Portugal - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCarboxylic Acid Price in Portugal - 2023
Contents:
- Carboxylic Acid Price in Portugal (CIF) - 2022
- Carboxylic Acid Price in Portugal (FOB) - 2023
- Carboxylic Acid Imports in Portugal
- Carboxylic Acid Exports in Portugal
Carboxylic Acid Price in Portugal (CIF) - 2022
In 2022, the average carboxylic acid import price amounted to $8,812 per ton, declining by -16.7% against the previous year. Over the period under review, the import price, however, saw a strong expansion. The growth pace was the most rapid in 2020 when the average import price increased by 114%. Over the period under review, average import prices attained the maximum at $10,583 per ton in 2021, and then reduced sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($77,464 per ton), while the price for France ($2,530 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Carboxylic Acid Price in Portugal (FOB) - 2023
In July 2023, the average carboxylic acid export price amounted to $1,481 per ton, declining by -18.5% against the previous month. Over the period under review, the export price saw a pronounced setback. The pace of growth was the most pronounced in August 2022 when the average export price increased by 108% against the previous month. The export price peaked at $6,129 per ton in October 2022; however, from November 2022 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Angola ($4,790 per ton), while the average price for exports to Spain amounted to $1,143 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Angola (-1.0%).
Carboxylic Acid Imports in Portugal
In 2022, overseas purchases of carboxylic acid with alcohol, phenol, aldehyde or ketone functions increased by 13% to 4.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a precipitous shrinkage.
In value terms, carboxylic acid imports declined to $38M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of $41M, and then contracted in the following year.
Import of Carboxylic Acid in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.8 | 7.7 | 9.3 | 11.3 | 8.7% |
Germany | 8.3 | 9.4 | 9.7 | 8.7 | 1.6% |
Spain | 4.8 | 4.4 | 6.5 | 8.0 | 18.6% |
India | 5.9 | 7.9 | 12.4 | 7.3 | 7.4% |
Italy | 2.7 | 0.4 | 0.7 | 0.9 | -30.7% |
France | 0.9 | 0.9 | 0.7 | 0.6 | -12.6% |
South Korea | N/A | N/A | 0.2 | 0.4 | 100.0% |
Belgium | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
Others | 0.4 | 4.5 | 0.8 | 0.5 | 7.7% |
Total | 32.0 | 35.5 | 40.5 | 38.0 | 5.9% |
Top Suppliers of Carboxylic Acid to Portugal in 2022:
- Spain (3046.6 tons)
- China (272.2 tons)
- Germany (243.2 tons)
- France (241.1 tons)
- Italy (173.6 tons)
- India (94.3 tons)
- Belgium (66.0 tons)
- South Korea (65.4 tons)
Carboxylic Acid Exports in Portugal
In 2022, approx. 1.9K tons of carboxylic acid with alcohol, phenol, aldehyde or ketone functions were exported from Portugal; jumping by 76% against the previous year. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 113%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, carboxylic acid exports surged to $2.2M in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 278%. As a result, the exports reached the peak of $3.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Carboxylic Acid in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 300 | 495 | 844 | 1,623 | 75.5% |
Angola | 169 | 221 | 94.0 | 268 | 16.6% |
Italy | 181 | 369 | 267 | N/A | 21.5% |
United Kingdom | N/A | 547 | N/A | N/A | 0% |
Others | 165 | 1,446 | 174 | 338 | 27.0% |
Total | 815 | 3,078 | 1,379 | 2,229 | 39.8% |
Top Export Markets for Carboxylic Acid from Portugal in 2022:
- Spain (1838.7 tons)
- Angola (37.7 tons)
This report provides an in-depth analysis of the carboxylic acid 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 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions
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
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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
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