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

Contents:

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

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

In 2022, the average export price for portland cement, other than white, whether or not artificially coloured amounted to $79 per ton, rising by 5.7% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 20% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($245 per ton), while the average price for exports to Gambia ($43 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 Italy (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for portland cement, other than white, whether or not artificially coloured stood at $88.0 per ton in October 2023, standing approximately at the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 12% m-o-m. Over the period under review, average import prices attained the maximum at $100.0 per ton in August 2023; however, from September 2023 to October 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was France ($151 per ton), while the price for Portugal ($74.0 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of portland cement, other than white, whether or not artificially coloured from Spain stood at 3.3M tons, picking up by 2.2% against 2021 figures. The total export volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of portland cement, other than white, whether or not artificially coloured expanded sharply to $260M in 2022. The total export value increased at an average annual rate of +12.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 27%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France62.764.180.097.816.0%
United Kingdom50.254.175.081.117.3%
Portugal36.138.246.448.210.1%
United States13.39.19.313.0-0.8%
Netherlands3.32.810.16.626.0%
Gambia5.54.65.84.4-7.2%
Denmark5.25.34.0N/A-12.3%
Others7.610.49.88.74.6%
Total18418924026012.2%

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

  1. United Kingdom (1343.8K tons)
  2. France (913.6K tons)
  3. Portugal (518.1K tons)
  4. United States (231.2K tons)
  5. Netherlands (111.4K tons)
  6. Gambia (101.9K tons)

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

In 2022, the amount of portland cement, other than white, whether or not artificially coloured imported into Spain declined slightly to 464K tons, dropping by -2.2% against the year before. Over the period under review, imports saw a noticeable contraction. The smallest decline of -2% was in 2020.

In value terms, imports of portland cement, other than white, whether or not artificially coloured soared to $34M in 2022. The total import value increased at an average annual rate of +11.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16.316.416.114.8-3.2%
Portugal3.73.34.37.627.1%
TunisiaN/AN/AN/A6.90%
France1.63.73.34.945.2%
Turkey3.23.51.8N/A-25.0%
Others0.10.10.20.226.0%
Total24.927.125.934.311.3%

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

  1. Italy (274.7K tons)
  2. Portugal (256.3K tons)
  3. France (72.5K tons)
  4. Tunisia (19.0K tons)

Source: IndexBox Market Intelligence Platform

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