Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Kuwait - 2022
Contents:
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Kuwait (CIF) - 2022
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Kuwait (FOB) - 2022
- Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Kuwait
- Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Kuwait
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Kuwait (CIF) - 2022
In 2022, the average import price for portland cement, other than white, whether or not artificially coloured amounted to $94 per ton, picking up by 134% against the previous year. In general, the import price continues to indicate strong growth. As a result, import price attained 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 Saudi Arabia ($94 per ton), while the price for Iran ($33 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+17.1%), while the prices for the other major suppliers experienced a decline.
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Kuwait (FOB) - 2022
The average export price for portland cement, other than white, whether or not artificially coloured stood at $89 per ton in 2022, with a decrease of -15.1% against the previous year. In general, the export price showed a slight downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 39% against the previous year. As a result, the export price attained the peak level of $147 per ton. From 2020 to 2022, 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 Saudi Arabia.
From 2013 to 2022, the rate of growth in terms of prices for Iraq amounted to +10.8% per year.
Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Kuwait
In 2022, approx. 581K tons of portland cement, other than white, whether or not artificially coloured were imported into Kuwait; declining by -60% against 2021. In general, imports faced a sharp downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 26%.
In value terms, imports of portland cement, other than white, whether or not artificially coloured reduced to $55M in 2022. Over the period under review, imports saw a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year.
| Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 17.6 | 18.2 | 24.1 | 26.2 | 14.2% |
| United Arab Emirates | 33.3 | 8.1 | 14.0 | 14.7 | -23.9% |
| Saudi Arabia | 24.2 | 21.2 | 20.1 | 13.5 | -17.7% |
| Others | 0.8 | 1.1 | 0.1 | 0.2 | -37.0% |
| Total | 75.9 | 48.6 | 58.3 | 54.7 | -10.3% |
Top Suppliers of Portland Cement, Other than White, Whether or Not Artificially Coloured to Kuwait in 2022:
- Iran (794.1K tons)
- United Arab Emirates (450.3K tons)
- Saudi Arabia (143.4K tons)
Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Kuwait
In 2022, shipments abroad of portland cement, other than white, whether or not artificially coloured decreased by -45.9% to 219 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 117%. As a result, the exports reached the peak of 405 tons, and then shrank rapidly in the following year.
In value terms, exports of portland cement, other than white, whether or not artificially coloured fell markedly to $20K in 2022. Overall, exports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 104%. As a result, the exports attained the peak of $43K, and then dropped markedly in the following year.
| Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 2.3 | 20.8 | 42.6 | 19.5 | 103.9% |
| Iraq | 13.2 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 6.9 | 0.1 | N/A | N/A | -98.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 22.4 | 20.9 | 42.6 | 19.5 | -4.5% |
Top Export Markets for Portland Cement, Other than White, Whether or Not Artificially Coloured from Kuwait in 2022:
- Saudi Arabia (219.0 tons)
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