Price for Cement of Hydraulic Kinds in Australia - 2023

Contents:

  1. Price for Cement of Hydraulic Kinds in Australia (CIF) - 2022
  2. Price for Cement of Hydraulic Kinds in Australia (FOB) - 2023
  3. Imports of Cement of Hydraulic Kinds in Australia
  4. Exports of Cement of Hydraulic Kinds in Australia

Price for Cement of Hydraulic Kinds in Australia (CIF) - 2022

In 2022, the average cement of hydraulic kinds import price amounted to $497 per ton, growing by 15% against the previous year. In general, the import price posted a slight increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 44%. The import price peaked at $731 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 the United States ($975 per ton), while the price for Thailand ($178 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cement of Hydraulic Kinds in Australia (FOB) - 2023

In September 2023, the average cement of hydraulic kinds export price amounted to $553 per ton, jumping by 193% against the previous month. In general, the export price posted a resilient expansion. The most prominent rate of growth was recorded in June 2023 an increase of 407% m-o-m. As a result, the export price reached the peak level of $1,194 per ton. From July 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Papua New Guinea.

From September 2022 to September 2023, the rate of growth in terms of prices for Papua New Guinea amounted to +6.7% per month.

Imports of Cement of Hydraulic Kinds in Australia

In 2022, the amount of cement of hydraulic kindses imported into Australia reached 8K tons, almost unchanged from 2021 figures. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 73%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, cement of hydraulic kinds imports skyrocketed to $4M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +26.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +102.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 42% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Cement of Hydraulic Kinds in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7171,4512,4772,31547.8%
United States674324277631-2.2%
Mexico347832178325-2.2%
GreeceN/AN/A2392390.0%
France16978.5131168-0.2%
Thailand4.9N/AN/A152214.2%
Others60.512017216940.8%
Total1,9722,8053,4744,00026.6%

Top Suppliers of Cement of Hydraulic Kinds to Australia in 2022:

  1. China (4.4K tons)
  2. Greece (1.2K tons)
  3. Thailand (0.9K tons)
  4. United States (0.6K tons)
  5. Mexico (0.4K tons)
  6. France (0.3K tons)

Exports of Cement of Hydraulic Kinds in Australia

In 2022, shipments abroad of cement of hydraulic kindses increased by 188% to 6.2K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cement of hydraulic kinds exports soared to $1.9M in 2022. Over the period under review, exports saw a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cement of Hydraulic Kinds in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Papua New Guinea6422833261,62236.2%
New Zealand86.80.1N/A72.3-5.9%
PhilippinesN/A53.0N/A2.0-80.6%
Others53710866.3159-33.3%
Total1,2664443921,85513.6%

Top Export Markets for Cement of Hydraulic Kinds from Australia in 2022:

  1. Philippines (undefinedK tons)
  2. Papua New Guinea (5.9K tons)
  3. New Zealand (0.1K tons)

Source: IndexBox Market Intelligence Platform

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