Based on the provided data for cement shipments in the US, the value in 2023 (actual) was 104.13 million metric tons. The forecasted values are 104.83 million metric tons for 2024, 105.63 for 2025, 106.42 for 2026, 107.19 for 2027, and 107.94 for 2028.
The year-on-year percentage variations are as follows:
- From 2023 to 2024: +0.67%
- From 2024 to 2025: +0.76%
- From 2025 to 2026: +0.75%
- From 2026 to 2027: +0.72%
- From 2027 to 2028: +0.70%
The Compound Annual Growth Rate (CAGR) over the last 5 years is approximately 0.72% per year.
Future trends to watch for include potential shifts in demand driven by infrastructure projects and construction activities. Additionally, advancements in sustainable building materials and environmental regulations may impact cement production and shipment volumes.
