Report Update Nov 1, 2024

Portugal - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends and Insights

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Portugal: Sodium Triphosphate Market 2024

Sodium Triphosphate Market Size in Portugal

The Portuguese sodium triphosphate market reduced to $X in 2021, waning by -9.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Sodium Triphosphate Exports

Exports from Portugal

After two years of decline, shipments abroad of sodium triphosphate (sodium tripolyphosphates) increased by 245% to X tons in 2021. Over the period under review, exports, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2014 when exports increased by 270%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, sodium triphosphate exports soared to $X in 2021. In general, exports, however, continue to indicate a perceptible curtailment. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Angola (X tons) was the main destination for sodium triphosphate exports from Portugal, with a 80% share of total exports. Moreover, sodium triphosphate exports to Angola exceeded the volume sent to the second major destination, Spain (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Angola totaled -6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-24.8% per year) and Cabo Verde (+4.6% per year).

In value terms, Angola ($X) remains the key foreign market for sodium triphosphate exports from Portugal, comprising 87% of total exports. The second position in the ranking was held by Spain ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Angola stood at -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-24.3% per year) and Cabo Verde (-10.1% per year).

Export Prices by Country

In 2021, the average sodium triphosphate export price amounted to $X per ton, with an increase of 10% against the previous year. In general, export price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sodium triphosphate export price decreased by -23.8% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 64%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Angola ($X per ton), while the average price for exports to Spain ($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 Angola (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.

Sodium Triphosphate Imports

Imports into Portugal

In 2021, imports of sodium triphosphate (sodium tripolyphosphates) into Portugal fell significantly to X tons, waning by -19.5% on the previous year's figure. Over the period under review, imports showed a slight shrinkage. The growth pace was the most rapid in 2016 with an increase of 37% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, sodium triphosphate imports reduced modestly to $X in 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 32% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), China (X tons) and France (X tons) were the main suppliers of sodium triphosphate imports to Portugal, with a combined 90% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +40.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sodium triphosphate suppliers to Portugal were Spain ($X), China ($X) and France ($X), with a combined 88% share of total imports.

France, with a CAGR of +39.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sodium triphosphate import price stood at $X per ton in 2021, jumping by 20% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The import price peaked at $X per ton in 2014; afterwards, it flattened through to 2021.

Prices varied noticeably country of origin: the country with the highest price was Poland ($X per ton), while the price for Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+7.2%), 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 sodium triphosphate (sodium tripolyphosphates) in the world?

The country with the largest volume of sodium triphosphate consumption was China, accounting for 38% of total volume. Moreover, sodium triphosphate consumption in China exceeded the figures recorded by the second-largest consumer, Tunisia, fourfold. The third position in this ranking was occupied by Kazakhstan, with a 6.2% share.

What are the largest producers of sodium triphosphate (sodium tripolyphosphates) in the world?

China constituted the country with the largest volume of sodium triphosphate production, accounting for 52% of total volume. Moreover, sodium triphosphate production in China exceeded the figures recorded by the second-largest producer, Tunisia, fourfold. Belgium ranked third in terms of total production with a 9.8% share.

What are the leading suppliers of sodium triphosphate (sodium tripolyphosphates) to Portugal?

In value terms, the largest sodium triphosphate suppliers to Portugal were Spain, China and France, with a combined 88% share of total imports.

What are the leading importers of sodium triphosphate (sodium tripolyphosphates) from Portugal?

In value terms, Angola remains the key foreign market for sodium triphosphate exports from Portugal, comprising 87% of total exports. The second position in the ranking was occupied by Spain, with an 11% share of total exports.

What is the average export price for sodium triphosphate (sodium tripolyphosphates) in Portugal?

In 2021, the average sodium triphosphate export price amounted to $2,438 per ton, increasing by 20% against the previous year.

What is the average import price for sodium triphosphate (sodium tripolyphosphates) in Portugal?

In 2021, the average sodium triphosphate import price amounted to $1,370 per ton, rising by 20% against the previous year.

This report provides an in-depth analysis of the sodium triphosphate 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 20134270 - Sodium triphosphate (sodium tripolyphosphates)

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:

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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
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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