The forecast for South Korea's cement exports shows a declining trend from $135.38 million in 2024 to $112.17 million in 2028. Given the cement export value of $141.8 million in 2023, the year-on-year variation indicates a decrease of 4.5% from 2023 to 2024. Over the last two years, the trend continues with a reduction of 4.4% from 2024 to 2025 and 4.5% from 2025 to 2026. The average annual decline over the next five years (CAGR) is around 4.7%.
Future trends to watch include shifts in global construction demand, changes in international trade policies, and South Korea's domestic production capacity, which may impact export levels. Additionally, environmental regulations and sustainability efforts could influence the competitive dynamics in the global cement market.
