Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Canada - 2023
Contents:
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Canada (FOB) - 2023
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Canada (CIF) - 2022
- Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Canada
- Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Canada
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Canada (FOB) - 2023
In December 2023, the average export price for portland cement, other than white, whether or not artificially coloured amounted to $107 per ton, shrinking by -6.7% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 20% month-to-month. Over the period under review, the average export prices attained the maximum at $118 per ton in August 2023; however, from September 2023 to December 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +0.4% per month.
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Canada (CIF) - 2022
The average import price for portland cement, other than white, whether or not artificially coloured stood at $93 per ton in 2022, jumping by 16% against the previous year. Overall, the import price, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 217% against the previous year. The import price peaked at $491 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($116 per ton), while the price for Turkey ($74 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.7%), while the prices for the other major suppliers experienced a decline.
Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Canada
In 2022, after three years of growth, there was significant decline in shipments abroad of portland cement, other than white, whether or not artificially coloured, when their volume decreased by -11.3% to 3.8M tons. Over the period under review, exports recorded a slight downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 4.6% against the previous year. As a result, the exports attained the peak of 4.2M tons, and then declined in the following year.
In value terms, exports of portland cement, other than white, whether or not artificially coloured declined to $396M in 2022. Overall, exports recorded a mild decrease. The pace of growth was the most pronounced in 2021 when exports increased by 7.7%. As a result, the exports attained the peak of $429M, and then shrank in the following year.
| Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 409 | 398 | 429 | 396 | -1.1% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 409 | 398 | 429 | 396 | -1.1% |
Top Export Markets for Portland Cement, Other than White, Whether or Not Artificially Coloured from Canada in 2022:
- United States (3.8M tons)
Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Canada
For the fourth consecutive year, Canada recorded growth in purchases abroad of portland cement, other than white, whether or not artificially coloured, which increased by 0.9% to 1.2M tons in 2022. In general, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 42%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of portland cement, other than white, whether or not artificially coloured soared to $108M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.9% 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 +66.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 54.1 | 42.6 | 49.6 | 43.3 | -7.2% |
| Turkey | 1.3 | 3.6 | 17.0 | 29.8 | 184.1% |
| Taiwan (Chinese) | N/A | 4.6 | 4.2 | 9.2 | 41.4% |
| Ireland | N/A | N/A | N/A | 6.9 | 0% |
| Algeria | N/A | N/A | N/A | 6.7 | 0% |
| South Korea | 1.7 | 4.1 | 3.2 | 6.4 | 55.6% |
| Spain | N/A | N/A | N/A | 3.3 | 0% |
| China | 8.8 | 1.4 | 2.1 | 0.1 | -77.5% |
| Greece | N/A | 8.4 | 13.9 | N/A | 65.5% |
| Others | 0.2 | 0.1 | 2.1 | 2.7 | 138.1% |
| Total | 66.1 | 65.0 | 92.2 | 108 | 17.8% |
Top Suppliers of Portland Cement, Other than White, Whether or Not Artificially Coloured to Canada in 2022:
- Turkey (402.3K tons)
- United States (372.8K tons)
- Taiwan (Chinese) (90.6K tons)
- Algeria (80.9K tons)
- Ireland (77.7K tons)
- South Korea (70.4K tons)
- Spain (42.9K tons)
- China (0.9K tons)
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