Portugal: Market for Inorganic Oxygen Compounds Of Non-Metals 2025

Market Size for Inorganic Oxygen Compounds Of Non-Metals in Portugal

The Portuguese market for inorganic oxygen compounds of non-metals dropped remarkably to $X in 2021, waning by -17.3% against the previous year. In general, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +9.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +19.0% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2020, and then contracted dramatically in the following year.

Production of Inorganic Oxygen Compounds Of Non-Metals in Portugal

In value terms, inorganic oxygen compounds of non-metals production declined sharply to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by 65% against the previous year. Inorganic oxygen compounds of non-metals production peaked at $X in 2020, and then fell significantly in the following year.

Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports from Portugal

In 2021, the amount of inorganic oxygen compounds of non-metals exported from Portugal fell modestly to X tons, dropping by -3.9% on the year before. In general, exports recorded a deep setback. The growth pace was the most rapid in 2013 with an increase of 255%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, inorganic oxygen compounds of non-metals exports contracted significantly to $X in 2021. Over the period under review, exports saw a perceptible reduction. The pace of growth was the most pronounced in 2013 with an increase of 242%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for inorganic oxygen compounds of non-metals exports from Portugal, accounting for a approx. 98% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Spain totaled -5.4%.

In value terms, Spain ($X) also remains the key foreign market for inorganic oxygen compounds of non-metals exports from Portugal.

From 2012 to 2021, the average annual growth rate of value to Spain stood at -2.6%.

Export Prices by Country

In 2021, the average export price for inorganic oxygen compounds of non-metals amounted to $X per ton, declining by -49.6% against the previous year. In general, the export price, however, posted a notable increase. The growth pace was the most rapid in 2020 when the average export price increased by 143% against the previous year. As a result, the export price attained the peak level of $X per ton, and then contracted notably in the following year.

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 +2.9% per year.

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports into Portugal

For the fourth consecutive year, Portugal recorded decline in supplies from abroad of inorganic oxygen compounds of non-metals, which decreased by -34.1% to X tons in 2021. Overall, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 106% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, inorganic oxygen compounds of non-metals imports declined notably to $X in 2021. In general, imports showed a perceptible decrease. The pace of growth was the most pronounced in 2014 with an increase of 35%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) was the main inorganic oxygen compounds of non-metals supplier to Portugal, accounting for a approx. 97% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to -1.9%.

In value terms, Spain ($X) constituted the largest supplier of inorganic oxygen compounds of non-metals to Portugal.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at -4.5%.

Import Prices by Country

The average import price for inorganic oxygen compounds of non-metals stood at $X per ton in 2021, surging by 17% against the previous year. Over the period under review, the import price, however, saw a noticeable shrinkage. The growth pace was the most rapid in 2020 when the average import price increased by 32% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, 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 -2.6% per year.

Source: IndexBox Platform

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