Report Update Nov 1, 2024

Portugal - P-Xylene - Market Analysis, Forecast, Size, Trends and Insights

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Portugal: P-Xylene Market 2024

P-Xylene Market Size in Portugal

The Portuguese p-xylene market skyrocketed to $X in 2021, growing by 20% against the previous year. In general, consumption enjoyed a prominent increase. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the near future.

P-Xylene Production in Portugal

In value terms, p-xylene production expanded remarkably to $X in 2021 estimated in export price. In general, production, however, faced a precipitous slump. The pace of growth appeared the most rapid in 2013 when the production volume increased by 12% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

P-Xylene Exports

Exports from Portugal

In 2021, p-xylene exports from Portugal declined remarkably to X kg, with a decrease of -93.4% compared with the previous year's figure. Overall, exports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2019 with an increase of 256%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, p-xylene exports contracted rapidly to $X in 2021. Over the period under review, exports faced a dramatic slump. The growth pace was the most rapid in 2019 when exports increased by 257% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X kg) was the main destination for p-xylene exports from Portugal, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Cote d'Ivoire was relatively modest.

In value terms, Cote d'Ivoire ($X) also remains the key foreign market for p-xylene exports from Portugal.

From 2012 to 2021, the average annual rate of growth in terms of value to Cote d'Ivoire amounted to +14.7%.

Export Prices by Country

In 2021, the average p-xylene export price amounted to $X per ton, surging by 58% against the previous year. In general, the export price posted moderate growth. The growth pace was the most rapid in 2020 an increase of 68% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to +14.7% per year.

P-Xylene Imports

Imports into Portugal

In 2021, the amount of p-xylene imported into Portugal skyrocketed to X tons, increasing by 20% compared with the previous year's figure. In general, imports saw a prominent increase. The pace of growth was the most pronounced in 2018 when imports increased by 36,028,582% 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.

In value terms, p-xylene imports surged to $X in 2021. Over the period under review, imports posted a prominent expansion. The growth pace was the most rapid in 2018 with an increase of 38,929,036%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest supplier of p-xylene to Portugal, with a 44% share of total imports. Moreover, p-xylene imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. Kuwait (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia amounted to +30.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+13.8% per year) and Kuwait (+23.0% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of p-xylene to Portugal, comprising 44% of total imports. The second position in the ranking was taken by India ($X), with a 13% share of total imports. It was followed by Kuwait, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Saudi Arabia totaled +38.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+8.4% per year) and Kuwait (+24.9% per year).

Import Prices by Country

The average p-xylene import price stood at $X per ton in 2021, jumping by 39% against the previous year. In general, the import price, however, saw a abrupt slump. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were India ($X per ton) and Belgium ($X per ton), while the price for Turkey ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+43.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for p-xylene in the world?

The countries with the highest volumes of in 2021 were China, South Korea and the United States, with a combined 40% share of global consumption.

What are the largest producers of p-xylene in the world?

South Korea remains the largest p-xylene producing country worldwide, comprising approx. 21% of total volume. Moreover, p-xylene production in South Korea exceeded the figures recorded by the second-largest producer, Japan, threefold. The third position in this ranking was occupied by the United States, with an 8.5% share.

What are the leading suppliers of p-xylene to Portugal?

In value terms, Saudi Arabia constituted the largest supplier of p-xylene to Portugal, comprising 44% of total imports. The second position in the ranking was occupied by India, with a 13% share of total imports. It was followed by Kuwait, with a 12% share.

What are the leading importers of p-xylene from Portugal?

In value terms, Cote d'Ivoire $405) remains the key foreign market for p-xylene exports from Portugal.

What is the average export price for p-xylene in Portugal?

The average p-xylene export price stood at $2,251 per ton in 2021, growing by 60% against the previous year.

What is the average import price for p-xylene in Portugal?

In 2021, the average p-xylene import price amounted to $848 per ton, growing by 39% against the previous year.

This report provides an in-depth analysis of the p-xylene 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 20141245 - p-Xylene

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