Price for Portland Cement, White, Whether or Not Artificially Coloured in Latvia - 2023
Contents:
- Price for Portland Cement, White, Whether or Not Artificially Coloured in Latvia (CIF) - 2023
- Price for Portland Cement, White, Whether or Not Artificially Coloured in Latvia (FOB) - 2022
- Imports of Portland Cement, White, Whether or Not Artificially Coloured in Latvia
- Exports of Portland Cement, White, Whether or Not Artificially Coloured in Latvia
Price for Portland Cement, White, Whether or Not Artificially Coloured in Latvia (CIF) - 2023
In October 2023, the average import price for portland cement, white, whether or not artificially coloured amounted to $332 per ton, growing by 17% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.4%. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 21% against the previous month. Over the period under review, average import prices hit record highs in October 2023.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Austria ($797 per ton), while the price for Slovakia ($240 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 Sweden (+3.7%), 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 Latvia (FOB) - 2022
In 2022, the average export price for portland cement, white, whether or not artificially coloured amounted to $229 per ton, increasing by 28% against the previous year. Over the period under review, the export price, however, saw a abrupt contraction. The export price peaked at $560 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($245 per ton), while the average price for exports to Belarus ($166 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 Estonia (+5.7%), while the prices for the other major destinations experienced a decline.
Imports of Portland Cement, White, Whether or Not Artificially Coloured in Latvia
In 2022, after three years of growth, there was significant decline in overseas purchases of portland cement, white, whether or not artificially coloured, when their volume decreased by -29.9% to 14K tons. Overall, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 81%. As a result, imports reached the peak of 21K tons, and then shrank notably in the following year.
In value terms, imports of portland cement, white, whether or not artificially coloured rose to $3.2M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.9% 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 +58.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Portland Cement, White, Whether or Not Artificially Coloured in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,136 | 1,069 | 1,359 | 1,810 | 16.8% |
| Denmark | 470 | 628 | 702 | 611 | 9.1% |
| Lithuania | 29.8 | 53.8 | 740 | 110 | 54.5% |
| Austria | 381 | 252 | 56.0 | 78.2 | -41.0% |
| Slovakia | 37.9 | 35.8 | 80.5 | 71.2 | 23.4% |
| Egypt | N/A | N/A | N/A | 61.2 | 0% |
| Portugal | N/A | N/A | 5.2 | 48.3 | 828.8% |
| Turkey | 24.5 | 0.9 | 97.5 | 47.8 | 25.0% |
| Others | N/A | 7.5 | 59.0 | 395 | 625.7% |
| Total | 2,079 | 2,046 | 3,099 | 3,233 | 15.9% |
Top Suppliers of Portland Cement, White, Whether or Not Artificially Coloured to Latvia in 2022:
- Poland (7.5K tons)
- Denmark (3.3K tons)
- Lithuania (1.2K tons)
- Slovakia (0.5K tons)
- Turkey (0.3K tons)
- Portugal (0.3K tons)
- Egypt (0.3K tons)
- Austria (0.1K tons)
Exports of Portland Cement, White, Whether or Not Artificially Coloured in Latvia
In 2022, approx. 3.9K tons of portland cement, white, whether or not artificially coloured were exported from Latvia; growing by 2% on 2021. The total export volume increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 32%. As a result, the exports attained the peak of 4.8K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of portland cement, white, whether or not artificially coloured soared to $896K in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.3% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 34% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Portland Cement, White, Whether or Not Artificially Coloured in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 105 | 209 | 225 | 294 | 40.9% |
| Estonia | 175 | 159 | 110 | 181 | 1.1% |
| Belarus | 293 | 372 | 346 | 43.7 | -47.0% |
| Others | N/A | 26.1 | 6.5 | 377 | 280.1% |
| Total | 573 | 767 | 688 | 896 | 16.1% |
Top Export Markets for Portland Cement, White, Whether or Not Artificially Coloured from Latvia in 2022:
- Lithuania (1202.7 tons)
- Estonia (786.5 tons)
- Belarus (264.0 tons)
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