Portugal: Cyclic Hydrocarbons Market 2025

Cyclic Hydrocarbons Market Size in Portugal

The Portuguese cyclic hydrocarbons market expanded remarkably to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, recorded a buoyant increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Cyclic Hydrocarbons Production in Portugal

In value terms, cyclic hydrocarbons production fell modestly to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Cyclic Hydrocarbons Exports

Exports from Portugal

In 2022, approx. X tons of cyclic hydrocarbons were exported from Portugal; declining by X% on 2021 figures. Over the period under review, exports saw a dramatic contraction. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, cyclic hydrocarbons exports declined markedly to $X in 2022. Overall, exports recorded a sharp setback. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for cyclic hydrocarbons exports from Portugal, with a X% share of total exports. It was followed by the United States (X tons), with a X% share of total exports. The Netherlands (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the Netherlands (X% per year).

In value terms, Spain ($X) emerged as the key foreign market for cyclic hydrocarbons exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average cyclic hydrocarbons export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced a decline.

Cyclic Hydrocarbons Imports

Imports into Portugal

Cyclic hydrocarbons imports into Portugal shrank to X tons in 2022, which is down by X% on the previous year. Over the period under review, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, cyclic hydrocarbons imports stood at $X in 2022. In general, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest cyclic hydrocarbons supplier to Portugal, with a X% share of total imports. Moreover, cyclic hydrocarbons imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was taken by India (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and India (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of cyclic hydrocarbons to Portugal, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average cyclic hydrocarbons import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, recorded a mild slump. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 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 Spain ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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