Price for Portland Cement, White, Whether or Not Artificially Coloured in Azerbaijan - 2023

Contents:

  1. Price for Portland Cement, White, Whether or Not Artificially Coloured in Azerbaijan (CIF) - 2022
  2. Imports of Portland Cement, White, Whether or Not Artificially Coloured in Azerbaijan

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

The average import price for portland cement, white, whether or not artificially coloured stood at $126 per ton in 2022, rising by 6.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2016 an increase of 28% against the previous year. The import price peaked at $163 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Turkey ($200 per ton), while the price for Iran stood at $92 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Portland Cement, White, Whether or Not Artificially Coloured in Azerbaijan

In 2022, imports of portland cement, white, whether or not artificially coloured into Azerbaijan skyrocketed to 8.9K tons, with an increase of 27% compared with the year before. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.7% 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 +56.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of portland cement, white, whether or not artificially coloured surged to $1.1M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Portland Cement, White, Whether or Not Artificially Coloured in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran29429439356824.5%
Turkey4653133695515.8%
Netherlands57.850.746.4N/A-10.4%
Others29.026.125.12.0-59.0%
Total8466838331,1219.8%

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

  1. Iran (6.1K tons)
  2. Turkey (2.8K tons)

Source: IndexBox Market Intelligence Platform

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