Report Portugal - Chromates, Dichromates and Peroxochromates - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Portugal - Chromates, Dichromates and Peroxochromates - Market Analysis, Forecast, Size, Trends and Insights

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Portugal: Chromates Market 2024

Chromates Market Size in Portugal

The Portuguese chromates market declined to $X in 2022, which is down by -3.9% against the previous year. In general, consumption, however, showed a significant expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Chromates Production in Portugal

In value terms, chromates production dropped to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 48%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Chromates Exports

Exports from Portugal

In 2022, shipments abroad of chromates, dichromates and peroxochromates decreased by -79% to X kg, falling for the second year in a row after two years of growth. In general, exports showed a sharp contraction. The pace of growth was the most pronounced in 2016 when exports increased by 1,133%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, chromates exports contracted rapidly to $X in 2022. Overall, exports saw a precipitous decrease. The pace of growth appeared the most rapid in 2016 with an increase of 1,446%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Angola (X kg) was the main destination for chromates exports from Portugal, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Angola totaled -17.0%.

In value terms, Angola ($X) also remains the key foreign market for chromates, dichromates and peroxochromates exports from Portugal.

From 2012 to 2022, the average annual growth rate of value to Angola stood at +7.9%.

Export Prices by Country

The average chromates export price stood at $X per ton in 2022, picking up by 191% against the previous year. Over the period under review, the export price posted a resilient expansion. The pace of growth was the most pronounced in 2021 an increase of 206%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Angola.

From 2012 to 2022, the rate of growth in terms of prices for Angola amounted to +30.0% per year.

Chromates Imports

Imports into Portugal

Chromates imports into Portugal dropped to X tons in 2022, reducing by -9% on 2021 figures. Overall, imports, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2019 with an increase of 559% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, chromates imports rose to $X in 2022. Over the period under review, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2019 when imports increased by 178% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest chromates supplier to Portugal, accounting for a 67% share of total imports. Moreover, chromates imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Austria (X tons), fourfold. Spain (X kg) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands amounted to +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+1.6% per year) and Spain (+34.0% per year).

In value terms, the largest chromates suppliers to Portugal were Spain ($X), the Netherlands ($X) and Belgium ($X), together comprising 84% of total imports.

Spain, with a CAGR of +27.6%, recorded the highest growth rate of 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

The average chromates import price stood at $X per ton in 2022, surging by 15% against the previous year. Over the period under review, the import price posted a temperate expansion. The most prominent rate of growth was recorded in 2013 an increase of 218%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Belgium ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Russia, Turkey and Germany, together comprising 44% of global consumption. Kazakhstan, India, South Africa, Japan, China, Argentina, Italy, Estonia, Uruguay and Colombia lagged somewhat behind, together comprising a further 44%.
The countries with the highest volumes of in 2021 were Russia, South Africa and Kazakhstan, with a combined 74% share of global production. Turkey, Argentina, Estonia and Austria lagged somewhat behind, together accounting for a further 24%.
In value terms, Spain, the Netherlands and Belgium appeared to be the largest chromates suppliers to Portugal, with a combined 83% share of total imports.
In value terms, Angola remains the key foreign market for chromates exports from Portugal, comprising 90% of total exports. The second position in the ranking was occupied by the UK $121), with a 5.2% share of total exports.
In 2021, the average chromates export price amounted to $18,036 per ton, increasing by 57% against the previous year.
In 2021, the average chromates import price amounted to $7,881 per ton, jumping by 24% against the previous year.

This report provides an in-depth analysis of the chromates 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 20135125 - Chromates and dichromates, peroxochromates

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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