The production value of Portland cement in France exhibited fluctuations from 2013 to 2023. It decreased steadily from 2013 to 2015, followed by a gradual recovery from 2016 onwards. By 2023, the value stood at 1.7348 billion euros, representing a positive trend over the last decade.
Year-on-year growth rates from 2022 and 2023 were 1.49% and 1.46% respectively. Over the last five years, the compound annual growth rate (CAGR) was 0.89%, indicating a modest but consistent increase.
Future trends to watch for include:
- Continued steady growth as projected, with a 5-year forecasted CAGR of 1.07% by 2028 and a cumulative growth of 5.47%.
- Potential impacts from environmental regulations and sustainability initiatives which could influence production practices and market dynamics.
