Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Hungary - 2023
Contents:
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Hungary (CIF) - 2023
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Hungary (FOB) - 2023
- Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Hungary
- Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Hungary
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Hungary (CIF) - 2023
The average import price for portland cement, other than white, whether or not artificially coloured stood at $81.9 per ton in October 2023, with a decrease of -25.7% against the previous month. Over the period under review, import price indicated a slight expansion from October 2022 to October 2023: its price increased at an average monthly rate of +1.8% 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, other than white, whether or not artificially coloured decreased by -25.7% against September 2023 indices. The growth pace was the most rapid in December 2022 when the average import price increased by 45% m-o-m. As a result, import price attained the peak level of $116 per ton. From January 2023 to October 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Ukraine.
From October 2022 to October 2023, the rate of growth in terms of prices for Slovakia amounted to +5.7% per month.
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Hungary (FOB) - 2023
In August 2023, the average export price for portland cement, other than white, whether or not artificially coloured amounted to $98.2 per ton, rising by 7.6% against the previous month. In general, export price indicated a moderate expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, export price for portland cement, other than white, whether or not artificially coloured increased by +7.6% against July 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 23% month-to-month. The export price peaked in August 2023.
Average prices varied somewhat for the major foreign markets. In August 2023, the country with the highest price was Slovakia ($117 per ton), while the average price for exports to Croatia ($88.0 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Hungary
In 2022, after two years of decline, there was significant growth in purchases abroad of portland cement, other than white, whether or not artificially coloured, when their volume increased by 23% to 1.5M tons. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of portland cement, other than white, whether or not artificially coloured soared to $112M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +45.0% against 2019 indices. As a result, imports reached 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 Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 59.0 | 62.6 | 74.2 | 84.1 | 12.5% |
| Romania | 0.3 | 0.4 | 1.7 | 9.5 | 216.4% |
| Ukraine | 6.9 | 5.7 | 0.2 | 6.8 | -0.5% |
| Croatia | 4.1 | 4.0 | 4.1 | 5.8 | 12.3% |
| Austria | 6.4 | 5.6 | 5.2 | 5.3 | -6.1% |
| Others | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
| Total | 77.0 | 78.4 | 85.6 | 112 | 13.3% |
Top Suppliers of Portland Cement, Other than White, Whether or Not Artificially Coloured to Hungary in 2022:
- Slovakia (1207.5K tons)
- Ukraine (116.3K tons)
- Romania (105.0K tons)
- Austria (60.1K tons)
- Croatia (57.4K tons)
Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Hungary
For the third consecutive year, Hungary recorded decline in shipments abroad of portland cement, other than white, whether or not artificially coloured, which decreased by -29.7% to 233K tons in 2022. In general, exports showed a abrupt contraction. The smallest decline of -7.5% was in 2021.
In value terms, exports of portland cement, other than white, whether or not artificially coloured dropped remarkably to $16M in 2022. Over the period under review, exports saw a drastic downturn. The smallest decline of -3% was in 2020.
| Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 9.5 | 8.8 | 8.8 | 6.7 | -11.0% |
| Slovenia | 2.8 | 3.4 | 3.5 | 5.8 | 27.5% |
| Slovakia | 10.9 | 8.9 | 10.2 | 3.6 | -30.9% |
| Austria | 1.0 | 1.7 | 0.4 | N/A | -36.8% |
| Others | 0.1 | 0.9 | N/A | N/A | 800.0% |
| Total | 24.3 | 23.6 | 22.8 | 16.1 | -12.8% |
Top Export Markets for Portland Cement, Other than White, Whether or Not Artificially Coloured from Hungary in 2022:
- Croatia (100.1K tons)
- Slovenia (92.5K tons)
- Slovakia (40.4K tons)
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