Price for Cement of Hydraulic Kinds in the Philippines - 2023
Contents:
- Price for Cement of Hydraulic Kinds in the Philippines (CIF) - 2022
- Price for Cement of Hydraulic Kinds in the Philippines (FOB) - 2022
- Imports of Cement of Hydraulic Kinds in the Philippines
- Exports of Cement of Hydraulic Kinds in the Philippines
Price for Cement of Hydraulic Kinds in the Philippines (CIF) - 2022
In 2022, the average cement of hydraulic kinds import price amounted to $52 per ton, growing by 4.8% against the previous year. Over the period under review, the import price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 13% against the previous year. The import price peaked at $283 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($52 per ton), while the price for Pakistan stood at $48 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+11.3%).
Price for Cement of Hydraulic Kinds in the Philippines (FOB) - 2022
In 2022, the average cement of hydraulic kinds export price amounted to $1,439 per ton, approximately equating the previous year. Over the period under review, the export price saw resilient growth. The most prominent rate of growth was recorded in 2019 when the average export price decreased by -8.7%. Over the period under review, the average export prices reached the peak figure at $2,269 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Papua New Guinea amounted to +101.3% per year.
Imports of Cement of Hydraulic Kinds in the Philippines
In 2022, imports of cement of hydraulic kindses into the Philippines soared to 2M tons, picking up by 52% against 2021. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cement of hydraulic kinds imports soared to $106M in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cement of Hydraulic Kinds in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 45.5 | 46.1 | 65.4 | 104 | 31.7% |
Others | 0.7 | 0.4 | 0.9 | 1.9 | 39.5% |
Total | 46.2 | 46.5 | 66.3 | 106 | 31.9% |
Top Suppliers of Cement of Hydraulic Kinds to the Philippines in 2022:
- Vietnam (2.0M tons)
Exports of Cement of Hydraulic Kinds in the Philippines
In 2022, after two years of decline, there was decline in shipments abroad of cement of hydraulic kindses, when their volume decreased by 0% to 38 tons. Overall, exports saw a strong expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, cement of hydraulic kinds exports totaled $54K in 2022. Over the period under review, exports showed a pronounced slump. The smallest decline of 99.9% was in 2020.
Export of Cement of Hydraulic Kinds in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 58.9 | N/A | N/A | 54.4 | -2.6% |
Others | 0.6 | N/A | N/A | N/A | 0% |
Total | 59.5 | N/A | N/A | 54.4 | -2.9% |
Top Export Markets for Cement of Hydraulic Kinds from the Philippines in 2022:
- Japan (37.8 tons)
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