Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Portugal - 2023

Contents:

  1. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Portugal (CIF) - 2023
  2. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Portugal (FOB) - 2022
  3. Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Portugal
  4. Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Portugal

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Portugal (CIF) - 2023

In August 2023, the average sulphates; alums; peroxosulphates (persulphates) import price amounted to $401 per ton, rising by 53% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 112% m-o-m. Over the period under review, average import prices reached the peak figure at $722 per ton in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Turkey ($2,273 per ton), while the price for Spain ($206 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Portugal (FOB) - 2022

In 2022, the average sulphates; alums; peroxosulphates (persulphates) export price amounted to $231 per ton, dropping by -11.3% against the previous year. Overall, the export price continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2017 an increase of 52% against the previous year. The export price peaked at $437 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cabo Verde ($986 per ton), while the average price for exports to Spain ($153 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 Cabo Verde (+0.9%), while the prices for the other major destinations experienced a decline.

Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Portugal

Sulphates; alums; peroxosulphates (persulphates) imports into Portugal skyrocketed to 63K tons in 2022, with an increase of 20% against 2021. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphates; alums; peroxosulphates (persulphates) imports rose notably to $29M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 +59.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Sulphates; Alums; Peroxosulphates (Persulphates) in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain8.48.19.710.78.4%
Turkey6.52.68.39.011.5%
Germany1.61.82.02.719.1%
Brazil0.21.82.12.6135.1%
Russia2.01.82.00.9-23.4%
France0.50.20.30.3-15.7%
Others1.61.81.62.617.6%
Total20.818.125.929.011.7%

Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to Portugal in 2022:

  1. Spain (51.3K tons)
  2. Turkey (4.0K tons)
  3. Germany (3.5K tons)
  4. Brazil (1.0K tons)
  5. France (0.3K tons)
  6. Russia (0.3K tons)

Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Portugal

In 2022, exports of sulphates; alums; peroxosulphates (persulphates)s from Portugal skyrocketed to 23K tons, with an increase of 140% compared with the previous year's figure. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphates; alums; peroxosulphates (persulphates) exports skyrocketed to $5.3M in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Sulphates; Alums; Peroxosulphates (Persulphates) in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Angola1.00.91.22.535.7%
Spain0.60.50.71.946.8%
Others0.20.30.60.965.1%
Total1.91.72.55.340.8%

Top Export Markets for Sulphates; Alums; Peroxosulphates (Persulphates) from Portugal in 2022:

  1. Spain (12.4K tons)
  2. Angola (10.1K tons)

Source: IndexBox Market Intelligence Platform

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