Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Vietnam - 2022

Contents:

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

Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Vietnam (FOB) - 2022

In 2022, the average export price for portland cement, other than white, whether or not artificially coloured amounted to $46 per ton, declining by -25.7% against the previous year. Overall, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 9.1%. The export price peaked at $84 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($93 per ton), while the average price for exports to China ($40 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 Lao People's Democratic Republic (+2.7%), while the prices for the other major destinations experienced a decline.

Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Vietnam (CIF) - 2022

In 2022, the average import price for portland cement, other than white, whether or not artificially coloured amounted to $94 per ton, rising by 20% against the previous year. In general, the import price, however, showed a abrupt slump. The import price peaked at $253 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($94 per ton) and Japan ($94 per ton), while the price for Germany ($94 per ton) and China ($94 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.1%), 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 Vietnam

In 2022, overseas shipments of portland cement, other than white, whether or not artificially coloured decreased by -8.5% to 14M tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.4% 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 +53.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 34% against the previous year.

In value terms, exports of portland cement, other than white, whether or not artificially coloured reduced remarkably to $638M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 37% against the previous year. As a result, the exports reached the peak of $939M, and then shrank significantly in the following year.

Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines2212683012929.7%
United States8.453.261.4120142.6%
China81.213312871.8-4.0%
South Africa34.029.835.335.61.5%
Malaysia19.17.412.427.212.5%
Hong Kong SAR21.526.226.522.51.5%
Taiwan (Chinese)N/A1.11.416.2283.8%
Cambodia23.913.86.47.4-32.3%
Peru31.527.427.56.0-42.5%
Others10112733839.7-26.7%
Total5426879396385.6%

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

  1. Philippines (6.1M tons)
  2. United States (2.6M tons)
  3. China (1.8M tons)
  4. South Africa (0.8M tons)
  5. Malaysia (0.6M tons)
  6. Hong Kong SAR (0.5M tons)
  7. Taiwan (Chinese) (0.4M tons)
  8. Cambodia (0.1M tons)
  9. Peru (0.1M tons)

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

In 2022, after three years of growth, there was significant decline in overseas purchases of portland cement, other than white, whether or not artificially coloured, when their volume decreased by -43.7% to 328 tons. In general, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. As a result, imports attained the peak of 583 tons, and then plummeted in the following year.

In value terms, imports of portland cement, other than white, whether or not artificially coloured shrank remarkably to $31K in 2022. Over the period under review, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 76%. As a result, imports attained the peak of $46K, and then declined significantly in the following year.

Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A10.20%
China0.710.12.28.0125.2%
Germany12.07.95.75.4-23.4%
IndonesiaN/AN/AN/A5.20%
United States1.11.42.31.35.7%
Taiwan (Chinese)4.2N/A17.80.8-42.5%
ThailandN/A0.93.5N/A288.9%
NorwayN/AN/A3.1N/A0%
South Korea2.62.1N/AN/A-19.2%
Belgium3.5N/AN/AN/A0%
SwedenN/A3.0N/AN/A0%
SingaporeN/AN/A11.3N/A0%
Others0.60.6N/AN/A0.0%
Total24.726.045.830.97.8%

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

  1. Japan (108.8 tons)
  2. China (84.7 tons)
  3. Germany (57.4 tons)
  4. Indonesia (54.8 tons)
  5. United States (14.3 tons)
  6. Taiwan (Chinese) (8.5 tons)

Source: IndexBox Market Intelligence Platform

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