Report Update Nov 1, 2024

Portugal - Hydrogen Chloride (Hydrochloric Acid) - Market Analysis, Forecast, Size, Trends and Insights

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Portugal: Hydrogen Chloride Market 2024

Hydrogen Chloride Market Size in Portugal

After three years of growth, the Portuguese hydrogen chloride market decreased by -26.6% to $X in 2021. In general, consumption, however, saw a buoyant expansion. Hydrogen chloride consumption peaked at $X in 2020, and then reduced remarkably in the following year.

Hydrogen Chloride Production in Portugal

In value terms, hydrogen chloride production dropped slightly to $X in 2021 estimated in export price. Over the period under review, production enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 43% against the previous year. Hydrogen chloride production peaked at $X in 2020, and then dropped in the following year.

Hydrogen Chloride Exports

Exports from Portugal

In 2021, approx. X tons of hydrogen chloride (hydrochloric acid) were exported from Portugal; with an increase of 75% compared with 2020 figures. Over the period under review, total exports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +86.6% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydrogen chloride exports surged to $X in 2021. Overall, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tons) was the main destination for hydrogen chloride exports from Portugal, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain amounted to +2.4%.

In value terms, Spain ($X) also remains the key foreign market for hydrogen chloride (hydrochloric acid) exports from Portugal.

From 2012 to 2021, the average annual growth rate of value to Spain amounted to +1.4%.

Export Prices by Country

The average hydrogen chloride export price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to -1.2% per year.

Hydrogen Chloride Imports

Imports into Portugal

Hydrogen chloride imports into Portugal dropped to X tons in 2021, which is down by -13.8% on 2020. In general, imports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of 146%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, hydrogen chloride imports stood at $X in 2021. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2016 when imports increased by 104%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, Spain (X tons) constituted the largest hydrogen chloride supplier to Portugal, accounting for a 87% share of total imports. Moreover, hydrogen chloride imports from Spain exceeded the figures recorded by the second-largest supplier, Belgium (X tons), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +13.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+69.4% per year) and Sweden (-6.0% per year).

In value terms, Spain ($X) constituted the largest supplier of hydrogen chloride (hydrochloric acid) to Portugal, comprising 70% of total imports. The second position in the ranking was taken by Belgium ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Spain stood at +23.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+57.0% per year) and Sweden (-12.8% per year).

Import Prices by Country

In 2021, the average hydrogen chloride import price amounted to $X per ton, with an increase of 33% against the previous year. Overall, the import price posted prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 51%. The import price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+8.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hydrogen chloride (hydrochloric acid) in the world?

China constituted the country with the largest volume of hydrogen chloride consumption, accounting for 15% of total volume. Moreover, hydrogen chloride consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.1% share.

What are the largest producers of hydrogen chloride (hydrochloric acid) in the world?

China remains the largest hydrogen chloride producing country worldwide, comprising approx. 15% of total volume. Moreover, hydrogen chloride production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 6% share.

What are the leading suppliers of hydrogen chloride (hydrochloric acid) to Portugal?

In value terms, Spain constituted the largest supplier of hydrogen chloride to Portugal, comprising 75% of total imports. The second position in the ranking was occupied by Sweden, with a 14% share of total imports.

What are the leading importers of hydrogen chloride (hydrochloric acid) from Portugal?

In value terms, Spain remains the key foreign market for hydrogen chloride exports from Portugal.

What is the average export price for hydrogen chloride (hydrochloric acid) in Portugal?

The average hydrogen chloride export price stood at $24 per ton in 2020, shrinking by -6.6% against the previous year.

What is the average import price for hydrogen chloride (hydrochloric acid) in Portugal?

In 2020, the average hydrogen chloride import price amounted to $116 per ton, dropping by -14.5% against the previous year.

This report provides an in-depth analysis of the hydrogen chloride 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 20132413 - Hydrogen chloride (hydrochloric acid)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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