Price for Cement of Hydraulic Kinds in Portugal - 2023

Contents:

  1. Price for Cement of Hydraulic Kinds in Portugal (FOB) - 2022
  2. Price for Cement of Hydraulic Kinds in Portugal (CIF) - 2023
  3. Exports of Cement of Hydraulic Kinds in Portugal
  4. Imports of Cement of Hydraulic Kinds in Portugal

Price for Cement of Hydraulic Kinds in Portugal (FOB) - 2022

In 2022, the average cement of hydraulic kinds export price amounted to $121 per ton, which is down by -12.5% against the previous year. Over the period under review, the export price saw a abrupt downturn. The growth pace was the most rapid in 2017 when the average export price increased by 31% against the previous year. The export price peaked at $262 per ton in 2012; however, from 2013 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 Angola ($492 per ton), while the average price for exports to Guinea-Bissau ($113 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 Venezuela (+22.9%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Cement of Hydraulic Kinds in Portugal (CIF) - 2023

The average cement of hydraulic kinds import price stood at $198 per ton in August 2023, approximately reflecting the previous month. In general, the import price, however, enjoyed a mild expansion. The pace of growth appeared the most rapid in January 2023 an increase of 118% against the previous month. As a result, import price attained the peak level of $379 per ton. From February 2023 to August 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From August 2022 to August 2023, the rate of growth in terms of prices for Spain amounted to +1.7% per month.

Exports of Cement of Hydraulic Kinds in Portugal

After three years of growth, overseas shipments of cement of hydraulic kindses decreased by -5.7% to 64K tons in 2022. The total export volume increased at an average annual rate of +8.5% 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 2021 with an increase of 31% against the previous year. As a result, the exports reached the peak of 68K tons, and then reduced in the following year.

In value terms, cement of hydraulic kinds exports contracted notably to $7.7M in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, the exports reached the peak of $9.3M, and then shrank sharply in the following year.

Export of Cement of Hydraulic Kinds in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5.75.97.76.22.8%
Spain0.10.10.60.791.3%
Cabo Verde0.20.10.40.426.0%
Others0.80.40.60.5-14.5%
Total6.86.69.37.74.2%

Top Export Markets for Cement of Hydraulic Kinds from Portugal in 2022:

  1. France (54.4K tons)
  2. Spain (5.0K tons)
  3. Cabo Verde (2.8K tons)

Imports of Cement of Hydraulic Kinds in Portugal

In 2022, supplies from abroad of cement of hydraulic kindses decreased by -34.7% to 39K tons, falling for the second year in a row after two years of growth. In general, imports, however, saw a prominent increase. The growth pace was the most rapid in 2020 with an increase of 151% against the previous year. As a result, imports attained the peak of 79K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cement of hydraulic kinds imports declined sharply to $6.6M in 2022. Over the period under review, imports showed a abrupt setback. The pace of growth was the most pronounced in 2020 when imports increased by 16% against the previous year. As a result, imports attained the peak of $9.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Cement of Hydraulic Kinds in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain7.68.98.06.4-5.6%
France0.50.70.60.1-41.5%
Others0.20.20.10.1-20.6%
Total8.49.88.76.6-7.7%

Top Suppliers of Cement of Hydraulic Kinds to Portugal in 2022:

  1. Spain (38.3K tons)
  2. France (0.5K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cement; hydraulic kinds - Portugal