Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Lithuania - 2023

Contents:

  1. Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Lithuania (FOB) - 2023
  2. Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Lithuania (CIF) - 2022
  3. Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Lithuania
  4. Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Lithuania

Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Lithuania (FOB) - 2023

In October 2023, the average export price for portland cement, other than white, whether or not artificially coloured amounted to $109 per ton, reducing by -6.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 33% month-to-month. The export price peaked at $116 per ton in April 2023; however, from May 2023 to October 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Latvia ($129 per ton), while the average price for exports to Finland ($84.0 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 Finland (+4.6%), 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 Lithuania (CIF) - 2022

In 2022, the average import price for portland cement, other than white, whether or not artificially coloured amounted to $90 per ton, increasing by 41% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for portland cement, other than white, whether or not artificially coloured increased by +70.8% against 2016 indices. 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 Latvia ($115 per ton), while the price for Sweden ($59 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+2.7%), 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 Lithuania

In 2022, the amount of portland cement, other than white, whether or not artificially coloured exported from Lithuania fell to 382K tons, waning by -10.3% on 2021 figures. Overall, exports showed a deep reduction. The smallest decline of -0.4% was in 2021.

In value terms, exports of portland cement, other than white, whether or not artificially coloured rose remarkably to $32M in 2022. The total export value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. 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 Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia1.01.23.916.0152.0%
Poland12.615.916.610.5-5.9%
Finland7.75.75.23.4-23.9%
Sweden3.12.00.41.7-18.1%
Ukraine2.40.81.9N/A-11.0%
Others1.50.10.10.1-59.5%
Total28.425.828.231.73.7%

Top Export Markets for Portland Cement, Other than White, Whether or Not Artificially Coloured from Lithuania in 2022:

  1. Latvia (166.8K tons)
  2. Poland (130.1K tons)
  3. Finland (64.2K tons)
  4. Sweden (20.4K tons)

Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Lithuania

In 2022, approx. 34K tons of portland cement, other than white, whether or not artificially coloured were imported into Lithuania; dropping by -83% against the year before. Over the period under review, imports saw a sharp downturn. The smallest decline of -1.2% was in 2020.

In value terms, imports of portland cement, other than white, whether or not artificially coloured declined remarkably to $3M in 2022. Overall, imports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 2.4% against the previous year. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1.02.64.22.230.1%
LatviaN/A0.10.10.373.2%
Sweden3.76.72.30.2-62.2%
Belarus8.43.13.80.1-77.2%
Estonia0.10.10.30.10.0%
NorwayN/A0.21.4N/A600.0%
UkraineN/A0.50.4N/A-20.0%
OthersN/A0.30.1N/A-66.7%
Total13.313.612.63.0-39.1%

Top Suppliers of Portland Cement, Other than White, Whether or Not Artificially Coloured to Lithuania in 2022:

  1. Poland (24.7K tons)
  2. Sweden (4.0K tons)
  3. Latvia (2.7K tons)
  4. Belarus (1.4K tons)
  5. Estonia (1.1K tons)
  6. Ukraine (0.4K tons)

Source: IndexBox Market Intelligence Platform

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