With demand far from its 1993 peak of 28Mt and export restrictions in place since 2011, the Taiwan cement industry has faced testing times in its recent history. As import protection ends in May 2016, ICR speaks with Christopher Pei, secretary general of Taiwan Cement Manufacturers’ Association, about expectations for this challenging new era.
In mid-2016, Taiwan’s cement industry is expected to enter a critical new phase as current import tariff protection enjoyed by the republic’s cement manufacturers comes to an end. What happens afterwards remains to be seen as, without such protection, Taiwan’s domestic cement market will be open to low-priced Chinese imports and faces the same threat of import competition for local market share as other Asian countries.