Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Croatia - 2023
Contents:
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Croatia (FOB) - 2023
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Croatia (CIF) - 2023
- Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Croatia
- Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Croatia
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Croatia (FOB) - 2023
In October 2023, the average export price for portland cement, other than white, whether or not artificially coloured amounted to $126 per ton, increasing by 6.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.1%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 15% m-o-m. The export price peaked in October 2023.
Average prices varied noticeably for the major export markets. In October 2023, the country with the highest price was Bosnia and Herzegovina ($127 per ton), while the average price for exports to Serbia ($125 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Croatia (CIF) - 2023
In October 2023, the average import price for portland cement, other than white, whether or not artificially coloured amounted to $115 per ton, growing by 6.8% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +4.4%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 36% month-to-month. The import price peaked in October 2023.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Serbia ($143 per ton), while the price for Bosnia and Herzegovina totaled $112 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Hungary (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Croatia
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 -13.7% to 1.5M tons. Over the period under review, exports, however, saw a slight expansion. The pace of growth was the most pronounced in 2020 when exports increased by 9.4%.
In value terms, exports of portland cement, other than white, whether or not artificially coloured rose sharply to $134M in 2022. The total export value increased at an average annual rate of +10.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 15%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 33.1 | 33.5 | 37.7 | 37.8 | 4.5% |
| Serbia | 19.9 | 25.2 | 24.5 | 29.2 | 13.6% |
| Italy | 13.9 | 23.0 | 32.2 | 27.6 | 25.7% |
| Hungary | 6.5 | 7.6 | 9.2 | 17.6 | 39.4% |
| Montenegro | 14.6 | 13.9 | 11.3 | 13.9 | -1.6% |
| Slovenia | 7.7 | 6.9 | 8.8 | 7.4 | -1.3% |
| Others | 2.6 | 3.1 | 3.6 | 0.4 | -46.4% |
| Total | 98.3 | 113 | 127 | 134 | 10.9% |
Top Export Markets for Portland Cement, Other than White, Whether or Not Artificially Coloured from Croatia in 2022:
- Bosnia and Herzegovina (390.9K tons)
- Italy (373.8K tons)
- Serbia (309.5K tons)
- Hungary (159.7K tons)
- Montenegro (158.7K tons)
- Slovenia (93.1K tons)
Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Croatia
In 2022, imports of portland cement, other than white, whether or not artificially coloured into Croatia dropped to 385K tons, declining by -6.8% compared with 2021. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. As a result, imports reached the peak of 413K tons, and then declined in the following year.
In value terms, imports of portland cement, other than white, whether or not artificially coloured rose modestly to $26M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 6.9 | 5.0 | 9.2 | 8.1 | 5.5% |
| Bosnia and Herzegovina | 3.2 | 3.7 | 4.4 | 6.4 | 26.0% |
| Slovenia | 3.3 | 3.8 | 5.0 | 6.3 | 24.1% |
| Italy | 3.3 | 2.1 | 2.1 | 3.1 | -2.1% |
| Austria | 0.8 | 0.7 | 0.9 | 1.1 | 11.2% |
| Serbia | 1.1 | 1.1 | 1.2 | 1.0 | -3.1% |
| Turkey | N/A | 0.8 | 3.0 | N/A | 275.0% |
| Others | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| Total | 18.9 | 17.4 | 26.0 | 26.4 | 11.8% |
Top Suppliers of Portland Cement, Other than White, Whether or Not Artificially Coloured to Croatia in 2022:
- Hungary (168.5K tons)
- Slovenia (79.3K tons)
- Bosnia and Herzegovina (77.2K tons)
- Italy (31.7K tons)
- Austria (16.5K tons)
- Serbia (9.9K tons)
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