In 2024, the forecasted import of cement to China begins at $726.44 million, with an expected increase to $895.12 million by 2028. This data reflects annual year-on-year growth rates of 5.98% for 2025, 5.52% for 2026, 5.14% for 2027, and 4.78% for 2028, resulting in a compound annual growth rate (CAGR) of 5.34% over the five-year period. The consistent increase suggests a positive trend in imports, likely driven by ongoing infrastructure projects and demand in the construction sector.
Future trends to watch for include:
- Infrastructure investments and policy shifts impacting cement demand.
- Global supply chain dynamics, including changes in shipping and logistics.
- Environmental regulations influencing cement production and import decisions.