania Luxembourg Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Martinique Mauritania Mauritius Mexico Moldova Mongolia 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 Montenegro 112 Morocco 113 Mozambique 114 Myanmar 115 Namibia 116 Nepal 117 Netherlands 118 New Cal. 119 New Zealand 120 Nicaragua 121 Niger 122 Nigeria 123 North Korea 124 Norway 125 Oman 126 Pakistan 127 Palestine 128 Panama 129 Papua New G. 130 Paraguay 131 Peru 132 Philippines 133 Poland 134 Portugal 135 Puerto Rico 136 Qatar 137 Reunión 138 Romania 139 Russia 140 Rwanda 141 Saudi Arabia 142 Senegal 143 Serbia 144 Seychelles 145 Sierra Leone 146 Singapore 147 Slovakia 148 Slovenia 149 Somalia 150 South Africa 151 South Korea 152 South Sudan 153 Spain 154 Sri Lanka 155 Sudan 156 Suriname 157 Swaziland 158 Sweden 159 Switzerland 160 Syria 161 Taiwan 162 Tajikistan 163 Tanzania 164 Thailand 165 Timor-Leste 166 Togo 167 Trinidad & T. 168 Tunisia 169 Turkey 170 Turkmenistan 171 UAE 172 Uganda 173 Ukraine 174 United Kingd. 175 United States 176 Uruguay 177 USSR 178 Uzbekistan 179 Venezuela 180 Vietnam 181 Yemen 182 Yugoslavia 183 Zambia 184 Zimbabwe 185 Cement Consumptions vs GDP: A Review WORLD CEMENT STATISTICS BOOKLET - i INTRODUCTION INTRODUCTION A COUNTRY-BASED TIME-SERIES SET OF CEMENT CONSUMPTION DATA IN GRAPHICAL FORMAT This Booklet presents in a graphical format a large dataset of country-based statistics of cement consumption, complemented with macro-data on population and GDP. To our understanding there is no such compilation of data readily available with similar depth and breadth. The data cover 185 countries (some of them already gone as the USRR, others are far more recent as Timor-Leste). The time-series varies in extension: in few cases it starts in the XIX century, but for most countries it begins in the 60’s and reaches 2018/19. In the case of some former Soviet republics the data opens in the 90’s. While it is a large enough dataset, with over 100,000 yearly data points, neither all countries nor all periods are equally covered. The sources include more than 400 technical documents of diverse types, whose quality is uneven, as we discuss below. The Booklet provides for the majority of countries a complete enough longitudinal view, and it allows cross-country comparisons. The project started in 2017, and we have uploaded it to our webpage (http://globbulk.com/Cement-vs-GDP). This Booklet presents a major update of the data included in the web version, which we also intend to revise. We plan to continue gathering information and releasing periodic reviews of both the Booklet and the webpage. The reader is welcome to provide additional input to ricardo.gonzalez@globbulk.com The set of data is presented by country, and for each country there are six charts showing: ▪ The evolution of population vs time (mostly from 1950). ▪ The evolution of GDP vs time (mostly from 1960). WORLD CEMENT STATISTICS BOOKLET - ii INTRODUCTION ▪ The evolution of cement consumption vs time, in absolute and relative forms (Mt/y and kg/cap-y). ▪ The relationship between the per capita cement consumption and GDP (with the GDP measured in standard and PPP forms). REMARKS ON THE DATA, FOR A BETTER UNDERSTANDING OF THE CHARTS In the time span covered by this database there have been a number of changes in the international status of countries, mainly the de-colonization wave and the fall of the Soviet world. This creates some continuity and separation issues which we