In 2021, cement production in Ukraine reached 11 million tons, after which, due to the full-scale invasion by Russia, this figure significantly decreased to 5.4 million tons in 2022. However, by 2023-2024, the industry began to gradually recover: production volumes increased to 7.43 million tons and 7.93 million tons, respectively. Manufacturers expect that this year cement output could reach 8 million tons.
This is reported by Business • Media
Demand Shifts Towards Infrastructure and Defense Projects
Domestic cement consumption mirrors production dynamics, but the structure of demand has changed significantly. Previously, a significant portion of cement was consumed by residential and commercial construction, but now infrastructure and defense projects play a key role. The main drivers of demand in 2023-2024 remain fortification structures, the construction of shelters, emergency repairs of roads and bridges, as well as targeted housing programs for affected areas.
“The structure of demand has also changed due to the war: the share of traditional residential and commercial construction has given way to infrastructure and defense projects.”
Export Development and Market Concentration
Against the backdrop of declining domestic demand, manufacturers have started to actively enter external markets. Cement exports rose from 971 thousand tons in 2021 (9% of total production) to an estimated 1.7 million tons in 2024, which already accounts for over 21% of produced goods. The main consumers of Ukrainian cement remain neighboring countries.
The cement market in Ukraine in 2024-2025 is characterized by high concentration. Leading positions are held by “Ivano-Frankivskcement,” the CRH group, and “Kryvyi Rih Cement.” The CRH agreement to acquire Dyckerhoff/Buzzi assets opens up opportunities for integrating Ukrainian production into global logistics chains, attracting new investments, and modernizing enterprises. This creates conditions for improving product quality, ensuring supply stability, and fostering competition in the market, which is particularly relevant considering the upcoming large-scale reconstruction of the country.