U.S. - Prepared Additives For Cements, Mortars Or Concretes - Market Analysis, Forecast, Size, Trends And Insights
U.S. Prepared Additives for Cements Export Increases Sharply to $13M in March 2023
U.S. Prepared Additives For Cements Exports
In March 2023, overseas shipments of prepared additives for cements, mortars or concretes increased by 19% to 5K tons, rising for the second month in a row after two months of decline. Overall, exports, however, recorded a relatively flat trend pattern.
In value terms, prepared additives for cements exports skyrocketed to $13M (IndexBox estimates) in March 2023. In general, exports, however, recorded a relatively flat trend pattern.
|COUNTRY||Export Value of Prepared Additives For Cements in U.S. (thousand USD)|
|Mar 2022||Apr 2022||May 2022||Jun 2022||Jul 2022||Aug 2022||Sep 2022||Oct 2022||Nov 2022||Dec 2022||Jan 2023||Feb 2023||Mar 2023|
|United Arab Emirates||1,381||225||660||1,352||696||617||213||410||1,956||689||901||770||1,315|
Exports by Country
Canada (2.2K tons) was the main destination for prepared additives for cements exports from the United States, accounting for a 44% share of total exports. Moreover, prepared additives for cements exports to Canada exceeded the volume sent to the second major destination, Mexico (484 tons), fivefold. The third position in this ranking was held by the Dominican Republic (400 tons), with an 8.1% share.
From March 2022 to March 2023, the average monthly rate of growth in terms of volume to Canada totaled +1.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Mexico (+2.2% per month) and the Dominican Republic (+1.7% per month).
In value terms, Canada ($3.3M), Mexico ($2.1M) and the United Arab Emirates ($1.3M) constituted the largest markets for prepared additives for cements exported from the United States worldwide, together comprising 51% of total exports. These countries were followed by Saudi Arabia, Greece, the Dominican Republic, Argentina, Italy and China, which together accounted for a further 23%.
In terms of the main countries of destination, Saudi Arabia, with a CAGR of +30.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In March 2023, the prepared additives for cements price stood at $2,649 per ton (FOB, US), picking up by 12% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2022 when the average export price increased by 19% against the previous month. As a result, the export price reached the peak level of $2,822 per ton. From August 2022 to March 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($9,226 per ton), while the average price for exports to the Dominican Republic ($1,037 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the market for prepared additives for cements 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.
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The Largest Import Supplying Countries
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The Largest Producers on The Market and Their Profiles
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