The cement export volume in China saw various trends from 2013 to 2023, beginning with a strong start at 1.45 Ten Million Metric Tons and peaking in 2016 at 1.79 Ten Million Metric Tons. However, since 2017 there has been a substantial decline, hitting 0.39992 Ten Million Metric Tons in 2023. The year-on-year variations were volatile, with significant drops particularly after 2016. The last two years saw a decline of 8.13% in 2023 after a temporary uptick in 2022. The 5-year CAGR preceding 2023 stands at -15.05%, indicating a consistent downturn.
Forecasted figures from 2024 onward suggest a continued steep decline, with the forecasted 5-year CAGR at nearly -38.86% and a projected drop of over 91% in total export volume by 2028 compared to 2023. This highlights a significant ongoing contraction in the sector.
Future Trends to Watch For:
- Regulatory changes affecting cement production and export in China
- Global demand shifts, particularly in emerging markets
- Technological advancements and innovations in the cement industry
- Environmental policies influencing production practices