have not aimed at solving in detail. A considerable effort has been devoted to spot data errors, and we believe that the larger ones have been cleared. If the charts show what may seem an outlier, it is likely that we have already double checked and confirmed that the source indicated that figure. In some few cases we have removed data which we thought was clearly wrong, but otherwise we present the information as provided by the sources. However, the database may still contain errors of different types and we appreciate the reader’s feedback. We have selected what we think are reliable sources of information, but not even this is free from difficulties: ▪ Population data is from the UN WPP (World Population Program), and we have only used this source. ▪ GDP (always per capita) is presented in two flavors: GDP at constant 2010 USD, and GDP-PPP (Purchasing Power Parity) at constant 2011 USD. The sources are the IMF’s WEO (World Economic Outlook), the World Bank’ WDI (World Development Indicators) and UN’s GDP estimates. For some specific countries, mostly French DOMTOM, we have used other sources. We show the data with greenish color for the GDP-PPP, and brownish for the conventional GDP. The reader can spot the considerable differences that occasionally arise among the sources. ▪ Cement consumption has been collected from more than 400 technical sources, either as a per capita figure, or as a tonnage/year. We have converted across them with the country population mentioned above. The data includes (apparent) consumption as well as production. However, in some cases the sources do not make it clear whether they WORLD CEMENT STATISTICS BOOKLET - iii INTRODUCTION refer to consumption or production, and the comparison of data may help to spot the difference. Data whose scope if explicitly production is represented as greyish dots, while the other sources are presented in different hues of red, brown and orange. The reader will easily notice that the cement consumption/production data is rather blurry, especially since the year 2000. This is not only due to the difference between production and consumption, but probably intrinsic to the difficulties of measuring actual cement consumption and production at a country scale at different times. It is worth noting that the majority of the sources are either official or professional, and that the “unqualified data collected from the general newspaper” that might create the uncertainty is a small fraction of the data. Some countries may also produce fake statistics, but that is also a minority, and easily identifiable. On the same side is the observation that the GDP measured by different international organisms produce quite different results. The obvious consequence is that if measurements of GDP and cement consumption or production have such uncertainties, as clearly shown in the charts, then the insight that can be derived from the conventional sources of data should be carefully evaluated. As mentioned above, we have not screened the data unless for flagrant outliers, and we have preferred to show the data as published by the authors. It is possible to reduce the uncertainty through a detailed analysis, but that is beyond the scope of the Booklet. A particular case refers to the relationship between GDP and cement consumption/production: at the final of the Booklet we include a review article on this relationship. WORLD CEMENT STATISTICS BOOKLET - iv AFGHANISTAN Afghanistan WORLD