Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Estonia - 2023
Contents:
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Estonia (CIF) - 2022
- Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Estonia (FOB) - 2023
- Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Estonia
- Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Estonia
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Estonia (CIF) - 2022
In 2022, the average import price for portland cement, other than white, whether or not artificially coloured amounted to $108 per ton, growing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Latvia.
From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +2.1% per year.
Price for Portland Cement, Other than White, Whether or Not Artificially Coloured in Estonia (FOB) - 2023
The average export price for portland cement, other than white, whether or not artificially coloured stood at $104 per ton in October 2023, growing by 14% against the previous month. In general, the export price saw a relatively flat trend pattern. The export price peaked at $118 per ton in February 2023; however, from March 2023 to October 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In October 2023, the country with the highest price was Latvia ($106 per ton), while the average price for exports to Lithuania stood at $78.0 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+1.1%).
Imports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Estonia
In 2022, imports of portland cement, other than white, whether or not artificially coloured into Estonia expanded significantly to 160K tons, picking up by 13% on the previous year's figure. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of portland cement, other than white, whether or not artificially coloured soared to $17M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Portland Cement, Other than White, Whether or Not Artificially Coloured in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 8.3 | 8.0 | 12.5 | 17.1 | 27.2% |
| Others | 1.5 | 1.8 | 0.9 | 0.2 | -48.9% |
| Total | 9.8 | 9.7 | 13.5 | 17.3 | 20.9% |
Top Suppliers of Portland Cement, Other than White, Whether or Not Artificially Coloured to Estonia in 2022:
- Latvia (159.1K tons)
Exports of Portland Cement, Other than White, Whether or Not Artificially Coloured in Estonia
In 2022, approx. 23K tons of portland cement, other than white, whether or not artificially coloured were exported from Estonia; declining by -65.4% compared with the year before. In general, exports showed a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 242%.
In value terms, exports of portland cement, other than white, whether or not artificially coloured fell markedly to $2.2M in 2022. Overall, exports showed a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 227% against the previous year.
| Export of Portland Cement, Other than White, Whether or Not Artificially Coloured in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 6,041 | 1,290 | 1,769 | 1,687 | -34.6% |
| Norway | N/A | 0.1 | 0.1 | 350 | 5816.1% |
| Finland | 106 | 97.4 | 74.6 | 94.3 | -3.8% |
| Lithuania | 63.0 | 11.5 | 222 | 18.4 | -33.7% |
| Sweden | 651 | N/A | 2,518 | 0.6 | -90.3% |
| Netherlands | 252 | N/A | N/A | N/A | 0% |
| Others | 39.8 | 17.6 | 48.4 | 4.1 | -53.1% |
| Total | 7,152 | 1,416 | 4,632 | 2,155 | -33.0% |
Top Export Markets for Portland Cement, Other than White, Whether or Not Artificially Coloured from Estonia in 2022:
- Latvia (18.7K tons)
- Norway (3.5K tons)
- Finland (0.6K tons)
- Lithuania (0.2K tons)
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