Portugal: Market for Calcined And Sintered Dolomite 2024

Market Size for Calcined And Sintered Dolomite in Portugal

The Portuguese calcined and sintered dolomite market reached $X in 2021, leveling off at the previous year. In general, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -3.1% against 2018 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Calcined And Sintered Dolomite in Portugal

In value terms, calcined and sintered dolomite production shrank to $X in 2021 estimated in export price. In general, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +30.1% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of 46% against the previous year. Calcined and sintered dolomite production peaked at $X in 2020, and then contracted in the following year.

Exports of Calcined And Sintered Dolomite

Exports from Portugal

After two years of growth, overseas shipments of calcined and sintered dolomite decreased by -37.8% to X tons in 2021. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 247%. The exports peaked at X tons in 2020, and then contracted significantly in the following year.

In value terms, calcined and sintered dolomite exports fell dramatically to $X in 2021. Over the period under review, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2019 when exports increased by 177%. Over the period under review, the exports attained the maximum at $X in 2020, and then contracted significantly in the following year.

Exports by Country

Spain (X tons) was the main destination for calcined and sintered dolomite exports from Portugal, accounting for a 93% share of total exports. Moreover, calcined and sintered dolomite exports to Spain exceeded the volume sent to the second major destination, Cameroon (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain totaled +34.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cameroon (-61.6% per year) and Central African Republic (+22.4% per year).

In value terms, Spain ($X) remains the key foreign market for calcined and sintered dolomite exports from Portugal, comprising 89% of total exports. The second position in the ranking was held by Cameroon ($X), with a 5.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Spain amounted to +24.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cameroon (-59.2% per year) and Central African Republic (+24.8% per year).

Export Prices by Country

The average calcined and sintered dolomite export price stood at $X per ton in 2021, picking up by 2.7% against the previous year. Over the period under review, the export price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by 14%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Cameroon ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Calcined And Sintered Dolomite

Imports into Portugal

In 2021, the amount of calcined and sintered dolomite imported into Portugal expanded rapidly to X tons, picking up by 9.3% on the previous year. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 193% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, calcined and sintered dolomite imports surged to $X in 2021. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2019 when imports increased by 157% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, Spain (X tons) was the main supplier of calcined and sintered dolomite to Portugal, with a 94% share of total imports. Moreover, calcined and sintered dolomite imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +37.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-14.0% per year) and Italy (+0.4% per year).

In value terms, Spain ($X) constituted the largest supplier of calcined and sintered dolomite to Portugal, comprising 82% of total imports. The second position in the ranking was held by Italy ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Spain stood at +38.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.9% per year) and France (+6.1% per year).

Import Prices by Country

The average calcined and sintered dolomite import price stood at $X per ton in 2021, rising by 16% against the previous year. Overall, the import price, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2018 an increase of 29%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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