CEMENT STATISTICS BOOKLET - 1 / 185 ALBANIA Albania WORLD CEMENT STATISTICS BOOKLET - 2 / 185 ALGERIA Algeria WORLD CEMENT STATISTICS BOOKLET - 3 / 185 ANGOLA Angola WORLD CEMENT STATISTICS BOOKLET - 4 / 185 ARGENTINA Argentina WORLD CEMENT STATISTICS BOOKLET - 5 / 185 ARMENIA Armenia WORLD CEMENT STATISTICS BOOKLET - 6 / 185 AUSTRALIA Australia WORLD CEMENT STATISTICS BOOKLET - 7 / 185 AUSTRIA Austria WORLD CEMENT STATISTICS BOOKLET - 8 / 185 AZERBAIJAN Azerbaijan WORLD CEMENT STATISTICS BOOKLET - 9 / 185 BAHAMAS Bahamas WORLD CEMENT STATISTICS BOOKLET - 10 / 185 BAHRAIN Bahrain WORLD CEMENT STATISTICS BOOKLET - 11 / 185 BANGLADESH Bangladesh WORLD CEMENT STATISTICS BOOKLET - 12 / 185 BARBADOS Barbados WORLD CEMENT STATISTICS BOOKLET - 13 / 185 BELARUS Belarus WORLD CEMENT STATISTICS BOOKLET - 14 / 185 BELGIUM Belgium WORLD CEMENT STATISTICS BOOKLET - 15 / 185 BELIZE Belize WORLD CEMENT STATISTICS BOOKLET - 16 / 185 BENIN Benin WORLD CEMENT STATISTICS BOOKLET - 17 / 185 BHUTAN Bhutan WORLD CEMENT STATISTICS BOOKLET - 18 / 185 BOLIVIA Bolivia WORLD CEMENT STATISTICS BOOKLET - 19 / 185 BOSNIA HERZ. Bosnia Herz. WORLD CEMENT STATISTICS BOOKLET - 20 / 185 BOTSWANA Botswana WORLD CEMENT STATISTICS BOOKLET - 21 / 185 BRAZIL Brazil WORLD CEMENT STATISTICS BOOKLET - 22 / 185 BRUNEI Brunei WORLD CEMENT STATISTICS BOOKLET - 23 / 185 BULGARIA Bulgaria WORLD CEMENT STATISTICS BOOKLET - 24 / 185 BURKINA FASO Burkina Faso WORLD CEMENT STATISTICS BOOKLET - 25 / 185 BURUNDI Burundi WORLD CEMENT STATISTICS BOOKLET - 26 / 185 CAMBODIA Cambodia WORLD CEMENT STATISTICS BOOKLET - 27 / 185 CAMEROON Cameroon WORLD CEMENT STATISTICS BOOKLET - 28 / 185 CANADA Canada WORLD CEMENT STATISTICS BOOKLET - 29 / 185 CAPE VERDE Cape Verde WORLD CEMENT STATISTICS BOOKLET - 30 / 185 CENTRAL AFR. REP. Central Afr. Rep. WORLD CEMENT STATISTICS BOOKLET - 31 / 185 CHAD Chad WORLD CEMENT STATISTICS BOOKLET - 32 / 185 CHILE Chile WORLD CEMENT STATISTICS BOOKLET - 33 / 185 CHINA China WORLD CEMENT STATISTICS BOOKLET - 34 / 185 COLOMBIA Colombia WORLD CEMENT STATISTICS BOOKLET - 35 / 185 COMOROS Comoros WORLD CEMENT STATISTICS BOOKLET - 36 / 185 CONGO DEM. REP. Congo Dem. Rep. WORLD CEMENT STATISTICS BOOKLET - 37 / 185 CONGO REP. Congo Rep. WORLD CEMENT STATISTICS BOOKLET - 38 / 185 COSTA RICA Costa Rica WORLD CEMENT STATISTICS BOOKLET - 39 / 185 CÔTE D'IVOIRE Côte d'Ivoire WORLD CEMENT STATISTICS BOOKLET - 40 / 185 CROATIA Croatia WORLD CEMENT STATISTICS BOOKLET - 41 / 185 CUBA Cuba WORLD CEMENT STATISTICS BOOKLET - 42 / 185 CYPRUS Cyprus WORLD CEMENT STATISTICS BOOKLET - 43 / 185 CZECH REP. Czech Rep. WORLD CEMENT STATISTICS BOOKLET - 44 / 185 DENMARK Denmark WORLD CEMENT STATISTICS BOOKLET - 45 / 185 DJIBOUTI Djibouti WORLD CEMENT STATISTICS BOOKLET - 46 / 185 DOMINICAN REP. Dominican Rep. WORLD CEMENT STATISTICS BOOKLET - 47 / 185 ECUADOR Ecuador WORLD CEMENT STATISTICS BOOKLET - 48 / 185 EGYPT Egypt WORLD CEMENT STATISTICS BOOKLET - 49 / 185 EL SALVADOR El Salvador WORLD CEMENT STATISTICS BOOKLET - 50 / 185 EQUAT. GUINEA Equat. Guinea WORLD CEMENT STATISTICS BOOKLET - 51 / 185 ERITREA Eritrea WORLD CEMENT STATISTICS BOOKLET - 52 / 185 ESTONIA Estonia WORLD CEMENT STATISTICS BOOKLET - 53 / 185 ETHIOPIA Ethiopia WORLD CEMENT STATISTICS BOOKLET - 54 / 185 FIJI Fiji WORLD CEMENT STATISTICS BOOKLET - 55 / 185 FINLAND Finland WORLD CEMENT STATISTICS BOOKLET - 56 / 185 FRANCE France WORLD CEMENT STATISTICS BOOKLET - 57 / 185 FRENCH GUIANA French Guiana WORLD CEMENT STATISTICS