Overview of the Global Market for Prepared Additives For Cements, Mortars Or Concretes

Market Size for Prepared Additives For Cements, Mortars Or Concretes

The global prepared additives for cements market reduced modestly to $X in 2022, standing approx. at the previous year. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +3.5% against 2020 indices. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the global market remained at a lower figure.

Production of Prepared Additives For Cements, Mortars Or Concretes

In value terms, prepared additives for cements production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 28% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports

In 2022, shipments abroad of prepared additives for cements, mortars or concretes increased by 8% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 32%. The global exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, prepared additives for cements exports rose sharply to $X in 2022. The total export value increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 25%. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China dominates exports structure, accounting for X tons, which was near 59% of total exports in 2022. It was distantly followed by Russia (X tons), achieving a 4.6% share of total exports. Germany (X tons), Turkey (X tons), Italy (X tons), South Korea (X tons), Mexico (X tons), the United States (X tons), India (X tons) and Spain (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +16.4% from 2012 to 2022. At the same time, Mexico (+18.4%), India (+16.6%), Russia (+15.0%), Turkey (+8.3%), Spain (+5.1%) and South Korea (+2.6%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of +18.4% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, Italy (-3.2%) and the United States (-3.2%) illustrated a downward trend over the same period. China (+33 p.p.) and Russia (+2.3 p.p.) significantly strengthened its position in terms of the global exports, while the United States, Germany and Italy saw its share reduced by -2.9%, -4.1% and -4.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and the United States ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 37% of global exports. Italy, Russia, South Korea, Turkey, Spain, India and Mexico lagged somewhat behind, together accounting for a further 27%.

In terms of the main exporting countries, India, with a CAGR of +16.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average prepared additives for cements export price stood at $X per ton in 2022, shrinking by -2.3% against the previous year. Overall, the export price showed a noticeable contraction. The growth pace was the most rapid in 2018 an increase of 13% against the previous year. The global export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.3%), while the other global leaders experienced more modest paces of growth.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports

In 2022, approx. X tons of prepared additives for cements, mortars or concretes were imported worldwide; increasing by 6.1% on 2021. Overall, imports posted moderate growth. The most prominent rate of growth was recorded in 2016 with an increase of 128% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of global imports failed to regain momentum.

In value terms, prepared additives for cements imports expanded sharply to $X in 2022. The total import value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. Global imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

The purchases of the twelve major importers of prepared additives for cements, mortars or concretes, namely the United States, Hong Kong SAR, Belgium, Germany, Denmark, France, Singapore, the Philippines, Poland, Austria, India and Slovakia, represented more than fourth of total import. The Netherlands (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the United States (with a CAGR of +18.5%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and India ($X) constituted the countries with the highest levels of imports in 2022, together comprising 11% of global imports.

The United States, with a CAGR of +12.5%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average prepared additives for cements import price stood at $X per ton in 2022, growing by 3.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 133% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.3%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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