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

Contents:

  1. Price for Portland Cement, White, Whether or Not Artificially Coloured in Hungary (CIF) - 2023
  2. Price for Portland Cement, White, Whether or Not Artificially Coloured in Hungary (FOB) - 2022
  3. Imports of Portland Cement, White, Whether or Not Artificially Coloured in Hungary
  4. Exports of Portland Cement, White, Whether or Not Artificially Coloured in Hungary

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

The average import price for portland cement, white, whether or not artificially coloured stood at $271 per ton in August 2023, with a decrease of -1.6% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.2%. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 17% m-o-m. The import price peaked at $276 per ton in July 2023, and then shrank in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($281 per ton), while the price for Slovenia ($150 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for portland cement, white, whether or not artificially coloured amounted to $1,100 per ton, rising by 945% against the previous year. Over the period under review, the export price showed a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($341 per ton), while the average price for exports to Romania ($179 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 Austria (+10.7%), while the prices for the other major destinations experienced a decline.

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

For the fourth year in a row, Hungary recorded growth in overseas purchases of portland cement, white, whether or not artificially coloured, which increased by 21% to 26K tons in 2022. The total import volume increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 surged to $5.4M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.8% 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 +63.3% against 2019 indices. 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 Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia3.23.64.05.016.0%
SloveniaN/A0.1N/A0.241.4%
Denmark0.10.10.10.10.0%
OthersN/AN/AN/AN/A0%
Total3.33.84.25.417.8%

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

  1. Slovakia (23.9K tons)
  2. Slovenia (1.2K tons)
  3. Denmark (0.8K tons)

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

In 2022, overseas shipments of portland cement, white, whether or not artificially coloured decreased by -99.8% to 82 kg, falling for the second consecutive year after two years of growth. Overall, exports faced a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 16,991% against the previous year. As a result, the exports reached the peak of 111 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of portland cement, white, whether or not artificially coloured dropped sharply to $90 in 2022. Over the period under review, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 11,442%. As a result, the exports attained the peak of $26K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Portland Cement, White, Whether or Not Artificially Coloured in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SlovakiaN/A26.23.5N/A-86.6%
AustriaN/AN/AN/AN/A0%
Czech Republic0.2N/AN/AN/A0%
RomaniaN/AN/A1.4N/A0%
OthersN/A0.1N/AN/A0%
Total0.226.35.00.1-20.6%

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

  1. Romania (212.0 kg)
  2. Slovakia (57.0 kg)
  3. Austria (41.0 kg)

Source: IndexBox Market Intelligence Platform

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