Forecast: Cement Shipments in the US

In 2023, the U.S. cement shipments stood at approximately 13.7 billion USD. The forecast for 2024 begins at 13.995 billion USD, showing modest growth. Year-on-year, shipments are expected to grow by around 2.3% to 2.5%, reaching 15.242 billion USD by 2028. Over the 5-year period from 2024 to 2028, the compound annual growth rate (CAGR) averages at roughly 2.1%, indicating a steady but controlled uptick in cement demand.

Future trends to watch for:

  • Increasing infrastructure investments may drive further growth.
  • Environmental regulations could impact production costs and supply chain dynamics.
  • Technological advancements in construction materials might alter market demands.

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