Analyzing the import data for Portland Cement, White or White Artificially Colored into Mexico, we observed a mixture of fluctuations between 2013 and 2023. The volume stood at 2.2162 million kilograms in 2023, marking a minimal year-on-year increase of 0.7%. Despite some years showing marked volatility, there have been substantial jumps in 2015 and 2018, with increments of 45.38% and 42.56%, respectively. However, the average annual change (CAGR) over the last five years up to 2023 denotes a slight decline of -1.07%.
Forecasts from 2024 to 2028 suggest a moderate increase, with the volume expected to reach 2.2905 million kilograms by 2028, demonstrating an anticipated 5-year CAGR of 0.58% and a forecasted 5-year growth rate of 2.93%. Future trends to watch for include potential influences of infrastructure projects, economic policies, and shifts in the construction industry, which could either bolster or impede import volumes.
Bullet points:
- 2013-2023: Fluctuating import volumes with significant peaks in 2015 and 2018.
- 2023: Volume at 2.2162 million kilograms with a marginal year-on-year growth of 0.7%.
- Last 5 years CAGR (up to 2023): -1.07%, indicating a minor annual decline.
- Forecast (2024-2028): Expected moderate growth with a 5-year CAGR of 0.58% and a 5-year growth rate of 2.93%.
Future trends to monitor include infrastructure projects, economic policies, and changes in the construction sector’s demands.
