Portugal: Zinc Oxide Market 2025

Zinc Oxide Market Size in Portugal

In 2022, the Portuguese zinc oxide market increased by X% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Zinc oxide consumption peaked in 2022 and is expected to retain growth in the near future.

Zinc Oxide Production in Portugal

In value terms, zinc oxide production shrank modestly to $X in 2022 estimated in export price. Overall, production showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Zinc oxide production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Zinc Oxide Exports

Exports from Portugal

In 2022, overseas shipments of zinc oxide and zinc peroxide increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports showed a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, zinc oxide exports soared to $X in 2022. In general, exports showed resilient growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Finland (X tons) was the main destination for zinc oxide exports from Portugal, accounting for a X% share of total exports. It was followed by Brazil (X tons), with a X% share of total exports. The third position in this ranking was held by Spain (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Finland stood at X.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Spain (X% per year).

In value terms, Finland ($X) emerged as the key foreign market for zinc oxide and zinc peroxide exports from Portugal, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Finland totaled X.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Spain (X% per year).

Export Prices by Country

The average zinc oxide export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price, however, showed modest growth. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Brazil ($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 (X%), while the prices for the other major destinations experienced a decline.

Zinc Oxide Imports

Imports into Portugal

In 2022, zinc oxide imports into Portugal dropped to X tons, waning by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then declined modestly in the following year.

In value terms, zinc oxide imports soared to $X in 2022. In general, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of zinc oxide to Portugal, with a X% share of total imports. Moreover, zinc oxide imports from Spain exceeded the figures recorded by the second-largest supplier, Finland (X tons), more than tenfold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Germany (X% per year).

In value terms, Spain ($X) constituted the largest supplier of zinc oxide and zinc peroxide to Portugal, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average zinc oxide import price amounted to $X per ton, rising by X% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc oxide import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 Belgium ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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