In 2023, China's exports of stone, cement, ceramic products, and glassware stood slightly lower, with the forecast indicating a progressive increase from 2024 onward. Year-on-year, the forecasted export values grow from $15.66 billion in 2024 to $17.83 billion in 2028. This translates to an annual compound average growth rate (CAGR) of about 3.2% over the five-year period.
Trends to watch:
- Technological advancements in production processes could enhance quality and competitiveness.
- Global economic conditions may impact demand, particularly in developing markets.
- Environmental policies might influence production methods, affecting export dynamics.