Key Market Indicators
The Philippines, Sri Lanka and China respectively were numbers 2, 3 and 4 in this ranking. Demand for cement in Saint Lucia is set to increase by 1.2% year on year CAGR, reaching $10.7 million by 2026. This growth is largely attributed to the 5.4% year on year increase in demand since 1997. In 2021, the country ranked 106th in the world for cement import, falling behind Costa Rica at $9.8 million. The Philippines, Sri Lanka, and China placed 2nd, 3rd and 4th, respectively. Meanwhile, Saint Lucia exported $5.9 million of cement in 2017, 39% more than the $4.2 million in 2016. The Philippines, Sri Lanka, and China held the same positions in the export ranking.
