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Portugal - Borates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBorates Price in Portugal - 2023
Contents:
- Borates Price in Portugal (CIF) - 2022
- Borates Price in Portugal (FOB) - 2023
- Borates Imports in Portugal
- Borates Exports in Portugal
Borates Price in Portugal (CIF) - 2022
In 2022, the average borates import price amounted to $840 per ton, jumping by 21% against the previous year. Overall, the import price, however, recorded a mild decline. Over the period under review, average import prices reached the peak figure at $1,055 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,025 per ton), while the price for Luxembourg ($536 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Borates Price in Portugal (FOB) - 2023
In August 2023, the average borates export price amounted to $5,194 per ton, with an increase of 26% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average export price increased by 300% m-o-m. The export price peaked at $8,891 per ton in June 2023; however, from July 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was South Africa ($5,431 per ton), while the average price for exports to Spain amounted to $3,004 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cabo Verde (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.
Borates Imports in Portugal
In 2022, purchases abroad of borates decreased by -10.2% to 3.1K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of 3.5K tons, and then reduced in the following year.
In value terms, borates imports rose markedly to $2.6M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
Import of Borates in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 824 | 989 | 1,143 | 787 | -1.5% |
Luxembourg | 319 | 345 | 685 | 742 | 32.5% |
Turkey | 243 | 213 | 188 | 234 | -1.3% |
Netherlands | 235 | 267 | 196 | 231 | -0.6% |
India | N/A | N/A | N/A | 182 | 0% |
Germany | 65.4 | 21.2 | 22.4 | 74.8 | 4.6% |
Peru | 0.5 | N/A | 27.6 | 74.1 | 429.2% |
United Kingdom | 365 | 89.0 | 1.3 | 1.5 | -84.0% |
Others | 124 | 99.0 | 159 | 316 | 36.6% |
Total | 2,176 | 2,022 | 2,422 | 2,642 | 6.7% |
Top Suppliers of Borates to Portugal in 2022:
- Luxembourg (1382.9 tons)
- Spain (918.0 tons)
- Turkey (336.7 tons)
- Netherlands (167.3 tons)
- Peru (84.0 tons)
- Germany (69.7 tons)
- India (60.0 tons)
- United Kingdom (2.0 tons)
Borates Exports in Portugal
For the fourth year in a row, Portugal recorded growth in overseas shipments of borates, which increased by 1.2% to 159 tons in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 696% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, borates exports expanded modestly to $251K in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 362%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Borates in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 8.5 | 0.1 | 153 | 141 | 155.0% |
Angola | 3.5 | 13.8 | 14.7 | 30.2 | 105.1% |
Cabo Verde | 5.8 | 5.6 | 6.1 | 28.9 | 70.8% |
South Africa | N/A | 42.9 | 57.2 | 26.2 | -21.9% |
Others | 1.2 | 26.2 | 14.0 | 23.8 | 170.7% |
Total | 19.2 | 88.6 | 245 | 251 | 135.6% |
Top Export Markets for Borates from Portugal in 2022:
- Spain (122.7 tons)
- Angola (15.8 tons)
- Cabo Verde (11.2 tons)
- South Africa (6.7 tons)
This report provides an in-depth analysis of the borates market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20136230 - Borates, peroxoborates (perborates)
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the borates market in Portugal.
This report provides an in-depth analysis of the global borates market.
This report provides an in-depth analysis of the borates market in Portugal.
This report provides an in-depth analysis of the global borates market.
Explore the top import markets for borates worldwide and discover key statistics and trends. Find out which countries are leading in borate imports and the opportunities they present for suppliers.
In value terms, natural borates imports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over ...
In value terms, borates and peroxoborates imports amounted to $X in 2016. Overall, it indicated a pronounced increase from 2007 to 2016: the total imports value decreased at an average annual rate ...
In value terms, natural borates exports amounted to $X in 2016. In general, natural borates exports continue to indicate a strong growth. Global natural borates export peaked of $X in 2014; howe...
In value terms, borates and peroxoborates exports amounted to $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value decreased at an average annual rate of ...
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Explore the top import markets for borates worldwide and discover key statistics and trends. Find out which countries are leading in borate imports and the opportunities they present for suppliers.
In value terms, natural borates imports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over ...
In value terms, borates and peroxoborates imports amounted to $X in 2016. Overall, it indicated a pronounced increase from 2007 to 2016: the total imports value decreased at an average annual rate ...
In value terms, natural borates exports amounted to $X in 2016. In general, natural borates exports continue to indicate a strong growth. Global natural borates export peaked of $X in 2014; howe...