Portugal: Amine-Function Compounds Market 2024

Amine-Function Compounds Market Size in Portugal

The Portuguese amine-function compounds market dropped to $X in 2021, with a decrease of -8.3% against the previous year. Over the period under review, consumption showed a deep contraction. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Amine-Function Compounds Production in Portugal

In value terms, amine-function compounds production rose significantly to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt curtailment. The pace of growth was the most pronounced in 2017 when the production volume increased by 28% against the previous year. Amine-function compounds production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Amine-Function Compounds Exports

Exports from Portugal

In 2021, approx. X tons of amine-function compounds were exported from Portugal; growing by 22% compared with the previous year. The total export volume increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, amine-function compounds exports surged to $X in 2021. In general, total exports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons), Belgium (X tons) and the Netherlands (X tons) were the main destinations of amine-function compounds exports from Portugal, together accounting for 78% of total exports. Germany, the United States, Russia, France and Hungary lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +263.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for amine-function compounds exported from Portugal were Spain ($X), Belgium ($X) and the Netherlands ($X), with a combined 79% share of total exports. Germany, the United States, Russia, France and Hungary lagged somewhat behind, together accounting for a further 18%.

The United States, with a CAGR of +297.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average amine-function compounds export price amounted to $X per ton, rising by 67% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Hungary ($X per ton) and Spain ($X per ton), while the average price for exports to Germany ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Amine-Function Compounds Imports

Imports into Portugal

In 2021, overseas purchases of amine-function compounds were finally on the rise to reach X tons after two years of decline. In general, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, amine-function compounds imports soared to $X in 2021. Over the period under review, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 46% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest amine-function compounds supplier to Portugal, accounting for a 54% share of total imports. Moreover, amine-function compounds imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+13.1% per year) and the Netherlands (+41.7% per year).

In value terms, China ($X) constituted the largest supplier of amine-function compounds to Portugal, comprising 49% of total imports. The second position in the ranking was taken by Germany ($X), with a 21% share of total imports. It was followed by Spain, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.7% per year) and Spain (+2.7% per year).

Import Prices by Country

The average amine-function compounds import price stood at $X per ton in 2021, rising by 5.5% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 24%. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Spain ($X per ton) and Belgium ($X per ton), while the price for Germany ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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