The import of cement to Mexico has shown fluctuations over the years while settling into a more stable pattern recently. In 2023, the value stood at 19.684 million US dollars. The year-on-year variations have showcased significant deviations, with notable declines in early years like -41.64% in 2016 and periods of recovery, such as a 40.23% increase in 2017. The last five years have shown a nearly stagnant trend, with minor annual variations and an average decline per year of -1.39% up to 2023. Forecasts from 2024 onward suggest a gradual increase with a calculated 5-year CAGR of 0.39% and a 5-year overall growth rate of 1.94%.
Future trends to watch include the potential impacts of economic policies, shifts in domestic production capabilities, and international trade dynamics. Key areas of focus might be technological advancements in cement production, environmental regulations potentially affecting import volumes, and trade agreements that could influence cost and supply chains.
