Key Market Indicators
Cabo Verdean cement imports are expected to drop slightly over the next five years. In 2021, the figure stands at around $20 million. By 2026, it is projected to reach $20 million, a decrease of 0.6% per year on average. Since 2002, Cabo Verdean demand for cement has declined by 1.4% per year on average. The Philippines, Sri Lanka and China are the second, third and fourth largest importers of cement in the country, respectively.