Portugal: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in Portugal

In 2021, the Portuguese scouring pastes and powders market decreased by -18.6% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption continues to indicate a perceptible decline. Scouring pastes and powders consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Scouring Pastes And Powders in Portugal

In value terms, scouring pastes and powders production reduced slightly to $X in 2021 estimated in export price. Overall, production showed a drastic downturn. The growth pace was the most rapid in 2019 with an increase of 94%. Scouring pastes and powders production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Scouring Pastes And Powders

Exports from Portugal

In 2021, after two years of growth, there was significant decline in overseas shipments of scouring pastes and powders, when their volume decreased by -59.1% to X tons. Overall, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 141% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, scouring pastes and powders exports fell markedly to $X in 2021. Over the period under review, exports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2015 when exports increased by 167%. Over the period under review, the exports attained the peak figure at $X in 2020, and then contracted dramatically in the following year.

Exports by Country

Spain (X tons) was the main destination for scouring pastes and powders exports from Portugal, with a 89% share of total exports. Moreover, scouring pastes and powders exports to Spain exceeded the volume sent to the second major destination, Angola (X kg), more than tenfold. The UK (X kg) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume to Spain amounted to +30.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (-34.5% per year) and the UK (0.0% per year).

In value terms, Spain ($X) remains the key foreign market for scouring pastes and powders exports from Portugal, comprising 74% of total exports. The second position in the ranking was taken by the UK ($X), with an 8% share of total exports. It was followed by Angola, with a 7% share.

From 2012 to 2021, the average annual growth rate of value to Spain stood at +25.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (0.0% per year) and Angola (-25.7% per year).

Export Prices by Country

In 2021, the average scouring pastes and powders export price amounted to $X per ton, picking up by 13% against the previous year. Overall, the export price enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2015 an increase of 151%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average 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 Morocco ($X per ton), while the average price for exports to Spain ($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 Italy (+76.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Scouring Pastes And Powders

Imports into Portugal

Scouring pastes and powders imports into Portugal fell to X tons in 2021, which is down by -9.9% compared with the year before. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 172%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, scouring pastes and powders imports declined sharply to $X in 2021. In general, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of 61% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then fell sharply in the following year.

Imports by Country

In 2021, Hungary (X tons) constituted the largest supplier of scouring pastes and powders to Portugal, accounting for a 72% share of total imports. Moreover, scouring pastes and powders imports from Hungary exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. Spain (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Hungary amounted to +198.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+23.4% per year) and Spain (-8.6% per year).

In value terms, Hungary ($X) constituted the largest supplier of scouring pastes and powders to Portugal, comprising 51% of total imports. The second position in the ranking was taken by Spain ($X), with a 21% share of total imports. It was followed by Italy, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Hungary totaled +144.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-2.9% per year) and Italy (+10.4% per year).

Import Prices by Country

In 2021, the average scouring pastes and powders import price amounted to $X per ton, with a decrease of -18.8% against the previous year. In general, the import price showed a pronounced decline. The pace of growth appeared the most rapid in 2019 when the average import price increased by 21% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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