Portugal: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Portugal

The Portuguese market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid shrank rapidly to $X in 2022, with a decrease of -16.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a deep slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports from Portugal

After three years of growth, shipments abroad of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by -85.8% to X tons in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 6,863% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid dropped significantly to $X in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 8,374% against the previous year. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from Portugal, accounting for a 66% share of total exports. Moreover, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Spain exceeded the volume sent to the second major destination, Ghana (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Spain stood at +25.6%.

In value terms, Spain ($X) and Ghana ($X) appeared to be the largest markets for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exported from Portugal worldwide.

Ghana, with a CAGR of +42.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid stood at $X per ton in 2022, growing by 3.5% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by +24.6% against 2019 indices. The growth pace was the most rapid in 2017 an increase of 46%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($X per ton), while the average price for exports to Spain amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+10.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports into Portugal

In 2022, purchases abroad of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by -31.2% to X tons, falling for the fourth year in a row after two years of growth. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 13%. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid fell to $X in 2022. Over the period under review, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 21% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), Spain (X tons) and the Netherlands (X tons) were the main suppliers of imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Portugal, with a combined 91% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +0.8%), while imports for the other leaders experienced a decline.

In value terms, Italy ($X), Spain ($X) and the Netherlands ($X) were the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid suppliers to Portugal, with a combined 95% share of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +1.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, with an increase of 24% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by +90.0% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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