Forecast: Import of Portland Cement, Other Than White Cement to Mexico

The import of Portland Cement (Other Than White Cement) to Mexico has shown significant fluctuations over the past decade. The volume stood at 39.668 Million Kilograms in 2023. Observing a downward trend, imports have generally decreased since 2013, with the most significant drops occurring between 2014 and 2020. Over the last two years, the imports decreased by an average of 2.65% annually. Between 2019 and 2023, the compound annual growth rate (CAGR) averaged -4.92%. The forecasted data indicate an expected continual decline, with a forecasted 5-year CAGR of -5.4%, predicting a 24.25% decrease by 2028.

Future trends to watch for:

  • Potential shifts in domestic production capabilities impacting import levels.
  • Economic policies affecting trade agreements and import tariffs.
  • Demand changes within the construction industry, particularly related to infrastructure projects.

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