Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Singapore - 2023
Contents:
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Singapore (CIF) - 2022
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Singapore (FOB) - 2022
- Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Singapore
- Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Singapore
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Singapore (CIF) - 2022
In 2022, the average import price for portland cement, other than white, whether or not artificially coloured amounted to $63 per ton, rising by 22% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($70 per ton) and China ($69 per ton), while the price for Japan ($61 per ton) and Malaysia ($65 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.5%), 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 Singapore (FOB) - 2022
In 2022, the average export price for portland cement, other than white, whether or not artificially coloured amounted to $481 per ton, increasing by 240% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. Over the period under review, the average export prices attained the maximum at $572 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($599 per ton), while the average price for exports to Indonesia ($183 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Timor-Leste (+7.8%), 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 Singapore
In 2022, the amount of portland cement, other than white, whether or not artificially coloured imported into Singapore contracted slightly to 4.3M tons, reducing by -3.1% against the previous year. Overall, imports recorded a mild setback. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. As a result, imports attained the peak of 4.5M tons, and then declined modestly in the following year.
In value terms, imports of portland cement, other than white, whether or not artificially coloured surged to $274M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 59% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 143 | 87.7 | 126 | 140 | -0.7% |
| Malaysia | 56.9 | 52.7 | 95.7 | 119 | 27.9% |
| Vietnam | 10.7 | 1.3 | 8.1 | 11.0 | 0.9% |
| Others | 1.8 | 3.5 | 1.1 | 4.1 | 31.6% |
| Total | 212 | 145 | 231 | 274 | 8.9% |
Top Suppliers of Portland Cement, Other than White, Whether or Not Artificially Coloured to Singapore in 2022:
- Japan (2.3M tons)
- Malaysia (1.8M tons)
- Vietnam (0.2M tons)
Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Singapore
In 2022, overseas shipments of portland cement, other than white, whether or not artificially coloured decreased by -94.3% to 614 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 282% against the previous year.
In value terms, exports of portland cement, other than white, whether or not artificially coloured reduced rapidly to $295K in 2022. In general, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 100%. As a result, the exports attained the peak of $1.5M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 3.1 | 65.5 | 16.4 | 136 | 252.7% |
| Vietnam | 222 | 594 | 161 | 73.7 | -30.8% |
| Malaysia | 382 | 10.5 | 132 | 25.7 | -59.3% |
| Timor-Leste | N/A | N/A | 14.3 | 21.8 | 52.4% |
| Hong Kong SAR | 10.4 | 9.0 | 25.7 | 21.4 | 27.2% |
| Maldives | 90.3 | 57.7 | 2.7 | 14.9 | -45.2% |
| Marshall Islands | N/A | 687 | N/A | N/A | 0% |
| French Polynesia | N/A | N/A | 292 | N/A | 0% |
| British Indian Ocean Territory | N/A | 89.1 | 879 | N/A | 886.5% |
| Others | 65.6 | 33.3 | 2.7 | 1.9 | -69.3% |
| Total | 774 | 1,546 | 1,526 | 295 | -27.5% |
Top Export Markets for Portland Cement, Other than White, Whether or Not Artificially Coloured from Singapore in 2022:
- Indonesia (743.3 tons)
- Vietnam (338.6 tons)
- Hong Kong SAR (43.8 tons)
- Malaysia (43.0 tons)
- Timor-Leste (42.0 tons)
- Maldives (31.6 tons)
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