BOOKLET - 58 / 185 GABON Gabon WORLD CEMENT STATISTICS BOOKLET - 59 / 185 GAMBIA Gambia WORLD CEMENT STATISTICS BOOKLET - 60 / 185 GEORGIA Georgia WORLD CEMENT STATISTICS BOOKLET - 61 / 185 GERMANY Germany WORLD CEMENT STATISTICS BOOKLET - 62 / 185 GHANA Ghana WORLD CEMENT STATISTICS BOOKLET - 63 / 185 GREECE Greece WORLD CEMENT STATISTICS BOOKLET - 64 / 185 GUADELOUPE Guadeloupe WORLD CEMENT STATISTICS BOOKLET - 65 / 185 GUATEMALA Guatemala WORLD CEMENT STATISTICS BOOKLET - 66 / 185 GUINEA Guinea WORLD CEMENT STATISTICS BOOKLET - 67 / 185 GUINEA-BISSAU Guinea-Bissau WORLD CEMENT STATISTICS BOOKLET - 68 / 185 GUYANA Guyana WORLD CEMENT STATISTICS BOOKLET - 69 / 185 HAITI Haiti WORLD CEMENT STATISTICS BOOKLET - 70 / 185 HONDURAS Honduras WORLD CEMENT STATISTICS BOOKLET - 71 / 185 HONG KONG Hong Kong WORLD CEMENT STATISTICS BOOKLET - 72 / 185 HUNGARY Hungary WORLD CEMENT STATISTICS BOOKLET - 73 / 185 ICELAND Iceland WORLD CEMENT STATISTICS BOOKLET - 74 / 185 INDIA India WORLD CEMENT STATISTICS BOOKLET - 75 / 185 INDONESIA Indonesia WORLD CEMENT STATISTICS BOOKLET - 76 / 185 IRAN Iran WORLD CEMENT STATISTICS BOOKLET - 77 / 185 IRAQ Iraq WORLD CEMENT STATISTICS BOOKLET - 78 / 185 IRELAND Ireland WORLD CEMENT STATISTICS BOOKLET - 79 / 185 ISRAEL Israel WORLD CEMENT STATISTICS BOOKLET - 80 / 185 ITALY Italy WORLD CEMENT STATISTICS BOOKLET - 81 / 185 JAMAICA Jamaica WORLD CEMENT STATISTICS BOOKLET - 82 / 185 JAPAN Japan WORLD CEMENT STATISTICS BOOKLET - 83 / 185 JORDAN Jordan WORLD CEMENT STATISTICS BOOKLET - 84 / 185 KAZAKHSTAN Kazakhstan WORLD CEMENT STATISTICS BOOKLET - 85 / 185 KENYA Kenya WORLD CEMENT STATISTICS BOOKLET - 86 / 185 KOSOVO Kosovo WORLD CEMENT STATISTICS BOOKLET - 87 / 185 KUWAIT Kuwait WORLD CEMENT STATISTICS BOOKLET - 88 / 185 KYRGYZ REP. Kyrgyz Rep. WORLD CEMENT STATISTICS BOOKLET - 89 / 185 LAOS Laos WORLD CEMENT STATISTICS BOOKLET - 90 / 185 LATVIA Latvia WORLD CEMENT STATISTICS BOOKLET - 91 / 185 LEBANON Lebanon WORLD CEMENT STATISTICS BOOKLET - 92 / 185 LESOTHO Lesotho WORLD CEMENT STATISTICS BOOKLET - 93 / 185 LIBERIA Liberia WORLD CEMENT STATISTICS BOOKLET - 94 / 185 LIBYA Libya WORLD CEMENT STATISTICS BOOKLET - 95 / 185 LITHUANIA Lithuania WORLD CEMENT STATISTICS BOOKLET - 96 / 185 LUXEMBOURG Luxembourg WORLD CEMENT STATISTICS BOOKLET - 97 / 185 MACAU Macau WORLD CEMENT STATISTICS BOOKLET - 98 / 185 MACEDONIA Macedonia WORLD CEMENT STATISTICS BOOKLET - 99 / 185 MADAGASCAR Madagascar WORLD CEMENT STATISTICS BOOKLET - 100 / 185 MALAWI Malawi WORLD CEMENT STATISTICS BOOKLET - 101 / 185 MALAYSIA Malaysia WORLD CEMENT STATISTICS BOOKLET - 102 / 185 MALDIVES Maldives WORLD CEMENT STATISTICS BOOKLET - 103 / 185 MALI Mali WORLD CEMENT STATISTICS BOOKLET - 104 / 185 MALTA Malta WORLD CEMENT STATISTICS BOOKLET - 105 / 185 MARTINIQUE Martinique WORLD CEMENT STATISTICS BOOKLET - 106 / 185 MAURITANIA Mauritania WORLD CEMENT STATISTICS BOOKLET - 107 / 185 MAURITIUS Mauritius WORLD CEMENT STATISTICS BOOKLET - 108 / 185 MEXICO Mexico WORLD CEMENT STATISTICS BOOKLET - 109 / 185 MOLDOVA Moldova WORLD CEMENT STATISTICS BOOKLET - 110 / 185 MONGOLIA Mongolia WORLD CEMENT STATISTICS BOOKLET - 111 / 185 MONTENEGRO Montenegro WORLD CEMENT STATISTICS BOOKLET - 112 / 185 MOROCCO Morocco WORLD CEMENT STATISTICS BOOKLET - 113 / 185 MOZAMBIQUE Mozambique WORLD CEMENT STATISTICS BOOKLET - 114 / 185 MYANMAR Myanmar WORLD CEMENT STATISTICS BOOKLET - 115 / 185 NAMIBIA Namibia WORLD CEMENT STATISTICS BOOKLET - 116 / 185 NEPAL Nepal