Price for Portland Cement, White, Whether or Not Artificially Coloured in Hong Kong SAR - 2023

Contents:

  1. Price for Portland Cement, White, Whether or Not Artificially Coloured in Hong Kong SAR (CIF) - 2022
  2. Price for Portland Cement, White, Whether or Not Artificially Coloured in Hong Kong SAR (FOB) - 2022
  3. Imports of Portland Cement, White, Whether or Not Artificially Coloured in Hong Kong SAR
  4. Exports of Portland Cement, White, Whether or Not Artificially Coloured in Hong Kong SAR

Price for Portland Cement, White, Whether or Not Artificially Coloured in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for portland cement, white, whether or not artificially coloured amounted to $158 per ton, surging by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. Over the period under review, average import prices reached the peak figure at $158 per ton in 2014; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($179 per ton) and China ($179 per ton), while the price for Malaysia ($153 per ton) and Indonesia ($154 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Portland Cement, White, Whether or Not Artificially Coloured in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for portland cement, white, whether or not artificially coloured amounted to $218 per ton, falling by -31.2% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices reached the maximum at $316 per ton in 2021, and then reduced remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($324 per ton), while the average price for exports to Singapore ($123 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 China (-0.1%).

Imports of Portland Cement, White, Whether or Not Artificially Coloured in Hong Kong SAR

In 2022, overseas purchases of portland cement, white, whether or not artificially coloured were finally on the rise to reach 5.7K tons after two years of decline. Over the period under review, imports, however, recorded a noticeable contraction.

In value terms, imports of portland cement, white, whether or not artificially coloured surged to $904K in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Portland Cement, White, Whether or Not Artificially Coloured in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia12140044542351.8%
Indonesia634276248310-21.2%
China2.1N/AN/A125290.4%
Thailand11172.346.640.3-28.7%
Others0.6N/A4.14.9101.4%
Total8697487449041.3%

Top Suppliers of Portland Cement, White, Whether or Not Artificially Coloured to Hong Kong SAR in 2022:

  1. Malaysia (2.8K tons)
  2. Indonesia (2.0K tons)
  3. China (0.7K tons)
  4. Thailand (0.2K tons)

Exports of Portland Cement, White, Whether or Not Artificially Coloured in Hong Kong SAR

In 2022, overseas shipments of portland cement, white, whether or not artificially coloured were finally on the rise to reach 55 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a significant curtailment.

In value terms, exports of portland cement, white, whether or not artificially coloured shrank markedly to $12K in 2022. In general, exports, however, faced a dramatic descent.

Export of Portland Cement, White, Whether or Not Artificially Coloured in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China68.532.09.510.5-46.5%
Macao SAR31.221.45.71.3-65.3%
SingaporeN/AN/AN/A0.10%
OthersN/AN/AN/AN/A0%
Total99.753.415.212.0-50.6%

Top Export Markets for Portland Cement, White, Whether or Not Artificially Coloured from Hong Kong SAR in 2022:

  1. China (50.0 tons)
  2. Macao SAR (4.0 tons)
  3. Singapore (1.0 tons)

Source: IndexBox Market Intelligence Platform

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