Key Market Indicators
Nigeria's cement exports are projected to reach $105.3 million by 2026, up from $79.3 million in 2021. This comes at an average year-on-year growth rate of 4.5%. Since 2007, the country's supplies have increased 19.8% annually on average. Meanwhile, Nigeria's imports of cement totalled $6.9 million in 2018, up 110% from $3.3 million in 2017. This is a decline of 31.8% compared to the previous year.