Portugal: Gold Ore Market 2020

Gold Ore Market Size in Portugal

The revenue of the gold ore market in Portugal amounted to $X in 2017, lowering by -X% against the previous year. In general, gold ore consumption continues to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2009, when it surged by X% against the previous year. Over the period under review, the gold ore market reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Gold Ore Production in Portugal

In 2017, the amount of gold ores and concentrates produced in Portugal stood at X kg, leveling off at the previous year. In general, gold ore production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, with an increase of X% year-to-year. Over the period under review, the gold ore production attained its maximum volume of X kg in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Gold Ore Exports from Portugal

In 2017, approx. X tons of gold ores and concentrates were exported from Portugal; going up by X% against the previous year. Overall, gold ore exports continue to indicate a remarkable growth. The pace of growth was the most pronounced in 2012, when it surged by X% y-o-y. Over the period under review, the gold ore exports reached its maximum volume in 2017, and are likely to see steady growth in the near future.

In value terms, gold ore exports amounted to $X in 2017. Overall, gold ore exports continue to indicate an outstanding expansion. Portugal exports peaked in 2017, and are likely to see steady growth in the near future.

Gold Ore Exports by Country from Portugal

In 2017, Australia (X tons) was the largest exporter for gold ores and concentrates, committing X% of total exports. Russia (X tons) held the second position in the ranking, distantly followed by Turkey (X tons) and Tanzania (X tons). All these countries together occupied near X% share of total exports. Greece (X tons), Ecuador (X tons), Papua New Guinea (X tons), Peru (X tons), Malaysia (X tons) and Spain (X tons) took the weak share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Greece (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the largest gold ore supplier from Portugal, making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Tanzania, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Australia amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+X% per year) and Tanzania (+X% per year).

Gold Ore Export Prices by Country in Portugal

In 2017, the gold ore export price in Portugal amounted to $X per ton, increasing by X% against the previous year. Overall, gold ore export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2009, when it surged by X% against the previous year. Portugal export price peaked in 2017, and is expected to retain its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Tanzania ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Greece (+X% per year), while the other leaders experienced more modest paces of growth.

Gold Ore Imports into Portugal

In 2017, approx. X kg of gold ores and concentrates were imported into Portugal; coming down by -X% against the previous year. In general, gold ore imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. Over the period under review, the gold ore imports attained its peak figure volume of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, gold ore imports amounted to $X in 2017. In general, gold ore imports continue to indicate an abrupt drop. Over the period under review, the gold ore imports attained its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Gold Ore Imports by Country into Portugal

In 2017, South Korea (X tons), distantly followed by China (X tons), the UK (X tons) and Mexico (X tons) represented the major importers of gold ores and concentrates, together creating X% of total imports. The following importers - the Philippines (X tons), Kazakhstan (X tons), Belgium (X tons) and India (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported gold ores and concentrates into Portugal, making up X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

In China, gold ore imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: the UK (-X% per year) and South Korea (+X% per year).

Gold Ore Import Prices by Country in Portugal

In 2017, the gold ore import price in Portugal amounted to $X per ton, approximately equating the previous year. Overall, gold ore import price continues to indicate a relatively flat trend pattern. Portugal import price peaked of $X per ton in 2007; afterwards, it flattened through to 2017.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Philippines ($X per kg), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Philippines (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform