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Portugal - Sulphites - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSulphites Price in Portugal - 2023
Contents:
- Sulphites Price in Portugal (CIF) - 2022
- Sulphites Price in Portugal (FOB) - 2023
- Sulphites Imports in Portugal
- Sulphites Exports in Portugal
Sulphites Price in Portugal (CIF) - 2022
In 2022, the average sulphites import price amounted to $637 per ton, rising by 24% against the previous year. Over the period under review, the import price, however, saw a slight contraction. The import price peaked at $718 per ton in 2012; however, from 2013 to 2022, 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 ($855 per ton), while the price for Italy ($358 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.8%), while the prices for the other major suppliers experienced a decline.
Sulphites Price in Portugal (FOB) - 2023
In August 2023, the average sulphites export price amounted to $465 per ton, shrinking by -49.6% against the previous month. Overall, the export price continues to indicate a slight slump. The growth pace was the most rapid in October 2022 an increase of 90% against the previous month. As a result, the export price attained the peak level of $1,458 per ton. From November 2022 to August 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In August 2023, the country with the highest price was Angola ($590 per ton), while the average price for exports to Spain totaled $448 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-2.2%).
Sulphites Imports in Portugal
After three years of growth, supplies from abroad of sulphites decreased by -19% to 9.3K tons in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.8% 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 +32.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 46%. As a result, imports reached the peak of 12K tons, and then contracted significantly in the following year.
In value terms, sulphites imports reached $5.9M in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Sulphites in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 889 | 1,271 | 2,858 | 2,894 | 48.2% |
Italy | 542 | 715 | 971 | 1,134 | 27.9% |
Germany | 1,173 | 888 | 1,104 | 801 | -11.9% |
Turkey | 700 | 294 | 421 | 721 | 1.0% |
France | 93.5 | 113 | 427 | 186 | 25.8% |
Others | 38.2 | 159 | 126 | 203 | 74.5% |
Total | 3,435 | 3,440 | 5,907 | 5,939 | 20.0% |
Top Suppliers of Sulphites to Portugal in 2022:
- Spain (3.4K tons)
- Italy (3.2K tons)
- Germany (1.5K tons)
- Turkey (0.9K tons)
- France (0.1K tons)
Sulphites Exports in Portugal
In 2022, after three years of growth, there was significant decline in overseas shipments of sulphites, when their volume decreased by -56.4% to 784 tons. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2020 with an increase of 46%.
In value terms, sulphites exports fell significantly to $797K in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. As a result, the exports reached the peak of $1M, and then declined notably in the following year.
Export of Sulphites in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 437 | 611 | 887 | 711 | 17.6% |
Mozambique | 63.1 | 32.6 | 67.3 | 36.4 | -16.8% |
Angola | 18.2 | 59.7 | 32.7 | 23.3 | 8.6% |
Others | 23.1 | 4.4 | 57.4 | 25.9 | 3.9% |
Total | 541 | 708 | 1,044 | 797 | 13.8% |
Top Export Markets for Sulphites from Portugal in 2022:
- Spain (743.3 tons)
- Mozambique (16.0 tons)
- Angola (12.9 tons)
This report provides an in-depth analysis of the sulphites 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 20134133 - Sulphites
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
-
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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