The import of cement clinkers to South Korea is projected to decline significantly from 2024 to 2028. The value is expected to decrease from 507.8 thousand US dollars in 2024 to 120.93 thousand US dollars in 2028, indicating a substantial downward trend. The year-on-year variation shows a consistent negative growth: in 2025, the value drops by approximately 19.6% from the previous year; in 2026, it decreases by around 24%; in 2027, there is a decline of roughly 30.9%; and in 2028, the value further falls by about 43.7% compared to 2027. The compound annual growth rate (CAGR) over the five-year period is notably negative.
Future trends to watch for include potential changes in domestic production capacities, shifts in construction activity, and fluctuations in international trade policies that might affect the supply and demand dynamics of cement clinkers in South Korea. Additionally, advancements in alternative construction materials and environmental regulations could also impact future import levels.
