Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Ireland - 2023

Contents:

  1. Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Ireland (FOB) - 2023
  2. Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Ireland (CIF) - 2023
  3. Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Ireland
  4. Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Ireland

Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Ireland (FOB) - 2023

The average export price for portland cement, other than white, whether or not artificially coloured stood at $132 per ton in October 2023, remaining relatively unchanged against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in August 2023 an increase of 65% m-o-m. As a result, the export price attained the peak level of $144 per ton. From September 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

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

From October 2022 to October 2023, the rate of growth in terms of prices for the UK amounted to +2.3% per month.

Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Ireland (CIF) - 2023

In October 2023, the average import price for portland cement, other than white, whether or not artificially coloured amounted to $152 per ton, dropping by -6% against the previous month. Over the period under review, import price indicated a mild expansion from October 2022 to October 2023: its price increased at an average monthly rate of +1.7% 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 -25.8% against August 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 42% m-o-m. Over the period under review, average import prices attained the maximum at $248 per ton in April 2023; however, from May 2023 to October 2023, import prices failed to regain momentum.

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

From October 2022 to October 2023, the rate of growth in terms of prices for the UK amounted to +1.6% per month.

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

In 2022, after three years of growth, there was significant decline in overseas shipments of portland cement, other than white, whether or not artificially coloured, when their volume decreased by -5.1% to 1.6M tons. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 61%. As a result, the exports attained the peak of 1.7M tons, and then contracted in the following year.

In value terms, exports of portland cement, other than white, whether or not artificially coloured reduced modestly to $165M in 2022. The total export value increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 19%.

Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom126147N/A1659.4%
United Arab EmiratesN/AN/A171N/A0%
OthersN/A3.5N/A0.1-83.1%
Total1261501711659.4%

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

  1. United Kingdom (1631.1K tons)
  2. United Arab Emirates (0.1K tons)

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

For the fourth year in a row, Ireland recorded growth in supplies from abroad of portland cement, other than white, whether or not artificially coloured, which increased by 14% to 113K tons in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 178%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of portland cement, other than white, whether or not artificially coloured contracted dramatically to $8.1M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 117%.

Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.25.3N/A6.744.9%
TurkeyN/A0.3N/AN/A0%
Others0.40.211.31.451.8%
Total2.75.711.38.144.2%

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

  1. United Kingdom (100.0K tons)

Source: IndexBox Market Intelligence Platform

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