Price for Portland Cement, White, Whether or Not Artificially Coloured in Kenya - 2023

Contents:

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

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

In December 2023, the average import price for portland cement, white, whether or not artificially coloured amounted to $125 per ton, which is down by -15.5% against the previous month. Over the period under review, the import price saw a pronounced downturn. The pace of growth was the most pronounced in April 2023 when the average import price increased by 5.4% month-to-month. The import price peaked at $174 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Egypt ($131 per ton), while the price for the United Arab Emirates totaled $110 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Egypt (-2.3%).

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

In 2022, the average export price for portland cement, white, whether or not artificially coloured amounted to $98 per ton, which is down by -19.5% against the previous year. Overall, the export price showed a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 19% against the previous year. As a result, the export price reached the peak level of $241 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($101 per ton), while the average price for exports to Burundi amounted to $97 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+14.8%), while the prices for the other major destinations experienced a decline.

Imports of Portland Cement, White, Whether or Not Artificially Coloured in Kenya

In 2022, the amount of portland cement, white, whether or not artificially coloured imported into Kenya soared to 29K tons, jumping by 23% against the year before. The total import volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of portland cement, white, whether or not artificially coloured skyrocketed to $4.9M in 2022. In general, imports enjoyed significant growth. 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 Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt1,3239825954,47650.1%
United Arab Emirates810485729229-34.4%
Turkey14022182.11849.5%
Ethiopia34491.7N/A35.0-53.3%
Saudi ArabiaN/A7701,872N/A143.1%
Others10.813.03.913.47.5%
Total2,6262,5623,2834,93723.4%

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

  1. Egypt (26.1K tons)
  2. Turkey (1.2K tons)
  3. United Arab Emirates (1.0K tons)
  4. Ethiopia (0.4K tons)

Exports of Portland Cement, White, Whether or Not Artificially Coloured in Kenya

In 2022, after two years of decline, there was growth in shipments abroad of portland cement, white, whether or not artificially coloured, when their volume increased by 2.8% to 18 tons. Overall, exports, however, recorded a deep setback.

In value terms, exports of portland cement, white, whether or not artificially coloured fell rapidly to $1.8K in 2022. In general, exports, however, faced a sharp reduction.

Export of Portland Cement, White, Whether or Not Artificially Coloured in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burundi0.10.11.81.4141.0%
Rwanda4.33.3N/A0.3-58.8%
UgandaN/A0.1N/AN/A0%
Others0.1N/A0.3N/A73.2%
Total4.53.52.11.8-26.3%

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

  1. Burundi (14.7 tons)
  2. Rwanda (3.2 tons)

Source: IndexBox Market Intelligence Platform

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