
U.S. - Cement - Market Analysis, Forecast, Size, Trends And Insights
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U.S White Portland Cement Price Drops 30% - March 2022
U.S. Portland Cement Import Prices
The average import price for portland cement, white, whether or not artificially coloured stood at $109 per tonne in Mar 2022, waning by -29.3% against the previous month. In general, import price indicated a perceptible expansion from Jan 2021 to Mar 2022: its price increased at an average monthly rate of +2.8% over the last fourteen months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on Mar 2022 figures, import price for portland cement, white, whether or not artificially coloured decreased by -29.3% against Feb 2022 indices. The pace of growth was the most pronounced in Feb 2022 when the average import price increased by 28% m-o-m. As a result, import price reached the peak level of $154 per tonne. From Mar 2022 to Mar 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($176 per tonne), while the price for Turkey ($91 per tonne) was amongst the lowest.
From Jan 2021 to Mar 2022, the most notable rate of growth in terms of prices was attained by Mexico (+20.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports into the U.S.
In Mar 2022, purchases abroad of portland cement, white, whether or not artificially coloured was finally on the rise to reach 164K tonnes for the first time since Nov 2021, thus ending a three-month declining trend. Overall, imports posted a significant expansion. Over the period under review, imports hit record highs at 310K tonnes in Jun 2021; however, from Jul 2021 to Mar 2022, imports failed to regain momentum.
In value terms, imports of portland cement, white, whether or not artificially coloured surged to $18M (IndexBox estimates) in Mar 2022. Over the period under review, imports recorded significant growth. Imports peaked at $26M in Jun 2021; however, from Jul 2021 to Mar 2022, imports failed to regain momentum.
Imports by Country
In Mar 2022, Turkey (107K tonnes) constituted the largest portland cement, white, whether or not artificially coloured supplier to the United States, accounting for a 66% share of total imports. Moreover, imports of portland cement, white, whether or not artificially coloured from Turkey exceeded the figures recorded by the second-largest supplier, Canada (33K tonnes), threefold. Mexico (20K tonnes) ranked third in terms of total imports with a 12% share.
From Jan 2021 to Mar 2022, the average monthly rate of growth in terms of volume from Turkey stood at +210.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (+17.4% per month) and Mexico (+39.1% per month).
In value terms, Turkey ($9.8M) constituted the largest supplier of portland cement, white, whether or not artificially coloured to the United States, comprising 55% of total imports. The second position in the ranking was occupied by Canada ($4.1M), with a 23% share of total imports. It was followed by Mexico, with a 20% share.
From Jan 2021 to Mar 2022, the average monthly growth rate of value from Turkey totaled +234.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (+12.6% per month) and Mexico (+66.5% per month).
Source: IndexBox Platform
This report provides an in-depth analysis of the cement market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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