Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Ghana - 2022

Contents:

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

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

In 2022, the average import price for portland cement, other than white, whether or not artificially coloured amounted to $71 per ton, with an increase of 100% against the previous year. Overall, the import price saw a notable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Spain ($530 per ton), while the price for Turkey ($48 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for portland cement, other than white, whether or not artificially coloured amounted to $35 per ton, shrinking by -74.4% against the previous year. In general, the export price saw a deep contraction. The growth pace was the most rapid in 2013 when the average export price increased by 76% against the previous year. As a result, the export price attained the peak level of $234 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Benin amounted to +11.2% per year.

Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Ghana

Imports of portland cement, other than white, whether or not artificially coloured into Ghana rose modestly to 478K tons in 2022, picking up by 2.5% against the year before. In general, imports, however, saw a abrupt descent.

In value terms, imports of portland cement, other than white, whether or not artificially coloured surged to $34M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in Ghana (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/A3.725.6591.9%
Turkey11.713.510.08.4-10.5%
South Korea1.7N/AN/AN/A0%
Greece2.5N/AN/AN/A0%
OmanN/AN/AN/AN/A0%
Saudi Arabia0.5N/A1.6N/A78.9%
Others2.70.11.20.2-58.0%
Total18.913.616.634.221.9%

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

  1. Egypt (303.9K tons)
  2. Turkey (172.5K tons)

Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Ghana

In 2022, overseas shipments of portland cement, other than white, whether or not artificially coloured increased by 141% to 75 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a precipitous setback.

In value terms, exports of portland cement, other than white, whether or not artificially coloured fell markedly to $2.6K in 2022. In general, exports, however, faced a sharp decrease.

Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burkina Faso5.66.00.32.0-29.1%
Cote d'Ivoire251N/AN/AN/A0%
NigerN/A7.03.6N/A-48.6%
Togo12.61.70.3N/A-84.6%
Others6.90.4N/A0.6-55.7%
Total27615.24.22.6-78.9%

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

  1. Burkina Faso (75.0 tons)

Source: IndexBox Market Intelligence Platform

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