In 2023, China's import of cement clinkers was at a position below the 2024 forecast of $662.6 million. The projected growth from 2024 to 2028 shows a steady upward trend with year-on-year increases: 6.19% in 2025, 5.71% in 2026, 5.29% in 2027, and 4.93% in 2028. The compound annual growth rate (CAGR) for 2024-2028 stands at 5.24%. This illustrates a robust forecasted demand trajectory for cement clinkers in China over the five-year period.
Future trends to watch for include:
- Urbanization and infrastructure projects in China, which can increase demand.
- Potential shifts in domestic production affecting import needs.
- Global supply chain changes impacting clinker availability and cost.
