The market is expected to grow at a CAGR of 6.0 percent during 2023E-2028F Middle East & Africa’s market size to be the fastest growing at a CAGR of 8.9 percent Fly ash is expected to account for 41.2 percent of the total usage for the production of green cement in 2028F

  Global demand for white cement is forecast to grow at a CAGR of nearly 4 percent in the 2023-2028 forecast period Per capita consumption of white cement to continue growing by 2028 Eastern Europe and CIS emerge as the largest white cement exporting region in 2023

  Global green building market size is expected to grow at a CAGR of almost 8 percent in the forecast period of 2018-2028F China´s green building market size is projected to overtake the US by 2028F The Middle East is on track to be the fastest-growing region in the global green building market until 2028

FOB prices for bulk ordinary Portland cement increase in the Mediterranean Basin and the Persian Gulf-Arabian Sea, while CFR prices decline in East Africa Cement consumption decreases in Morocco in the first two months of 2023 Exports maintain upward trend in Saudi Arabia

Cement demand in Kenya is forecast to increase at an annual average rate of almost 6 percent Clinker imports are expected to decline with an increase in local capacity Kenyan cement exports are expected to grow as a result of increased capacity

Cement ex-works prices are forecast to range from a decrease of more than 3 percent in Costa Rica to an increase of around 8 percent in Nigeria Sub-Saharan Africa's ex-works prices expected to rise on a quarterly basis Costa Rica to see the largest decline in ex-works cement prices

The global CW price index for gray cement exports is forecast to increase almost 1 percent quarter-on-quarter in 1Q2023 The Middle East region expected to see a decline in prices North America and the Caribbean to lead the CW price index for gray cement exports