In 2023, the import of hydraulic cements (except Portland or aluminous) to China was approximately 6.7 million US Dollars. Forecast data from 2024 to 2028 indicates a consistent upward trend in imports, with year-on-year growth rates ranging around 4% per annum. Over the five-year period from 2024 to 2028, there's a compounded annual growth rate of about 3.8%, suggesting steady demand.
Future trends to watch for:
- Sustainable building practices may influence further increases in import of eco-friendly cements.
- China's economic growth and infrastructure investments will play a crucial role in demand dynamics.
- Global supply chain challenges could impact cost and availability, influencing import patterns.