Key Market Indicators
Korean imports of cement are projected to drop by 6.2% year-on-year to reach $27 million by 2026. This follows a 11% year-on-year decrease since 1993. In 2021, the country was ranked 59th, with Guyana taking the lead at $39 million. The Philippines, Sri Lanka and China followed in 2nd, 3rd and 4th place respectively. Exports of cement from Korea are expected to decrease by an average of 3.5% year-on-year to reach $124 million by 2026. This is after a 1.3% year-on-year decrease since 1993. In 2021, Korea took 18th place, with Croatia in the lead at $153 million. Canada, Germany and the United Arab Emirates were ranked 2nd, 3rd and 4th respectively.