Nigeria Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments by Cement Products, Distribution Channel, Market Share, Import Export, End Markets – Q2 2023 Update

Nigeria Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments by Cement Products, Distribution Channel, Market Share, Import Export, End Markets – Q2 2023 Update

According to ConsTrack360's, cement industry in Nigeria are expected to grow by 3.2% on an annual basis to reach US$3,425.4 million in 2023.

The medium to long term growth story in country remains intact. The cement industry in country is expected to grow steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, recording a CAGR of 3.3% during 2023-2027. The cement output in the country is expected to increase from US$3,319.2 million in 2022 to reach US$3,893.8 million by 2027.

This market intelligence report from ConsTrack360 provides a detailed view of market opportunities in the cement industry. With over 50+ KPIs, covering construction markets, distribution channel, end-user, and products in Nigeria, this databook offering primarily provides data-centric analysis with charts and tables.

Cement Market Dynamics: Provides a comprehensive data-centric view of size and structure, industry dynamics, and cement opportunities in the various end-user industry a in the country

Distribution Channel: Provides an in-depth analysis of distribution channel across products at country level in

value terms.

Cement Products: Provides demand analysis of market by 4 key products. Portland Cement, Blended Cement, Specialty Cement, and Green Cement. This segment also includes in depth analysis of further sub-segments of cement product types.

ConsTrack360’s research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.


Provide In-depth Understanding of Cement Market Dynamics: market opportunity, industry dynamics, key trends, restraints and drivers across 30+ market segments.

In detail Segmentation of Cement Product Analysis: Market size and forecast by products, end-user, distribution channel, and construction markets.

Develop Market-Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market-specific key trends, drivers, and risks in the cement industry in Nigeria.

Comparable Data: Get detailed and comparable data for the cement market size.


This report provides a detailed data-centric analysis of the cement industry, covering market opportunity, and industry dynamics by cement products and end-user, construction market and distribution channel.

In addition, it also provides market size and forecast of the cement products sub-segment and its demand analysis in Nigeria. With over 30+ KPIs at the country level, this report provides comprehensive understanding of market dynamics at a more granular level.

Nigeria by Cement Markets, 2018-2027

• Residential Buildings
• Non-Residential Buildings
• Infrastructure & Other Markets

Nigeria by Cement End-User, 2018-2027

• Ready-Mix Concrete Producers
• Consumers
• Concrete Product Manufacturers
• Other End Users

Nigeria by Distribution Channel, 2018-2027

• Direct Channel
• Indirect Channel

Nigeria by Cement Product, 2018-2027

• Portland cement
• Blended Cement
• Type IS (X), Portland-Slag Cement
• Type IP (X), Portland-Pozzolan Cement
• Type IL (X), Portland-Limestone Cement
• Type IT, Ternary Blended Cement
• Specialty Cement
• Rapid Hardening Cement
• High Alumina Cement
• White Cement
• Sulphate Resistant Cement
• Others
• Green Cement