Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in the Philippines - 2023
Contents:
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in the Philippines (CIF) - 2022
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in the Philippines (FOB) - 2022
- Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in the Philippines
- Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in the Philippines
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in the Philippines (CIF) - 2022
In 2022, the average import price for portland cement, other than white, whether or not artificially coloured amounted to $62 per ton, with an increase of 7.7% against the previous year. Overall, the import price, however, continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 23%. As a result, import price attained the peak level of $96 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($71 per ton) and Vietnam ($62 per ton), while the price for China ($60 per ton) and Indonesia ($60 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced a decline.
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in the Philippines (FOB) - 2022
In 2022, the average export price for portland cement, other than white, whether or not artificially coloured amounted to $307 per ton, jumping by 78% against the previous year. Overall, the export price recorded a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($1,434 per ton), while the average price for exports to the United States ($119 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+34.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in the Philippines
In 2022, the amount of portland cement, other than white, whether or not artificially coloured imported into the Philippines contracted remarkably to 4.9M tons, which is down by -15.9% on the year before. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, imports reached the peak of 5.8M tons, and then shrank dramatically in the following year.
In value terms, imports of portland cement, other than white, whether or not artificially coloured shrank to $304M in 2022. Overall, imports saw a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year.
| Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 224 | 247 | 299 | 283 | 8.1% |
| Indonesia | N/A | 11.7 | 17.7 | 11.9 | 0.9% |
| Japan | 10.3 | 7.4 | 14.0 | 8.2 | -7.3% |
| China | 58.8 | 14.1 | 4.7 | 1.0 | -74.3% |
| Taiwan (Chinese) | 47.2 | 8.4 | N/A | N/A | -82.2% |
| Others | 11.8 | 7.2 | 0.2 | N/A | -87.0% |
| Total | 352 | 296 | 336 | 304 | -4.8% |
Top Suppliers of Portland Cement, Other than White, Whether or Not Artificially Coloured to the Philippines in 2022:
- Vietnam (4562.5K tons)
- Indonesia (195.9K tons)
- Japan (115.1K tons)
- China (16.8K tons)
Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in the Philippines
In 2022, the amount of portland cement, other than white, whether or not artificially coloured exported from the Philippines reduced dramatically to 3.7K tons, which is down by -57.4% against 2021. Overall, exports faced a significant decline. The smallest decline of -9.3% was in 2021.
In value terms, exports of portland cement, other than white, whether or not artificially coloured contracted rapidly to $1.1M in 2022. In general, exports continue to indicate a abrupt contraction. The smallest decline of -6% was in 2021.
| Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palau | N/A | N/A | 784 | 812 | 3.6% |
| Israel | N/A | N/A | N/A | 164 | 0% |
| Micronesia | 1,784 | 1,602 | 495 | 42.5 | -71.2% |
| Vietnam | N/A | N/A | 5.5 | 25.5 | 363.6% |
| United States | N/A | 2.0 | 110 | 15.4 | 177.5% |
| Others | 0.1 | N/A | 114 | 85.5 | 849.1% |
| Total | 1,784 | 1,604 | 1,508 | 1,144 | -13.8% |
Top Export Markets for Portland Cement, Other than White, Whether or Not Artificially Coloured from the Philippines in 2022:
- Palau (3221.5 tons)
- Micronesia (162.0 tons)
- United States (129.6 tons)
- Israel (114.0 tons)
- Vietnam (69.2 tons)
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