Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in South Korea - 2022
Contents:
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in South Korea (FOB) - 2022
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in South Korea (CIF) - 2022
- Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in South Korea
- Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in South Korea
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in South Korea (FOB) - 2022
The average export price for portland cement, other than white, whether or not artificially coloured stood at $86 per ton in 2022, surging by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 24%. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($55 per ton), while the average price for exports to Japan amounted to $40 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+32.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in South Korea (CIF) - 2022
The average import price for portland cement, other than white, whether or not artificially coloured stood at $51 per ton in 2022, growing by 15% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The import price peaked at $51 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($307,890 per ton), while the price for the United Arab Emirates ($1,955 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+22.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in South Korea
In 2022, the amount of portland cement, other than white, whether or not artificially coloured exported from South Korea dropped to 994K tons, shrinking by -6.5% on 2021 figures. Over the period under review, exports recorded a abrupt curtailment.
In value terms, exports of portland cement, other than white, whether or not artificially coloured rose remarkably to $86M in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 35.0 | 44.5 | 46.8 | 50.6 | 13.1% |
| Taiwan (Chinese) | 3.9 | 4.7 | 1.9 | 0.4 | -53.2% |
| China | 6.7 | N/A | 0.6 | N/A | -70.1% |
| Others | 31.6 | 23.1 | 26.1 | 34.6 | 3.1% |
| Total | 77.2 | 72.3 | 75.4 | 85.6 | 3.5% |
Top Export Markets for Portland Cement, Other than White, Whether or Not Artificially Coloured from South Korea in 2022:
- United States (914.8K tons)
- Taiwan (Chinese) (9.9K tons)
Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in South Korea
Imports of portland cement, other than white, whether or not artificially coloured into South Korea reduced to 546K tons in 2022, leveling off at the previous year's figure. Over the period under review, imports saw a perceptible setback. The growth pace was the most rapid in 2021 when imports increased by 3.7% against the previous year.
In value terms, imports of portland cement, other than white, whether or not artificially coloured rose rapidly to $28M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 26.3 | 22.6 | 24.5 | 27.1 | 1.0% |
| United Arab Emirates | N/A | N/A | N/A | 0.8 | 0% |
| Others | N/A | 0.4 | N/A | N/A | 0% |
| Total | 26.3 | 23.0 | 24.5 | 27.9 | 2.0% |
Top Suppliers of Portland Cement, Other than White, Whether or Not Artificially Coloured to South Korea in 2022:
- United Arab Emirates (0.4K tons)
- Japan (0.1K tons)
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