The average price of exported cement in South Africa was $84 per ton, showing a slight decrease of -6 % from the previous year.
Notably, there was a significant growth spurt in 2021, with a 20% increase in average export prices compared to the preceding year. However, since 2014, when export prices reached a high of $109 per ton, there has been a general decline.
Differences in Export Prices:
The Democratic Republic of the Congo had the highest price in 2022 at $1,065 per ton.
Mozambique had one of the lowest export prices at $58 per ton.
Rate of Growth (2012-2022):
Notable growth was observed in exports to the Democratic Republic of the Congo, increasing by 22.1%.
Other major export destinations experienced a decline in prices.
Cement Price in South Africa
For imported cement, the average price in 2023 was $58 per ton, marking a significant 44% increase from the previous year. However, over the entire period under review, there has been a consistent decrease in average import prices.
Country Variation:
China had the highest import price in 2022 at $195 per ton.
Pakistan had one of the lowest import prices at $40 per ton.
Rate of Growth
Vietnam experienced the most notable growth in import prices, rising by 4.2%.
Other significant suppliers saw a decline in prices over the same period.