WORLD CEMENT STATISTICS BOOKLET - 117 / 185 NETHERLANDS Netherlands WORLD CEMENT STATISTICS BOOKLET - 118 / 185 NEW CALEDONIA New Caledonia WORLD CEMENT STATISTICS BOOKLET - 119 / 185 NEW ZEALAND New Zealand WORLD CEMENT STATISTICS BOOKLET - 120 / 185 NICARAGUA Nicaragua WORLD CEMENT STATISTICS BOOKLET - 121 / 185 NIGER Niger WORLD CEMENT STATISTICS BOOKLET - 122 / 185 NIGERIA Nigeria WORLD CEMENT STATISTICS BOOKLET - 123 / 185 NORTH KOREA North Korea NO DATA AVILABLE WORLD CEMENT STATISTICS BOOKLET - 124 / 185 NORWAY Norway WORLD CEMENT STATISTICS BOOKLET - 125 / 185 OMAN Oman WORLD CEMENT STATISTICS BOOKLET - 126 / 185 PAKISTAN Pakistan WORLD CEMENT STATISTICS BOOKLET - 127 / 185 PALESTINE Palestine WORLD CEMENT STATISTICS BOOKLET - 128 / 185 PANAMA Panama WORLD CEMENT STATISTICS BOOKLET - 129 / 185 PAPUA NEW G. Papua New G. WORLD CEMENT STATISTICS BOOKLET - 130 / 185 PARAGUAY Paraguay WORLD CEMENT STATISTICS BOOKLET - 131 / 185 PERU Peru WORLD CEMENT STATISTICS BOOKLET - 132 / 185 PHILIPPINES Philippines WORLD CEMENT STATISTICS BOOKLET - 133 / 185 POLAND Poland WORLD CEMENT STATISTICS BOOKLET - 134 / 185 PORTUGAL Portugal WORLD CEMENT STATISTICS BOOKLET - 135 / 185 PUERTO RICO Puerto Rico WORLD CEMENT STATISTICS BOOKLET - 136 / 185 QATAR Qatar WORLD CEMENT STATISTICS BOOKLET - 137 / 185 REUNION Reunion WORLD CEMENT STATISTICS BOOKLET - 138 / 185 ROMANIA Romania WORLD CEMENT STATISTICS BOOKLET - 139 / 185 RUSSIA Russia WORLD CEMENT STATISTICS BOOKLET - 140 / 185 RWANDA Rwanda WORLD CEMENT STATISTICS BOOKLET - 141 / 185 SAUDI ARABIA Saudi Arabia WORLD CEMENT STATISTICS BOOKLET - 142 / 185 SENEGAL Senegal WORLD CEMENT STATISTICS BOOKLET - 143 / 185 SERBIA Serbia WORLD CEMENT STATISTICS BOOKLET - 144 / 185 SEYCHELLES Seychelles WORLD CEMENT STATISTICS BOOKLET - 145 / 185 SIERRA LEONE Sierra Leone WORLD CEMENT STATISTICS BOOKLET - 146 / 185 SINGAPORE Singapore WORLD CEMENT STATISTICS BOOKLET - 147 / 185 SLOVAKIA Slovakia WORLD CEMENT STATISTICS BOOKLET - 148 / 185 SLOVENIA Slovenia WORLD CEMENT STATISTICS BOOKLET - 149 / 185 SOMALIA Somalia WORLD CEMENT STATISTICS BOOKLET - 150 / 185 SOUTH AFRICA South Africa WORLD CEMENT STATISTICS BOOKLET - 151 / 185 SOUTH KOREA South Korea WORLD CEMENT STATISTICS BOOKLET - 152 / 185 SOUTH SUDAN South Sudan WORLD CEMENT STATISTICS BOOKLET - 153 / 185 SPAIN Spain WORLD CEMENT STATISTICS BOOKLET - 154 / 185 SRI LANKA Sri Lanka WORLD CEMENT STATISTICS BOOKLET - 155 / 185 SUDAN Sudan WORLD CEMENT STATISTICS BOOKLET - 156 / 185 SURINAME Suriname WORLD CEMENT STATISTICS BOOKLET - 157 / 185 SWAZILAND Swaziland WORLD CEMENT STATISTICS BOOKLET - 158 / 185 SWEDEN Sweden WORLD CEMENT STATISTICS BOOKLET - 159 / 185 SWITZERLAND Switzerland WORLD CEMENT STATISTICS BOOKLET - 160 / 185 SYRIA Syria WORLD CEMENT STATISTICS BOOKLET - 161 / 185 TAIWAN Taiwan NO DATA AVAILABLE WORLD CEMENT STATISTICS BOOKLET - 162 / 185 TAJIKISTAN Tajikistan WORLD CEMENT STATISTICS BOOKLET - 163 / 185 TANZANIA Tanzania WORLD CEMENT STATISTICS BOOKLET - 164 / 185 THAILAND Thailand WORLD CEMENT STATISTICS BOOKLET - 165 / 185 TIMOR-LESTE Timor-Leste WORLD CEMENT STATISTICS BOOKLET - 166 / 185 TOGO Togo WORLD CEMENT STATISTICS BOOKLET - 167 / 185 TRINIDAD & T. Trinidad & T. WORLD CEMENT STATISTICS BOOKLET - 168 / 185 TUNISIA Tunisia WORLD CEMENT STATISTICS BOOKLET - 169 / 185 TURKEY Turkey WORLD CEMENT STATISTICS BOOKLET - 170 / 185 TURKMENISTAN Turkmenistan WORLD CEMENT STATISTICS BOOKLET - 171 / 185 UGANDA Uganda WORLD CEMENT STATISTICS