Portugal: Market for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass 2025

Market Size for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Portugal

In 2022, the Portuguese pigments, opacifiers and colours market increased by 15% to $X, rising for the third consecutive year after six years of decline. Overall, consumption recorded a prominent increase. Pigments, opacifiers and colours consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Portugal

In value terms, pigments, opacifiers and colours production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by 317% against the previous year. Pigments, opacifiers and colours production peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Exports from Portugal

After two years of growth, overseas shipments of pigments, opacifiers and colours for ceramics, enamelling or glass decreased by -7.5% to X tons in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 43%. Over the period under review, the exports attained the maximum at X tons in 2021, and then contracted in the following year.

In value terms, pigments, opacifiers and colours exports reduced slightly to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 67% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then declined in the following year.

Exports by Country

Angola (X tons) was the main destination for pigments, opacifiers and colours exports from Portugal, with a 66% share of total exports. Moreover, pigments, opacifiers and colours exports to Angola exceeded the volume sent to the second major destination, Algeria (X tons), threefold. Spain (X tons) ranked third in terms of total exports with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume to Angola amounted to +20.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (+47.6% per year) and Spain (-12.0% per year).

In value terms, Algeria ($X) emerged as the key foreign market for pigments, opacifiers and colours for ceramics, enamelling or glass exports from Portugal, comprising 48% of total exports. The second position in the ranking was held by Angola ($X), with a 23% share of total exports. It was followed by Spain, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Algeria amounted to +36.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (+7.5% per year) and Spain (-5.3% per year).

Export Prices by Country

The average pigments, opacifiers and colours export price stood at $X per ton in 2022, surging by 6.6% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Angola ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.6%), while the prices for the other major destinations experienced a decline.

Imports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Imports into Portugal

In 2022, purchases abroad of pigments, opacifiers and colours for ceramics, enamelling or glass increased by 48% to X tons, rising for the second year in a row after three years of decline. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 69% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, pigments, opacifiers and colours imports skyrocketed to $X in 2022. Overall, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +119.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Spain (X tons) constituted the largest pigments, opacifiers and colours supplier to Portugal, accounting for a 88% share of total imports. Moreover, pigments, opacifiers and colours imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold. The third position in this ranking was held by Italy (X tons), with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+32.2% per year) and Italy (-0.8% per year).

In value terms, Spain ($X) constituted the largest supplier of pigments, opacifiers and colours for ceramics, enamelling or glass to Portugal, comprising 76% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 11% share of total imports. It was followed by Italy, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value from Spain totaled +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+26.9% per year) and Italy (-3.5% per year).

Import Prices by Country

In 2022, the average pigments, opacifiers and colours import price amounted to $X per ton, increasing by 3.6% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 33%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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