Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Kenya - 2022

Contents:

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

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

The average export price for portland cement, other than white, whether or not artificially coloured stood at $105 per ton in 2022, surging by 23% against the previous year. In general, the export price, however, continues to indicate a pronounced shrinkage. Over the period under review, the average export prices reached the maximum at $133 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Sudan ($124 per ton), while the average price for exports to Tanzania ($82 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 South Sudan (-0.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for portland cement, other than white, whether or not artificially coloured amounted to $143 per ton, jumping by 75% against the previous year. Overall, the import price showed a notable expansion. The most prominent rate of growth was recorded in 2018 an increase of 120%. As a result, import price reached the peak level of $154 per ton. From 2019 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 country with the highest price was Tanzania ($105 per ton), while the price for Ethiopia totaled $80 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Kenya

For the fourth year in a row, Kenya recorded growth in overseas shipments of portland cement, other than white, whether or not artificially coloured, which increased by 97% to 331K tons in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 123%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of portland cement, other than white, whether or not artificially coloured soared to $35M in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in Kenya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Sudan2.12.54.920.3113.0%
Rwanda1.46.46.78.381.0%
Tanzania0.30.11.54.5146.6%
Democratic Republic of the Congo0.60.10.21.535.7%
Uganda0.50.50.6N/A9.5%
Others0.20.10.50.1-20.6%
Total5.19.614.334.789.5%

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

  1. South Sudan (163.4K tons)
  2. Rwanda (95.7K tons)
  3. Tanzania (54.2K tons)
  4. Democratic Republic of the Congo (16.4K tons)

Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Kenya

In 2022, the amount of portland cement, other than white, whether or not artificially coloured imported into Kenya reduced dramatically to 419 tons, with a decrease of -67% compared with 2021. Over the period under review, imports faced a dramatic slump. The smallest decline of -40.1% was in 2021.

In value terms, imports of portland cement, other than white, whether or not artificially coloured contracted notably to $60K in 2022. Overall, imports saw a sharp decrease. The smallest decline of -29.7% was in 2021.

Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ethiopia48.95.333.639.8-6.6%
Tanzania0.20.11.35.5201.8%
China51.70.22.20.7-76.2%
Oman13117.7155N/A8.8%
Saudi ArabiaN/A41.7727N/A1643.4%
Pakistan24765.7567N/A51.5%
Others63.316.9-1,381.513.8-39.8%
Total54114810459.8-52.0%

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

  1. Ethiopia (496.7 tons)
  2. Tanzania (52.0 tons)
  3. China (2.4 tons)

Source: IndexBox Market Intelligence Platform

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