The import of prepared additives for cements, mortars, or concretes in Australia has shown varying trends over the past decade. Starting from 12.905 million kilograms in 2013, imports peaked at 27.342 million kilograms in 2023. Recent actual data indicates a growth of 9.9% in 2022 and 4.13% in 2023, suggesting a steady increase in demand. The Compound Annual Growth Rate (CAGR) from 2019 to 2023 is 3.53%, evidencing moderate growth. Forecasts project a continuation of this trend, reaching 32.935 million kilograms by 2028, with a forecasted 5-year CAGR of 2.98% and a growth rate of 15.79%.
Future trends to watch for include:
- Technological advancements in concrete additives
- Increasing infrastructure projects in Australia
- Environmental regulations affecting import dynamics
