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

Contents:

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

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

In 2022, the average import price for portland cement, white, whether or not artificially coloured amounted to $160 per ton, growing by 8.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 46% against the previous year. The import price peaked at $172 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($172 per ton) and Vietnam ($167 per ton), while the price for Thailand ($138 per ton) and China ($150 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.6%), 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 the Philippines (FOB) - 2022

The average export price for portland cement, white, whether or not artificially coloured stood at $94 per ton in 2022, growing by 2% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 16%. Over the period under review, the average export prices hit record highs at $157 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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 Micronesia ($177 per ton), while the average price for exports to Palau amounted to $54 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Micronesia (+1.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of portland cement, white, whether or not artificially coloured imported into the Philippines amounted to 96K tons, increasing by 4.9% on 2021 figures. In general, imports, however, showed a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year.

In value terms, imports of portland cement, white, whether or not artificially coloured expanded sharply to $15M in 2022. Overall, imports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 44% against the previous year.

Import of Portland Cement, White, Whether or Not Artificially Coloured in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia4.63.65.87.618.2%
United Arab Emirates2.01.73.93.722.8%
Thailand3.82.02.12.1-17.9%
China1.81.11.21.7-1.9%
Vietnam6.10.60.1N/A-87.2%
Others0.20.30.40.20.0%
Total18.59.413.515.3-6.1%

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

  1. Malaysia (43.9K tons)
  2. United Arab Emirates (23.9K tons)
  3. Thailand (15.3K tons)
  4. China (11.3K tons)

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

In 2022, after two years of growth, there was significant decline in overseas shipments of portland cement, white, whether or not artificially coloured, when their volume decreased by -44.8% to 96 tons. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 864%. As a result, the exports reached the peak of 173 tons, and then dropped notably in the following year.

In value terms, exports of portland cement, white, whether or not artificially coloured declined notably to $9K in 2022. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 696% against the previous year. As a result, the exports attained the peak of $16K, and then fell notably in the following year.

Export of Portland Cement, White, Whether or Not Artificially Coloured in the Philippines (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Micronesia1.39.35.3101.9%
Palau0.65.23.5141.5%
United StatesN/A1.3N/A0%
OthersN/A0.20.20.0%
Total2.016.09.0112.1%

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

  1. Palau (64.9 tons)
  2. Micronesia (29.6 tons)

Source: IndexBox Market Intelligence Platform

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