Portugal - Ammonium Sulphate - Market Analysis, Forecast, Size, Trends and Insights
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Ammonium Sulphate Market Size in Portugal
In 2022, the Portuguese ammonium sulphate market increased by 29% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption continues to indicate a perceptible slump. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.
Ammonium Sulphate Production in Portugal
In value terms, ammonium sulphate production reduced slightly to $X in 2022 estimated in export price. In general, production saw a deep contraction. The pace of growth appeared the most rapid in 2013 when the production volume increased by 24%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.
Ammonium Sulphate Exports
Exports from Portugal
After three years of growth, shipments abroad of ammonium sulphate decreased by -89.1% to X tons in 2022. In general, exports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 655% against the previous year. As a result, the exports reached the peak of X tons, and then reduced remarkably in the following year.
In value terms, ammonium sulphate exports declined notably to $X in 2022. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 402% against the previous year. As a result, the exports attained the peak of $X, and then declined sharply in the following year.
Exports by Country
Spain (X tons) was the main destination for ammonium sulphate exports from Portugal, accounting for a 95% share of total exports. Moreover, ammonium sulphate exports to Spain exceeded the volume sent to the second major destination, Angola (X tons), more than tenfold.
From 2012 to 2022, the average annual growth rate of volume to Spain totaled +2.1%.
In value terms, Spain ($X) remains the key foreign market for ammonium sulphate exports from Portugal, comprising 71% of total exports. The second position in the ranking was taken by Angola ($X), with a 21% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Spain totaled -6.4%.
Export Prices by Country
The average ammonium sulphate export price stood at $X per ton in 2022, picking up by 24% against the previous year. Overall, the export price, however, recorded a deep setback. The pace of growth appeared the most rapid in 2017 an increase of 97%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Spain stood at $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+8.7%).
Ammonium Sulphate Imports
Imports into Portugal
In 2022, purchases abroad of ammonium sulphate decreased by -62.9% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 96%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.
In value terms, ammonium sulphate imports fell rapidly to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 177%. As a result, imports reached the peak of $X, and then dropped rapidly in the following year.
Imports by Country
In 2022, Spain (X tons) constituted the largest supplier of ammonium sulphate to Portugal, accounting for a 86% share of total imports. Moreover, ammonium sulphate imports from Spain exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sixfold.
From 2012 to 2022, the average annual growth rate of volume from Spain stood at -5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+0.5% per year) and the Netherlands (-39.4% per year).
In value terms, Spain ($X) constituted the largest supplier of ammonium sulphate to Portugal, comprising 88% of total imports. The second position in the ranking was taken by Belgium ($X), with an 11% share of total imports.
From 2012 to 2022, the average annual growth rate of value from Spain amounted to +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+6.4% per year) and the Netherlands (-37.8% per year).
Import Prices by Country
The average ammonium sulphate import price stood at $X per ton in 2022, increasing by 81% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the ammonium sulphate 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:
- FCL 4002 -
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
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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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