Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Portugal - 2023
Contents:
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Portugal (FOB) - 2022
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Portugal (CIF) - 2023
- Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Portugal
- Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Portugal
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Portugal (FOB) - 2022
The average export price for portland cement, other than white, whether or not artificially coloured stood at $63 per ton in 2022, surging by 6.7% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 9.3% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the UK ($69 per ton) and Spain ($66 per ton), while the average price for exports to the Netherlands ($50 per ton) and Cabo Verde ($52 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 Togo (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Portugal (CIF) - 2023
In October 2023, the average import price for portland cement, other than white, whether or not artificially coloured amounted to $116 per ton, therefore, remained relatively stable against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The pace of growth appeared the most rapid in January 2023 an increase of 24% m-o-m. The import price peaked at $124 per ton in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From October 2022 to October 2023, the rate of growth in terms of prices for Spain amounted to +2.0% per month.
Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Portugal
In 2022, exports of portland cement, other than white, whether or not artificially coloured from Portugal soared to 1.4M tons, jumping by 34% compared with the previous year. The total export volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained 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 $86M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.8% 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 +64.7% against 2020 indices. As a result, the exports reached 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 Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 13.3 | 16.5 | 20.2 | 43.3 | 48.2% |
| Spain | 8.6 | 7.9 | 12.1 | 16.2 | 23.5% |
| Cabo Verde | 13.9 | 14.9 | 16.0 | 14.3 | 1.0% |
| Netherlands | 7.9 | 7.9 | 9.4 | 9.3 | 5.6% |
| Guinea-Bissau | 4.1 | 1.7 | 1.3 | 1.3 | -31.8% |
| Others | 5.1 | 3.6 | 1.3 | 2.1 | -25.6% |
| Total | 52.9 | 52.5 | 60.2 | 86.5 | 17.8% |
Top Export Markets for Portland Cement, Other than White, Whether or Not Artificially Coloured from Portugal in 2022:
- United Kingdom (627.4K tons)
- Cabo Verde (274.1K tons)
- Spain (246.0K tons)
- Netherlands (185.0K tons)
- Guinea-Bissau (17.3K tons)
Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Portugal
After three years of growth, purchases abroad of portland cement, other than white, whether or not artificially coloured decreased by -17.5% to 563K tons in 2022. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 17%.
In value terms, imports of portland cement, other than white, whether or not artificially coloured fell to $48M in 2022. The total import value increased at an average annual rate of +9.9% 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 when imports increased by 26%. As a result, imports reached the peak of $55M, and then contracted in the following year.
| Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 36.1 | 43.5 | 54.6 | 48.0 | 10.0% |
| Others | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| Total | 36.4 | 43.6 | 54.9 | 48.3 | 9.9% |
Top Suppliers of Portland Cement, Other than White, Whether or Not Artificially Coloured to Portugal in 2022:
- Spain (559.1K tons)
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