The Angola cement market size reached a volume of 2.89 MMT in 2024. The market is projected to grow at a CAGR of 6.20% between 2025 and 2034 to reach nearly a volume of 5.27 MMT by 2034. This can be attributed to the rising investments by international agencies in Angola’s infrastructure development and rising demand for green cement across industries.
Base Year
Historical Year
Forecast Year
The Angola cement market analysis suggests that the nation consumes 2.5 million tons of cement annually. However, production far surpasses consumption (at 8.5 million tons), which has made exports an exciting opportunity for domestic manufacturers. As companies bolster their existing production capacities, overall cement consumption is expected to record significant growth.
Angola's cement market is expanding due to significant infrastructure investments in roads, bridges, and housing projects. These developments, driven by government initiatives and urbanisation, are boosting demand for high-quality cement, creating opportunities for local manufacturers and attracting international suppliers to meet the rising construction needs. This is one of the key Angola cement market trends.
The privatisation of cement assets, like Secil Lobito, is fostering competition and attracting private investments. This shift is enhancing operational efficiency, modernising production facilities, and encouraging innovation. By reducing state involvement, Angola is creating a competitive cement market that supports economic growth and improves production capacity to meet domestic and regional demand.
Value in MMT
2025-2034
Angola Cement Market Outlook
*this image is indicative*
|
Angola Cement Market Report Summary |
Description |
Value |
|
Base Year |
MMT |
2024 |
|
Historical Period |
MMT |
2018-2024 |
|
Forecast Period |
MMT |
2025-2034 |
|
Market Size 2024 |
MMT |
2.89 |
|
Market Size 2034 |
MMT |
5.27 |
|
CAGR 2018-2024 |
Percentage |
XX% |
|
CAGR 2025-2034 |
Percentage |
6.20% |
|
CAGR 2025-2034 - Market by Province |
Luanda |
7.1% |
|
CAGR 2025-2034 - Market by Province |
Benguela |
6.6% |
|
CAGR 2025-2034 - Market by Type |
Blended |
6.9% |
|
CAGR 2025-2034 - Market by End Use |
Infrastructural |
6.7% |
Angola has a 76,000 km long network of roads and highways, with only 18% of it being asphalted roads. This has prompted the national government to approve a road development programme for nearly USD 421.3 million to boost economic growth and regional connectivity. The project is also expected to receive aid worth USD 94 million from the Africa Finance Corporation, and additional funding packages from the Standard Chartered Bank, the US Private Export Funding Corporation, and Export-Import Bank of the US. This is expected to contribute to the growth of Angola cement market size in the coming years.
In 2020, the per capita cement consumption in sub-Saharan African countries increased slightly to 113 kg. The Sub-Saharan region accounts for nearly 47% of the total cement production in the continent at around 90.1 MT annually. This includes Angola, where companies are making substantial investments into expanding their existing production capacity. In 2020, the cement production capacity of Africa increased to 386.1 MT per annum, while capacity utilization is expected to soar in the coming years. This is expected to positively influence the Angola cement market development.
Focus on increasing cement exports, rapid population growth, shift towards green cement, and privatisation of cement companies are the major factors driving the Angola cement market growth.
In H1 of FY 2021-22, Angola exported USD 13.2 million worth of cement, which was ranked as the topmost exported commodity on the list of items under the Program to Support Production, Export Diversification, and Import Substitution (PRODESI). The construction of new cement production factories is expected to sustain this trend, thereby facilitating Angola cement market expansion.
As per the World Population Reference Bureau, Africa had a population of nearly 1.338 billion people in mid-2020 with nearly 43% of it residing in urban areas. By 2035, the population is expected to reach 1.887 billion individuals by recording an annual growth rate of 2.6%. This is expected to increase the demand for new residential projects and housing units, thereby accelerating the demand for cement. This is favourably shaping the Angola cement market dynamics.
Cement companies in Angola are adopting eco-friendly manufacturing practices, including the use of alternative fuels and reducing carbon emissions. These initiatives align with global sustainability goals and improve operational efficiency. By embracing green technologies, manufacturers are enhancing their market appeal and addressing environmental concerns. This is one of the key Angola cement market trends.
Privatisation of state-owned cement companies, like Secil Lobito, is attracting private investors, fostering innovation, and improving operational efficiency. These initiatives align with Angola’s broader economic reforms, creating a competitive market environment. Private ownership is expected to enhance technology adoption and production capabilities, boosting the overall cement sector's performance.
The rising demand for affordable housing in Angola is a key driver of cement market growth. Government initiatives to address urbanisation and housing shortages have led to increased residential construction projects. This has created a consistent need for cost-effective and durable cement solutions. Local manufacturers are expanding production capacities and innovating affordable products to meet this demand. This is leading to the growth of Angola cement market revenue. Additionally, infrastructure projects accompanying housing developments further amplify cement requirements. By focusing on affordability and quality, the cement industry is playing a vital role in supporting Angola’s economic development and improving housing accessibility, fostering long-term market stability and growth.
The EMR’s report titled “Angola Cement Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
Market Breakup by End Use:
Market Breakup by Region:
|
CAGR 2025-2034 - Market by |
Province |
|
Luanda |
7.1% |
|
Benguela |
6.6% |
|
Huíla |
XX% |
|
Huambo |
XX% |
|
Cabinda |
XX% |
|
Others |
XX% |
Major market players, including Nova Cimangola and Secil Lobito, are investing in modernising production facilities and expanding capacity to meet rising domestic demand. They are adopting sustainable practices, such as alternative fuels, to reduce emissions. Companies are also exploring export opportunities to neighbouring countries and focusing on affordable solutions for government-led housing projects. This is creating a favourable Angola cement market outlook.
Cimenfort was founded in 2012 and is headquartered in Benguela province near Lobito port. It is one of Angola’s largest manufacturers of plaster putty, agricultural limestone, and cement products.
Secil — Companhia Geral de Cal e Cimento, S.A. (“Secil”) was founded in 2004 and producers 350 thousand tons of cement annually in Angola. It is a part of the Secil Group, a Portuguese company that produces over 9.75 million tonnes of cement annually.
Nova Cimangola was founded in 1957 and is headquartered in Luanda. The company alone produces over 2.5 million tons of cement annually, which is sufficient for fulfilling domestic requirements.
Fábrica de Cimento do Kwanza-Sul, SA (FCKS) was founded in April 2003 and is headquartered in Kwanza Sul Province. It producers over 1,728,000 tons of cement annually and 144,000 tons of clinker each month.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other players included in the Angola cement market report are Fábrica de Cimento do Kwanza-Sul, SA (FCKS), among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the market reached an approximate volume of 2.89 MMT.
The market is projected to grow at a CAGR of 6.20% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a volume of around 5.27 MMT by 2034.
The different regions considered in the market report include Luanda, Benguela, Huíla, Cabinda, and Huambo, among others.
The major market trends include focus on increasing cement exports, rapid population growth, shift towards green cement, and privatisation of cement companies.
The different end uses of cement include residential, commercial/institutional/industrial, and infrastructural.
The different types of cement in the market are blended, and Portland, among others.
Key players in the market are Nova Cimangola, SA, CIF (Angola) Cement Company, Limitada, Fábrica de Cimento do Kwanza-Sul, SA (FCKS), Cimenfort, and Secil — Companhia Geral de Cal e Cimento, S.A. (“Secil”), among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
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30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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