BOOKLET - 172 / 185 UKRAINE Ukraine WORLD CEMENT STATISTICS BOOKLET - 173 / 185 UNITED ARAB EM. United Arab Em. WORLD CEMENT STATISTICS BOOKLET - 174 / 185 UNITED KINGDOM United Kingdom WORLD CEMENT STATISTICS BOOKLET - 175 / 185 UNITED STATES United States WORLD CEMENT STATISTICS BOOKLET - 176 / 185 URUGUAY Uruguay WORLD CEMENT STATISTICS BOOKLET - 177 / 185 USSR USSR NO DATA AVAILABLE WORLD CEMENT STATISTICS BOOKLET - 178 / 185 UZBEKISTAN Uzbekistan WORLD CEMENT STATISTICS BOOKLET - 179 / 185 VENEZUELA Venezuela WORLD CEMENT STATISTICS BOOKLET - 180 / 185 VIETNAM Vietnam WORLD CEMENT STATISTICS BOOKLET - 181 / 185 YEMEN Yemen WORLD CEMENT STATISTICS BOOKLET - 182 / 185 YUGOSLAVIA Yugoslavia NO DATA AVAILABLE WORLD CEMENT STATISTICS BOOKLET - 183 / 185 ZAMBIA Zambia WORLD CEMENT STATISTICS BOOKLET - 184 / 185 ZIMBABWE Zimbabwe WORLD CEMENT STATISTICS BOOKLET - 185 / 185 GlobBULK. Global Bulk Technologies S.L. Paseo de la Castellana 18, 7th Floor 280146 Madrid, Spain CEMENT CONSUMPTION vs GDP PER CAPITA: A REVIEW 1. GDP and Cement Consumption It is common that the description of a country’s cement industry, feasibility studies and industry assessments include a reference to the relationship between cement consumption and GDP, both on a per capita basis. According to the established understanding, these two variables would be related by an inverted U curve, with the following features: At low GDPs, countries would have low cement consumption; As the country develops, the cement consumption grows with the GDP; But beyond a certain consumption rate, saturation or peak, further economic development is achieved with a decrease in the cement consumption. 2. Some Cherry Picking In statistics “cherry picking” is the selection of data that suits one’s preferences. It is well known that enough manipulation of data can yield almost any desired result: let me copy some instances of this tendency. The following three images present “consumption vs GDP” charts taken from professional sources. They all show the GDP (in USD or kUSD) vs the cement consumption (kg or ton), all per capita, for the years 2010 (top), 2011 and 2012 (bottom) There is economic and technical logic behind this: cement needs to be manufactured, so the starting point must be 0 kg/capita by necessity. Economic development requires heavy investment in physical capital, which since the beginning of the XX century pulls cement consumption: housing, ports, roads. And once the main infrastructure is built, the incremental additions and maintenance works require much less cement: the country can still grow, but not by its continuous large investment in bulky infrastructure, but through lighter or less tangible assets; eventually, the cement may be substituted by other products, and technological progress also reduces the unit consumption rate. In fact, this set of arguments is applied in general industrial and ecology economics, not only in cement. But despite this apparently clear reasoning there are some aspects which are not always properly interpreted. 