U.S. cement prices 2010-2024

In 2024, the price of cement in the United States stood at an estimated 160 U.S. dollars per metric ton, remaining the highest it has been in recent years. 

Different types of cement

In 2024, the United States' imports of hydraulic cement amounted to 24 million metric tons. One of the most common types of hydraulic cement is known as Portland cement. It is used in concrete, mortar, stucco, as well as grout. The U.S. produced an estimated 86 million metric tons of Portland cement and masonry cement in 2024. 

Cement price recovery from the great recession

In 2016, cement prices finally surpassed pre-recession prices, which was about 111 U.S. dollars per metric ton the year prior to the global recession. By 2024, U.S. cement had increased further to an estimated price of 160 U.S. dollars per metric ton. The cement price per ton relies heavily on demand from the construction industry. Global cement production may reach as much as six billion metric tons by 2050. In 2023, France’s Saint-Gobain, one of the leading manufacturers of construction materials worldwide, reported sales totaling nearly 52 billion U.S. dollars.