Portugal: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Portugal

The Portuguese mixed alkylbenzenes, mixed alkylnaphthalenes market soared to $X in 2021, surging by 18% against the previous year. The market value increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Mixed alkylbenzenes, mixed alkylnaphthalenes consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Production of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Portugal

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes production reduced modestly to $X in 2021 estimated in export price. In general, the total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +72.8% against 2012 indices. The most prominent rate of growth was recorded in 2020 with an increase of 7.6%. As a result, production reached the peak level of $X, and then dropped modestly in the following year.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports from Portugal

Mixed alkylbenzenes, mixed alkylnaphthalenes exports from Portugal soared to X tons in 2021, rising by 79% on 2020. Overall, exports, however, saw a precipitous slump. The most prominent rate of growth was recorded in 2018 when exports increased by 6,861%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports skyrocketed to $X in 2021. In general, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 11,686% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Cabo Verde (X tons), Guinea (X tons) and Cote d'Ivoire (X tons) were the main destinations of mixed alkylbenzenes, mixed alkylnaphthalenes exports from Portugal, with a combined 82% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Guinea (with a CAGR of +181.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mixed alkylbenzenes, mixed alkylnaphthalenes exported from Portugal were Cabo Verde ($X), Guinea ($X) and Angola ($X), with a combined 78% share of total exports.

Guinea, with a CAGR of +147.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average mixed alkylbenzenes, mixed alkylnaphthalenes export price stood at $X per ton in 2021, falling by -9% against the previous year. Overall, the export price, however, enjoyed strong growth. The growth pace was the most rapid in 2014 when the average export price increased by 102% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 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 Angola ($X per ton), while the average price for exports to Guinea ($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 Angola (+23.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports into Portugal

In 2021, mixed alkylbenzenes, mixed alkylnaphthalenes imports into Portugal dropped modestly to X tons, with a decrease of -1.8% on the previous year's figure. The total import volume increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by 21%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports skyrocketed to $X in 2021. In general, total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +64.9% against 2019 indices. The pace of growth was the most pronounced in 2018 when imports increased by 32% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Spain (X tons) was the main supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to Portugal, accounting for a 91% share of total imports. Moreover, mixed alkylbenzenes, mixed alkylnaphthalenes imports from Spain exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+264.4% per year) and Egypt (0.0% per year).

In value terms, Spain ($X) constituted the largest supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to Portugal, comprising 91% of total imports. The second position in the ranking was taken by Belgium ($X), with a 6.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Spain stood at +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+207.2% per year) and Egypt (0.0% per year).

Import Prices by Country

In 2021, the average mixed alkylbenzenes, mixed alkylnaphthalenes import price amounted to $X per ton, with an increase of 32% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Belgium ($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 (+0.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :