Price for Portland Cement, White, Whether or Not Artificially Coloured in Turkey - 2023
Contents:
- Price for Portland Cement, White, Whether or Not Artificially Coloured in Turkey (FOB) - 2023
- Price for Portland Cement, White, Whether or Not Artificially Coloured in Turkey (CIF) - 2022
- Exports of Portland Cement, White, Whether or Not Artificially Coloured in Turkey
- Imports of Portland Cement, White, Whether or Not Artificially Coloured in Turkey
Price for Portland Cement, White, Whether or Not Artificially Coloured in Turkey (FOB) - 2023
In December 2023, the average export price for portland cement, white, whether or not artificially coloured amounted to $110 per ton, rising by 2.2% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in February 2023 an increase of 23% month-to-month. The export price peaked in December 2023.
Average prices varied somewhat for the major export markets. In December 2023, the highest price was recorded for prices to Brazil ($128 per ton) and Morocco ($124 per ton), while the average price for exports to Syrian Arab Republic ($87.0 per ton) and Greece ($87.0 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Portland Cement, White, Whether or Not Artificially Coloured in Turkey (CIF) - 2022
The average import price for portland cement, white, whether or not artificially coloured stood at $105 per ton in 2022, dropping by -55.7% against the previous year. Over the period under review, the import price showed a deep slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 157%. The import price peaked at $711 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,949 per ton), while the price for Iran ($63 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Portland Cement, White, Whether or Not Artificially Coloured in Turkey
For the fourth year in a row, Turkey recorded growth in shipments abroad of portland cement, white, whether or not artificially coloured, which increased by 3.1% to 1.8M tons in 2022. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 11% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, exports of portland cement, white, whether or not artificially coloured rose markedly to $161M in 2022. The total export value increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Portland Cement, White, Whether or Not Artificially Coloured in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 20.1 | 17.3 | 23.2 | 45.1 | 30.9% |
| Israel | 25.1 | 25.9 | 27.0 | 24.9 | -0.3% |
| Italy | 8.4 | 10.9 | 13.8 | 15.4 | 22.4% |
| Brazil | 5.7 | 7.1 | 7.8 | 10.0 | 20.6% |
| Greece | 6.8 | 6.2 | 7.8 | 8.3 | 6.9% |
| Iraq | 10.5 | 9.7 | 10.1 | 7.6 | -10.2% |
| Morocco | 6.4 | 6.0 | 6.2 | 5.5 | -4.9% |
| Spain | 4.8 | 6.5 | 8.0 | 5.1 | 2.0% |
| Albania | 2.8 | 3.6 | 4.7 | 4.7 | 18.8% |
| Romania | 2.9 | 3.4 | 4.0 | 4.4 | 14.9% |
| Georgia | 0.5 | 0.6 | 0.6 | 3.3 | 87.6% |
| United Kingdom | 2.4 | 2.7 | 2.9 | 3.2 | 10.1% |
| Syrian Arab Republic | 2.2 | 1.9 | 2.1 | 2.7 | 7.1% |
| Others | 28.2 | 28.2 | 33.1 | 21.2 | -9.1% |
| Total | 127 | 130 | 151 | 161 | 8.2% |
Top Export Markets for Portland Cement, White, Whether or Not Artificially Coloured from Turkey in 2022:
- United States (577.8K tons)
- Israel (274.3K tons)
- Italy (156.7K tons)
- Greece (107.2K tons)
- Brazil (95.5K tons)
- Iraq (86.9K tons)
- Morocco (58.7K tons)
- Albania (58.0K tons)
- Romania (54.4K tons)
- Spain (43.6K tons)
- United Kingdom (32.9K tons)
- Syrian Arab Republic (30.5K tons)
- Georgia (27.8K tons)
Imports of Portland Cement, White, Whether or Not Artificially Coloured in Turkey
In 2022, overseas purchases of portland cement, white, whether or not artificially coloured increased by 380% to 3.4K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a mild shrinkage.
In value terms, imports of portland cement, white, whether or not artificially coloured skyrocketed to $358K in 2022. Over the period under review, imports, however, showed a noticeable reduction.
| Import of Portland Cement, White, Whether or Not Artificially Coloured in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 39.0 | 31.7 | 21.9 | 195 | 71.0% |
| Denmark | 102 | 53.6 | 86.1 | 91.7 | -3.5% |
| United Kingdom | 1.8 | 14.6 | 45.3 | 57.6 | 217.5% |
| United States | 243 | 200 | 0.8 | 0.3 | -89.3% |
| Others | 17.5 | 8.1 | 14.4 | 13.1 | -9.2% |
| Total | 403 | 308 | 169 | 358 | -3.9% |
Top Suppliers of Portland Cement, White, Whether or Not Artificially Coloured to Turkey in 2022:
- Iran (3099.3 tons)
- Denmark (190.5 tons)
- United Kingdom (73.2 tons)
- United States (0.2 tons)
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