Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Hong Kong SAR - 2023

Contents:

  1. Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Hong Kong SAR (CIF) - 2022
  2. Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Hong Kong SAR (FOB) - 2022
  3. Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Hong Kong SAR
  4. Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Hong Kong SAR

Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Hong Kong SAR (CIF) - 2022

The average import price for portland cement, other than white, whether or not artificially coloured stood at $66 per ton in 2022, surging by 22% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($71 per ton) and Taiwan (Chinese) ($69 per ton), while the price for Vietnam ($59 per ton) and Macao SAR ($64 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Hong Kong SAR (FOB) - 2022

The average export price for portland cement, other than white, whether or not artificially coloured stood at $62 per ton in 2022, rising by 12% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for portland cement, other than white, whether or not artificially coloured increased by +14.2% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 40% against the previous year. The export price peaked at $66 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($62 per ton), while the average price for exports to China amounted to $48 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+4.7%).

Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Hong Kong SAR

In 2022, overseas purchases of portland cement, other than white, whether or not artificially coloured decreased by -20.2% to 3M tons, falling for the second year in a row after two years of growth. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 37%. As a result, imports attained the peak of 4.1M tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of portland cement, other than white, whether or not artificially coloured shrank modestly to $198M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. As a result, imports reached the peak of $214M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan41.557.067.670.219.2%
China79.289.365.962.5-7.6%
Vietnam23.939.642.436.515.2%
Taiwan (Chinese)10.118.018.527.639.8%
Macao SAR1.68.97.90.6-27.9%
Others0.60.70.40.1-45.0%
Total1572142031988.0%

Top Suppliers of Portland Cement, Other than White, Whether or Not Artificially Coloured to Hong Kong SAR in 2022:

  1. Japan (1096.5K tons)
  2. China (881.7K tons)
  3. Vietnam (614.4K tons)
  4. Taiwan (Chinese) (403.2K tons)
  5. Macao SAR (9.2K tons)

Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Hong Kong SAR

In 2022, overseas shipments of portland cement, other than white, whether or not artificially coloured decreased by -94.2% to 12K tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a sharp descent. The growth pace was the most rapid in 2020 with an increase of 950%. As a result, the exports reached the peak of 260K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of portland cement, other than white, whether or not artificially coloured fell notably to $748K in 2022. Over the period under review, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 809% against the previous year. As a result, the exports attained the peak of $14M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Macao SAR1.613.211.40.7-24.1%
ChinaN/A0.90.1N/A-88.9%
OthersN/AN/AN/AN/A0%
Total1.614.111.50.7-24.1%

Top Export Markets for Portland Cement, Other than White, Whether or Not Artificially Coloured from Hong Kong SAR in 2022:

  1. Macao SAR (12.0K tons)
  2. China (0.1K tons)

Source: IndexBox Market Intelligence Platform

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