The United States, as the leading importer, shows a robust demand for cement, with imports reaching $1.04 billion. Sri Lanka and Oman follow with $0.53619 billion and $0.4152 billion, respectively. Other notable importers include Ghana, France, and the Philippines. Over the past two years, cement imports exhibited a steady growth pattern, driven by construction booms and infrastructure development projects globally. The five-year CAGR indicates a moderate yet stable trend in cement imports.
Future trends to watch include:
- Emerging markets, particularly in Asia and Africa, will continue to increase import volumes due to urbanization and infrastructural needs.
- Environmental regulations could impact trade dynamics, prompting shifts toward sustainable and green cement options.
- Global economic fluctuations could affect import capacities, impacting pricing and demand.
Top countries in Top Importers of Cement
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 United States | 1,040 | 2016 | |
| 2 | 2 Sri Lanka | 536.19 | 2016 | |
| 3 | 3 Oman | 415.2 | 2016 | |
| 4 | 4 Ghana | 414.73 | 2016 | |
| 5 | 5 France | 336.34 | 2016 | |
| 6 | 6 Philippines | 335.86 | 2016 | |
| 7 | 7 Algeria | 305.41 | 2016 | |
| 8 | 8 Netherlands | 251.56 | 2016 | |
| 9 | 9 Singapore | 244.57 | 2016 | |
| 10 | 10 Myanmar | 229.79 | 2016 |
