Price for Portland Cement, White, Whether or Not Artificially Coloured in South Korea - 2022

Contents:

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

Price for Portland Cement, White, Whether or Not Artificially Coloured in South Korea (CIF) - 2022

In 2022, the average import price for portland cement, white, whether or not artificially coloured amounted to $121 per ton, rising by 16% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 18% against the previous year. As a result, import price reached the peak level of $125 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($156 per ton) and China ($149 per ton), while the price for Egypt ($112 per ton) and the United Arab Emirates ($118 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for portland cement, white, whether or not artificially coloured stood at $131 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 12% against the previous year. The export price peaked at $192 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($205 per ton), while the average price for exports to Russia ($95 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 Japan (-4.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of portland cement, white, whether or not artificially coloured into South Korea rose rapidly to 39K tons, increasing by 13% on 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports reached 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 $4.7M in 2022. The total import value increased at an average annual rate of +1.8% 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, White, Whether or Not Artificially Coloured in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt2687631,6112,536111.5%
United Arab Emirates2962663521,39467.6%
Malaysia1,7852,0672,553579-31.3%
Turkey28910814169.6-37.8%
China4413087.17.4-74.4%
Iran522244N/A0.1-94.2%
Spain8441212.7N/A-94.3%
Others23.92.8-1,075.812674.0%
Total4,4693,8793,5924,7131.8%

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

  1. Egypt (22.7K tons)
  2. United Arab Emirates (11.9K tons)
  3. Malaysia (3.7K tons)
  4. Turkey (0.5K tons)
  5. China (0.1K tons)

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

In 2022, the amount of portland cement, white, whether or not artificially coloured exported from South Korea was estimated at 3.6K tons, picking up by 14% compared with the previous year's figure. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. 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 skyrocketed to $469K in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years.

Export of Portland Cement, White, Whether or Not Artificially Coloured in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2872962683658.3%
Russia11311413160.8-18.7%
Saudi ArabiaN/AN/AN/A31.20%
Australia17.522.16.77.3-25.3%
Others21.049.71.94.9-38.4%
Total4384824074692.3%

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

  1. Japan (2707.7 tons)
  2. Russia (638.4 tons)
  3. Saudi Arabia (151.9 tons)
  4. Australia (54.9 tons)

Source: IndexBox Market Intelligence Platform

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