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

Contents:

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

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

In June 2023, the average import price for portland cement, white, whether or not artificially coloured amounted to $142 per ton, which is down by -2.6% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 15% against the previous month. The import price peaked at $155 per ton in November 2022; however, from December 2022 to June 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($183 per ton), while the price for Egypt ($126 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.6%), 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 Morocco (FOB) - 2022

The average export price for portland cement, white, whether or not artificially coloured stood at $157 per ton in 2022, dropping by -41.9% against the previous year. Overall, the export price saw a abrupt contraction. The growth pace was the most rapid in 2016 an increase of 347%. The export price peaked at $2,338 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Gabon ($184 per ton), while the average price for exports to Cameroon ($98 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 Equatorial Guinea (+3.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of portland cement, white, whether or not artificially coloured into Morocco declined slightly to 119K tons, shrinking by -4.9% compared with the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, imports attained the peak of 125K tons, and then reduced modestly in the following year.

In value terms, imports of portland cement, white, whether or not artificially coloured rose markedly to $17M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Portland Cement, White, Whether or Not Artificially Coloured in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey8.47.49.68.0-1.6%
Egypt0.10.42.54.2247.6%
Spain2.21.22.13.617.8%
Tunisia1.21.30.21.1-2.9%
Portugal0.8N/A0.9N/A6.1%
Algeria0.10.70.5N/A123.6%
OthersN/AN/AN/AN/A0%
Total12.810.915.716.89.5%

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

  1. Turkey (57.7K tons)
  2. Egypt (31.2K tons)
  3. Spain (22.5K tons)
  4. Tunisia (7.2K tons)

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

In 2022, approx. 37 tons of portland cement, white, whether or not artificially coloured were exported from Morocco; picking up by 153% compared with the previous year's figure. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of portland cement, white, whether or not artificially coloured soared to $5.9K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Portland Cement, White, Whether or Not Artificially Coloured in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GabonN/AN/A0.62.8366.7%
CameroonN/AN/AN/A2.00%
Germany1.2N/A0.11.0-5.9%
Cote d'IvoireN/AN/AN/A0.20%
MaliN/AN/A1.5N/A0%
FranceN/AN/A1.7N/A0%
Mauritania1.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.2N/A4.05.938.9%

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

  1. Cameroon (20.0 tons)
  2. Gabon (15.0 tons)
  3. Cote d'Ivoire (1.8 tons)
  4. Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform

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