Price for Cermets; Articles Thereof, Including Waste and Scrap in Portugal - 2024

Contents:

1. Price for Cermets; Articles Thereof, Including Waste and Scrap in Portugal (CIF) - 2022
2. Price for Cermets; Articles Thereof, Including Waste and Scrap in Portugal (FOB) - 2022
3. Imports of Cermets; Articles Thereof, Including Waste and Scrap in Portugal
4. Exports of Cermets; Articles Thereof, Including Waste and Scrap in Portugal

Price for Cermets; Articles Thereof, Including Waste and Scrap in Portugal (CIF) - 2022

The average import price for cermets; articles thereof, including waste and scrap stood at $49,216 per ton in 2022, declining by -35.7% against the previous year. Overall, the import price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 43%. As a result, import price reached the peak level of $130,065 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($178,344 per ton), while the price for Brazil ($25,102 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+10.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cermets; Articles Thereof, Including Waste and Scrap in Portugal (FOB) - 2022

In 2022, the average export price for cermets; articles thereof, including waste and scrap amounted to $63,181 per ton, declining by -18.4% against the previous year. Overall, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2013 an increase of 17%. As a result, the export price attained the peak level of $140,645 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($68,254 per ton), while the average price for exports to Spain ($20,242 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 the UK (-5.1%), while the prices for the other major destinations experienced a decline.

Imports of Cermets; Articles Thereof, Including Waste and Scrap in Portugal

For the fourth year in a row, Portugal recorded growth in purchases abroad of cermets; articles thereof, including waste and scrap, which increased by 99% to 38 tons in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cermets; articles thereof, including waste and scrap soared to $1.9M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +54.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cermets; Articles Thereof, Including Waste and Scrap to Portugal in 2022:

1. Germany (22.6 tons)
2. Brazil (9.2 tons)
3. Austria (1.9 tons)
4. Luxembourg (1.3 tons)
5. Spain (1.2 tons)
6. Belgium (0.8 tons)
7. Canada (0.4 tons)

Exports of Cermets; Articles Thereof, Including Waste and Scrap in Portugal

In 2022, overseas shipments of cermets; articles thereof, including waste and scrap decreased by -12.5% to 23 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 345% against the previous year. As a result, the exports attained the peak of 26 tons, and then contracted in the following year.

In value terms, exports of cermets; articles thereof, including waste and scrap shrank notably to $1.4M in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 200%. As a result, the exports reached the peak of $2M, and then contracted dramatically in the following year.

Top Export Markets for Cermets; Articles Thereof, Including Waste and Scrap from Portugal in 2022:

1. Brazil (19.8 tons)
2. Spain (2.5 tons)

Source: IndexBox Market Intelligence Platform