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

Contents:

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

Price for Portland Cement, White, Whether or Not Artificially Coloured in Ireland (CIF) - 2023

In October 2023, the average import price for portland cement, white, whether or not artificially coloured amounted to $298 per ton, picking up by 10% against the previous month. In general, import price indicated a tangible increase from October 2022 to October 2023: its price increased at an average monthly rate of +4.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for portland cement, white, whether or not artificially coloured increased by +10.9% against August 2023 indices. The growth pace was the most rapid in May 2023 when the average import price increased by 39% month-to-month. Over the period under review, average import prices reached the maximum at $343 per ton in June 2023; however, from July 2023 to October 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($286 per ton), while the price for Turkey ($207 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for portland cement, white, whether or not artificially coloured stood at $163 per ton in 2022, increasing by 67% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +0.4% per year.

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

In 2022, approx. 26K tons of portland cement, white, whether or not artificially coloured were imported into Ireland; declining by -36% on the previous year's figure. Over the period under review, imports saw a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 86%.

In value terms, imports of portland cement, white, whether or not artificially coloured reduced dramatically to $5.1M in 2022. In general, imports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 57% against the previous year. As a result, imports reached the peak of $6.7M, and then dropped dramatically in the following year.

Import of Portland Cement, White, Whether or Not Artificially Coloured in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom5.33.9N/A3.5-12.9%
Turkey0.20.3N/A0.426.0%
Spain0.3N/AN/A0.30.0%
Others0.10.16.70.8100.0%
Total5.94.26.75.1-4.7%

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

  1. United Kingdom (18.9K tons)
  2. Turkey (2.2K tons)
  3. Spain (0.5K tons)

Exports of Portland Cement, White, Whether or Not Artificially Coloured in Ireland

For the third year in a row, Ireland recorded decline in overseas shipments of portland cement, white, whether or not artificially coloured, which decreased by -94.2% to 2.2K tons in 2022. Overall, exports recorded a significant decrease. The smallest decline of -21.2% was in 2020.

In value terms, exports of portland cement, white, whether or not artificially coloured dropped significantly to $365K in 2022. In general, exports continue to indicate a precipitous descent. The smallest decline of -15.4% was in 2020.

Export of Portland Cement, White, Whether or Not Artificially Coloured in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom71.160.2N/A0.4-82.2%
OthersN/AN/A3.8N/A0%
Total71.160.23.80.4-82.2%

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

  1. United Kingdom (2.4K tons)

Source: IndexBox Market Intelligence Platform

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