Portugal: Aniline Market 2024

Aniline Market Size in Portugal

The Portuguese aniline market dropped to $X in 2021, waning by -10.1% against the previous year. In general, consumption continues to indicate a abrupt setback. Aniline consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Aniline Production in Portugal

In value terms, aniline production expanded markedly to $X in 2021 estimated in export price. Overall, production recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 28% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Aniline Exports

Exports from Portugal

In 2021, aniline exports from Portugal surged to X tons, growing by 23% compared with 2020 figures. The total export volume increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, aniline exports surged to $X in 2021. In general, exports continue to indicate moderate growth. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X tons), Belgium (X tons) and the Netherlands (X tons) were the main destinations of aniline exports from Portugal, together accounting for 79% of total exports. These countries were followed by Germany, the United States, Russia, France and Hungary, which together accounted for a further 19%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +114.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aniline exported from Portugal were Spain ($X), Belgium ($X) and the Netherlands ($X), with a combined 80% share of total exports. These countries were followed by Germany, the United States, Russia, France and Hungary, which together accounted for a further 18%.

The United States, with a CAGR of +135.2%, saw the highest rates of growth with regard to the value of exports, in terms of 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 aniline export price amounted to $X per ton, surging by 71% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The export price peaked 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 highest price was recorded for prices to Hungary ($X per ton) and the United States ($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 (+9.7%), while the prices for the other major destinations experienced mixed trend patterns.

Aniline Imports

Imports into Portugal

In 2021, purchases abroad of aniline and its salts (excluding derivatives) increased by 123% to X kg for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, showed a significant decrease. The most prominent rate of growth was recorded in 2018 with an increase of 3,344% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, aniline imports amounted to $X in 2021. Overall, imports, however, continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2018 with an increase of 1,637%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Spain (X kg), France (X kg) and India (X kg) were the main suppliers of aniline imports to Portugal, with a combined 85% share of total imports. Germany and Belgium lagged somewhat behind, together accounting for a further 15%. Moreover, aniline imports in Spain exceeded the figures recorded by the second-largest supplier, France, twofold.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +18.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and India ($X) were the largest aniline suppliers to Portugal, with a combined 73% share of total imports.

Germany, with a CAGR of +44.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average aniline import price amounted to $X per ton, dropping by -49.1% against the previous year. Over the period under review, the import price, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 311%. As a result, import price attained the peak level of $X per ton, and then shrank notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+37.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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