20180518 Cement Consumption R1.docx © Global Bulk Technologies S.L. 1/7+Annexes 3. Sophisticated Variations It is always possible to take one derivative more, as in this chart from a financial analyst report: My personal favorites are the following two, from 2001 and 2008, the first from an international strategist (but all figures need to be multiplied by 10), the second from a top American investment bank. It represents the “cement intensity”, or grams of cement per USD of GDP. This happens to be the slope (the derivative) of the position of each point in the consumption/GDP chart. It is a surprising chart because points in the growing side of the “trend line” will have a similar slope, regardless of their actual development. The slope (the tangent) is also an asymptotic curve, and as such not a particularly good indicator. The opposite approach is to use a logarithmic function, which will unevenly compress the actual scales, and things will seem more similar than they actually are. As a report from a Ministry of Industry stated, this type of charts is “a striking visual representation of a country’s stage of development”. Or, as another report to a Ministry of Industry affirmed: “History shows that demand for cement rises rapidly when GDP takes off from a low base”. If reality was so easy! © Global Bulk Technologies S.L. 4. The non-Flamboyant Facts Other authors are less choosy in their selection of data, or their manipulation, and the results are less attractive, messier: 2/7+Annexes But these non-attractive plots show something closer to what seems to be the factual reality. The next four charts present the results for 170 countries in the years 1990 (top), 2000, 2010 and 2015 (bottom). Units are kg of cement per capita, and GDP in USD. Four remarks on the data: The dataset is homogenous: consumption from ICR (www.cemnet.net), population from UN, and GDP from the World Bank. The vertical axis measures domestic cement consumption, not production. The horizontal axis measures GDP (not GNP), and it is expressed as PPP (Purchase Power Parity) in constant US dollars of 2011. There is one country (Qatar) with a consumption above 2,000 kg/ca, not shown in the charts. © Global Bulk Technologies S.L. 3/7+Annexes And for 1980 also 1: Unless one removes a considerable number of data (“cherry picks”), there is no obvious fitting curve with the pattern of an inverted U that can be observed in the last 40 years: the fits show a growing pattern and their fitting degree is low, as shown for 2015 with different curves: However, the full set of data used for this article is not showing that pattern, neither in 1990 (above) nor in 2015 (below): It is necessary to remove a number of “outliers” to make the charts look like an inverted Ushape. But, what is an “outlier” here? A document from 1994 reported a fitting for 1990, based on GNP (note the log-log scale): 1 In this latter chart, GDP is not expressed as PPP, but as constant 2010 US, as standard PPP series often © Global Bulk Technologies S.L. First, allow me one step back. While it is possible to fit curves to the dot charts presented above, it is important to note that not all dots have the same importance: India or start in 1990. The coloured dots represent various sources of data. 4/7+Annexes China far outweigh Lesotho or Lichtenstein. When these weighs are introduced, the fitting requires even more “cherry picking”, especially after the year 2000 (bubble charts for 1990 and 2016): There is some value in the consumption/GDP relationship, although not where/how it is normally shown. The use of these consumption/GDP curves dates from the late 70s, but a relevant original aspect seems to have been lost since then: the fact that technical progress may prevent countries to follow the same path. This hindsight was represented in the following charts from 1978, and it seems to have been forgotten. Despite these