Price for Poly(Lactic Acid); in Primary Forms in Portugal - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Portugal (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in Portugal (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Portugal
- Exports of Poly(Lactic Acid); in Primary Forms in Portugal
Price for Poly(Lactic Acid); in Primary Forms in Portugal (CIF) - 2022
The average import price for poly(lactic acid); in primary formses stood at $3,721 per ton in 2022, approximately equating the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poly(lactic acid); in primary forms import price increased by +68.4% against 2013 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 21%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,657 per ton), while the price for Belgium ($3,412 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Poly(Lactic Acid); in Primary Forms in Portugal (FOB) - 2022
The average export price for poly(lactic acid); in primary formses stood at $5,318 per ton in 2022, declining by -17.4% against the previous year. Over the period under review, the export price, however, recorded strong growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 150% against the previous year. Over the period under review, the average export prices attained the peak figure at $21,978 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2013 to 2022, the rate of growth in terms of prices for Angola amounted to +260.2% per year.
Imports of Poly(Lactic Acid); in Primary Forms in Portugal
In 2022, overseas purchases of poly(lactic acid); in primary formses decreased by -58.4% to 118 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 18% against the previous year. As a result, imports attained the peak of 360 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, poly(lactic acid); in primary forms imports shrank dramatically to $440K in 2022. In general, imports faced a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 43% against the previous year. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Poly(Lactic Acid); in Primary Forms in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 616 | 870 | 844 | 389 | -14.2% |
| Belgium | 47.1 | 106 | 38.9 | 24.7 | -19.4% |
| Germany | 173 | 178 | 111 | 5.7 | -67.9% |
| Spain | 9.4 | 36.7 | 42.4 | 4.1 | -24.2% |
| Others | 11.8 | 33.8 | 15.4 | 16.6 | 12.0% |
| Total | 857 | 1,225 | 1,051 | 440 | -19.9% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Portugal in 2022:
- Netherlands (108.0 tons)
- Belgium (7.3 tons)
- Spain (1.1 tons)
- Germany (1.0 tons)
Exports of Poly(Lactic Acid); in Primary Forms in Portugal
In 2022, exports of poly(lactic acid); in primary formses from Portugal surged to 17 tons, rising by 27% compared with the previous year. Overall, exports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 155% against the previous year.
In value terms, poly(lactic acid); in primary forms exports reached $91K in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 409%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Poly(Lactic Acid); in Primary Forms in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 0.4 | 80.9 | 20125.0% |
| Thailand | N/A | N/A | 5.8 | 6.5 | 12.1% |
| Hong Kong SAR | 17.1 | N/A | N/A | N/A | 0% |
| Belgium | N/A | 14.6 | N/A | N/A | 0% |
| Germany | 15.9 | N/A | N/A | N/A | 0% |
| Indonesia | 0.6 | N/A | 77.5 | N/A | 1036.5% |
| Others | 1.3 | 2.4 | 2.6 | 3.2 | 35.0% |
| Total | 34.8 | 17.0 | 86.3 | 90.6 | 37.6% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Portugal in 2022:
- Thailand (undefined tons)
- Spain (16.9 tons)
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