Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Latvia - 2023
Contents:
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Latvia (FOB) - 2022
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Latvia (CIF) - 2022
- Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Latvia
- Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Latvia
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Latvia (FOB) - 2022
The average export price for portland cement, other than white, whether or not artificially coloured stood at $78 per ton in 2022, jumping by 19% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked at $78 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Estonia ($87 per ton) and Sweden ($79 per ton), while the average price for exports to Belarus ($59 per ton) and Finland ($70 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+4.5%), 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 Latvia (CIF) - 2022
In 2022, the average import price for portland cement, other than white, whether or not artificially coloured amounted to $96 per ton, surging by 35% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Estonia ($102 per ton), while the price for Russia ($56 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Latvia
In 2022, approx. 956K tons of portland cement, other than white, whether or not artificially coloured were exported from Latvia; surging by 11% on the previous year's figure. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of portland cement, other than white, whether or not artificially coloured surged to $74M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 15.1 | 16.6 | 16.3 | 26.0 | 19.9% |
Estonia | 11.6 | 14.8 | 16.2 | 24.3 | 28.0% |
Finland | 19.0 | 21.0 | 22.2 | 23.7 | 7.6% |
Belarus | 3.7 | 2.2 | 1.9 | 0.2 | -62.2% |
Others | N/A | N/A | N/A | 0.3 | 0% |
Total | 49.5 | 54.6 | 56.6 | 74.5 | 14.6% |
Top Export Markets for Portland Cement, Other than White, Whether or Not Artificially Coloured from Latvia in 2022:
- Finland (337.5K tons)
- Sweden (331.5K tons)
- Estonia (281.4K tons)
- Belarus (2.7K tons)
Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Latvia
After three years of growth, purchases abroad of portland cement, other than white, whether or not artificially coloured decreased by -4.6% to 199K tons in 2022. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of 209K tons, and then dropped slightly in the following year.
In value terms, imports of portland cement, other than white, whether or not artificially coloured soared to $19M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.9% 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 +81.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 1.1 | 0.7 | 2.9 | 15.9 | 143.6% |
Estonia | 6.0 | 1.3 | 2.1 | 1.9 | -31.8% |
Belarus | 3.2 | 4.4 | 4.9 | 1.1 | -29.9% |
Russia | N/A | 0.6 | 0.7 | 0.1 | -59.2% |
Sweden | 0.2 | 4.4 | 4.1 | N/A | 352.8% |
Others | N/A | 0.2 | 0.2 | 0.1 | -29.3% |
Total | 10.5 | 11.6 | 14.8 | 19.1 | 22.1% |
Top Suppliers of Portland Cement, Other than White, Whether or Not Artificially Coloured to Latvia in 2022:
- Lithuania (162.6K tons)
- Estonia (18.9K tons)
- Belarus (16.1K tons)
- Russia (1.2K tons)
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