In 2023, the US imported aluminous cement valued at approximately $52.4 million. The forecasts from 2024 to 2028 indicate a steady year-on-year increase, with values rising from $53.659 million in 2024 to $58.831 million in 2028. This upward trend highlights an annual growth rate, with a compound annual growth rate (CAGR) of about 2.34% over the five-year forecast period.
Future trends to watch for:
- Potential shifts in demand from the construction industry, which significantly drives aluminous cement imports.
- Impact of government infrastructure projects and policy changes on import volumes.
- Influence of global market conditions, such as changes in production in key exporting countries.