drawbacks, the inverted-U curve is not only mentioned in technical documents, as shown above: it is also often used in scientific reports assessing CO2 emissions from the global cement industry. So, is this supposed relationship between cement consumption and GDP just common and established nonsense? Is it used because there is nothing better? There are two complementary answers to this question: Massaging the data is dangerous and can create illusionary constructs. A single, inverted U-shaped curve that fits all countries at once seems to be an abstraction, and its factual support appears to be based on partial data; but © Global Bulk Technologies S.L. 5. Comparison of Time Series The sequence of charts presented above, from 1980 to 2015, raises the possibility of looking at how countries behave along time. Although each country has its own history, there are certain similarities which may be of relevance. They are only semiquantitative; and they are not general: there does not seem to exist a single law applicable to all countries. 5/7+Annexes The following chart is a “cherry picking” of four American countries: Mexico (green), Chile (purple), USA (reddish), and Canada (blue). It presents consumption vs GDP from 1960 to 2016. A similar result is presented in the following chart, for different regions (red = China; green = Europe-33; blue = North America). Or for some countries: This is probably close enough to the best that can be achieved without entering into historical data researching for data prior to 1960. Joining the pattern described by the four countries seems to yield the U-shaped curve, on a timeseries basis. However, it is important to remark that the previous chart is a construction in which the countries have been carefully picked. One similar counter-example can highlight this: (Both latter charts have the per capita GDP expressed in international 1995-USD). There is hardly any visible cross-country trend in these factual time-series – other than a general difference in slope! 6. Clusters for Comparison While it is actually difficult to find a common fitting curve which is meaningful for all countries, it is possible to find clusters of countries with similar behaviour. In the case of the Americas at least four such groups can be identified. This latter diagram shows the same relationship for Turkey, Spain, France, Finland and Greece. Here, the “path of the U-shaped law” is much more difficult to ascertain, if it exists at all, and it is far from obvious that the same “law” is behind these observed behaviours. © Global Bulk Technologies S.L. Panama, Ecuador, Peru and even Brazil or Colombia show a steep and rather uniform link between consumption and GDP, with a reduction after the last global crisis, which is 6/7+Annexes deeper on milder depending on the country. For Ecuador2: Chile seems to have found its own rather smooth growth pattern: Countries like Mexico or Guatemala seem to have found a ceiling related to the financial crisis, longer but less intense that the previous group. For Mexico: 2 In this set of charts, the sources are more heterogeneous and are identified with different colours. © Global Bulk Technologies S.L. Finally, Canada and the USA come from a stable or steadily diminishing consumption, and have gone through “adjustments” in the latest crisis, very large in the case of USA: The GDP is in PPP (blue, always to the right of the chart) or expressed as 2010 USD (other colours). 7/7+Annexes