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

Contents:

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

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

In December 2023, the average export price for portland cement, white, whether or not artificially coloured amounted to $173 per ton, approximately equating the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in March 2023 an increase of 36% against the previous month. As a result, the export price reached the peak level of $185 per ton. From April 2023 to December 2023, the the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +2.1% per month.

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

The average import price for portland cement, white, whether or not artificially coloured stood at $125 per ton in December 2023, dropping by -28.2% against the previous month. Overall, the import price, however, enjoyed temperate growth. The most prominent rate of growth was recorded in May 2023 an increase of 122% month-to-month. The import price peaked at $247 per ton in March 2023; however, from April 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($271 per ton), while the price for Egypt ($71.0 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Turkey (+8.9%), while the prices for the other major suppliers experienced a decline.

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

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 4.5% to 307K tons. In general, exports, however, showed a pronounced setback.

In value terms, exports of portland cement, white, whether or not artificially coloured amounted to $41M in 2022. Overall, exports, however, continue to indicate a perceptible reduction.

Export of Portland Cement, White, Whether or Not Artificially Coloured in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States45.443.839.139.8-4.3%
Jamaica0.60.40.50.810.1%
Others0.40.30.30.3-9.1%
Total46.344.640.040.9-4.0%

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

  1. United States (300.2K tons)
  2. Jamaica (5.0K tons)

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

In 2022, the amount of portland cement, white, whether or not artificially coloured imported into Canada surged to 144K tons, growing by 426% compared with the previous year's figure. Over the period under review, imports showed a significant expansion. 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 $16M in 2022. In general, imports showed a significant expansion. 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 Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey0.40.32.68.7179.1%
United States2.51.82.16.738.9%
Taiwan (Chinese)N/A0.20.40.441.4%
China0.50.30.1N/A-55.3%
Others0.60.30.70.75.3%
Total4.02.95.916.460.1%

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

  1. Turkey (83.8K tons)
  2. United States (53.7K tons)
  3. Taiwan (Chinese) (3.8K tons)

Source: IndexBox Market Intelligence Platform

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