Key Market Indicators
Export of cement from Azerbaijan is set to reach $23.5 million by 2026, up 4.7% year on year. Since 2003, Azerbaijani supply has grown 16.4% annually. In 2021, Azerbaijan ranked 62nd, while Serbia placed higher at $17.5 million. Canada, Germany and the United Arab Emirates held the second, third and fourth spots in the rankings. Meanwhile, Azerbaijani cement imports declined 11% from 2018 to 2019, from $9.8 million to $8.7 million. Since 2001, demand for cement in Azerbaijan has decreased 39.4% year on year. In 2019, Suriname overtook Azerbaijan, coming in at 108th place with $8.7 million. The Philippines, Sri Lanka and China occupied the second, third and fourth spots in this ranking.
Azerbaijan Cement Market Data and Forecasts
How much will Azerbaijan Cement Market grow to 2026?
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