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

Contents:

  1. Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Serbia (CIF) - 2022
  2. Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Serbia (FOB) - 2023
  3. Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Serbia
  4. Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Serbia

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

In 2022, the average import price for portland cement, other than white, whether or not artificially coloured amounted to $101 per ton, growing by 10% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Croatia ($105 per ton), while the price for Albania ($83 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In November 2023, the average export price for portland cement, other than white, whether or not artificially coloured amounted to $119 per ton, flattening at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in April 2023 when the average export price increased by 13% m-o-m. As a result, the export price reached the peak level of $127 per ton. From May 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In November 2023, the country with the highest price was Bosnia and Herzegovina ($131 per ton), while the average price for exports to Montenegro ($118 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, purchases abroad of portland cement, other than white, whether or not artificially coloured decreased by -0.8% to 446K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, imports reached the peak of 467K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of portland cement, other than white, whether or not artificially coloured expanded significantly to $45M in 2022. The total import value increased at an average annual rate of +11.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia23.029.127.932.912.7%
TurkeyN/A1.34.37.3137.0%
Albania9.210.18.73.9-24.9%
Others0.70.30.30.98.7%
Total32.940.741.245.011.0%

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

  1. Croatia (311.7K tons)
  2. Turkey (80.9K tons)
  3. Albania (47.5K tons)

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

In 2022, shipments abroad of portland cement, other than white, whether or not artificially coloured was finally on the rise to reach 132K tons after two years of decline. Over the period under review, exports, however, recorded a abrupt downturn.

In value terms, exports of portland cement, other than white, whether or not artificially coloured soared to $13M in 2022. In general, exports, however, showed a perceptible descent.

Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro12.48.66.111.5-2.5%
Croatia1.11.01.21.0-3.1%
Bosnia and Herzegovina0.60.30.30.1-45.0%
OthersN/AN/A0.10.3200.0%
Total14.110.07.612.8-3.2%

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

  1. Montenegro (119.4K tons)
  2. Croatia (10.0K tons)
  3. Bosnia and Herzegovina (0.5K tons)

Source: IndexBox Market Intelligence Platform

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