Forecast: Import of Portland Cement, White or White Artificially Coloured to India

The import of white Portland cement to India is projected to rise notably from 2024 to 2028. Starting at 8.115 million USD in 2024, the import value is expected to reach 9.7988 million USD by 2028. Comparing forecasted data for 2024 with the import value in 2023, there is a clear uptrend, although the actual 2023 value would further clarify this trend. Year-on-year changes indicate steady growth, reflecting approximately a 4-5% rise each year. Over a five-year period, the Compound Annual Growth Rate (CAGR) suggests consistent market expansion, significant in intensifying import reliance.

Future trends to watch for:

  • The impact of domestic production capacities on import volumes and values.
  • Shifts in construction industry demand driven by economic growth and infrastructure development.
  • Fluctuations in global cement prices and their influence on import strategies.
  • Emergence of sustainable and alternative construction materials impacting cement demand.

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