Portugal: Dolomite Market 2024

Dolomite Market Size in Portugal

After two years of decline, the Portuguese dolomite market increased by 15% to $X in 2021. Over the period under review, consumption, however, continues to indicate a slight curtailment. Dolomite consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Dolomite Production in Portugal

In value terms, dolomite production soared to $X in 2021 estimated in export price. Overall, production, however, showed a slight contraction. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Dolomite Exports

Exports from Portugal

In 2021, shipments abroad of chalk and dolomite increased by 8.5% to X tons, rising for the third consecutive year after four years of decline. In general, exports, however, continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 2,468% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, dolomite exports soared to $X in 2021. Over the period under review, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 1,696% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons), Spain (X tons) and Germany (X tons) were the main destinations of dolomite exports from Portugal, together comprising 99% of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +161.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, France ($X) remains the key foreign market for chalk and dolomite exports from Portugal, comprising 67% of total exports. The second position in the ranking was held by Spain ($X), with a 17% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to +194.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-29.4% per year) and Germany (+67.8% per year).

Export Prices by Country

In 2021, the average dolomite export price amounted to $X per ton, rising by 105% against the previous year. Overall, the export price enjoyed a resilient expansion. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Spain ($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 Germany (+42.2%), while the prices for the other major destinations experienced more modest paces of growth.

Dolomite Imports

Imports into Portugal

Dolomite imports into Portugal shrank to X tons in 2021, waning by -6.5% against 2020 figures. Over the period under review, imports, however, saw a strong increase. The growth pace was the most rapid in 2017 when imports increased by 206% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, dolomite imports contracted to $X in 2021. In general, imports, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2017 when imports increased by 105% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Spain (X tons) constituted the largest dolomite supplier to Portugal, accounting for a 83% share of total imports. Moreover, dolomite imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold. Germany (X tons) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +19.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.1% per year) and Germany (-10.6% per year).

In value terms, Spain ($X) constituted the largest supplier of chalk and dolomite to Portugal, comprising 57% of total imports. The second position in the ranking was held by France ($X), with a 26% share of total imports. It was followed by Germany, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+2.5% per year) and Germany (-8.8% per year).

Import Prices by Country

The average dolomite import price stood at $X per ton in 2021, shrinking by -8% against the previous year. In general, the import price showed a pronounced reduction. The pace of growth was the most pronounced in 2016 when the average import price increased by 59% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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