Sulphates; of Aluminium Price in Portugal - 2023

Sulphates; of Aluminium Price in Portugal (CIF) - 2022

The average sulphates; of aluminium import price stood at $270 per ton in 2022, falling by -19.3% against the previous year. In general, the import price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2014 an increase of 43%. As a result, import price attained the peak level of $451 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($286 per ton), while the price for Spain amounted to $260 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.2%).

Sulphates; of Aluminium Price in Portugal (FOB) - 2022

The average sulphates; of aluminium export price stood at $97 per ton in 2022, declining by -13.2% against the previous year. Over the period under review, the export price saw a slight slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 118% against the previous year. As a result, the export price attained the peak level of $306 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($603 per ton), while the average price for exports to Spain stood at $82 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphates; of Aluminium Imports in Portugal

In 2022, the amount of sulphates; of aluminia imported into Portugal soared to 3.1K tons, rising by 51% compared with the year before. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.7% 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 +63.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphates; of aluminium imports soared to $828K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +59.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sulphates; of Aluminium in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	284	441	597	660	32.5%
Turkey	130	109	63.9	150	4.9%
Others	106	11.7	17.4	18.3	-44.3%
Total	520	562	678	828	16.8%

Top Suppliers of Sulphates; of Aluminium to Portugal in 2022:

Spain (2.5K tons)
Turkey (0.5K tons)

Sulphates; of Aluminium Exports in Portugal

In 2022, exports of sulphates; of aluminia from Portugal skyrocketed to 6.5K tons, jumping by 96% compared with 2021. Over the period under review, exports continue to indicate a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphates; of aluminium exports soared to $630K in 2022. In general, exports, however, recorded a abrupt downturn.