Portugal - Acetone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcetone Price in Portugal - 2023
Contents:
- Acetone Price in Portugal (CIF) - 2023
- Acetone Price in Portugal (FOB) - 2022
- Acetone Imports in Portugal
- Acetone Exports in Portugal
Acetone Price in Portugal (CIF) - 2023
The average acetone import price stood at $1,583 per ton in June 2023, almost unchanged from the previous month. Over the period under review, import price indicated a modest increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, acetone import price increased by +3.4% against April 2023 indices. The pace of growth was the most pronounced in October 2022 when the average import price increased by 36% month-to-month. The import price peaked at $1,616 per ton in February 2023; afterwards, it flattened through to June 2023.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($1,587 per ton), while the price for Belgium stood at $1,224 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.2%), while the prices for the other major suppliers experienced a decline.
Acetone Price in Portugal (FOB) - 2022
In 2021, the average acetone export price amounted to $2,107 per ton, with an increase of 5.6% against the previous year. Over the period under review, the export price saw a strong increase. The most prominent rate of growth was recorded in 2020 an increase of 149%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was France ($6,058 per ton), while the average price for exports to Spain ($1,306 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 France (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.
Acetone Imports in Portugal
After two years of decline, purchases abroad of acetone increased by 0.1% to 4.9K tons in 2022. Over the period under review, imports, however, showed a slight shrinkage.
In value terms, acetone imports reduced to $5.9M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 36%. As a result, imports reached the peak of $6.8M, and then shrank in the following year.
| Import of Acetone in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Spain | 3,135 | 4,234 | 4,983 | 26.1% | |
| Netherlands | 97.4 | 320 | 828 | 191.6% | |
| Germany | 187 | 161 | 384 | 43.3% | |
| Belgium | 138 | 49.3 | 240 | 31.9% | |
| Russia | 14.2 | 58.5 | 146 | 220.7% | |
| Others | 106 | 143 | 173 | 27.8% | |
| Total | 3,678 | 4,967 | 6,753 | 35.5% | |
Top Suppliers of Acetone to Portugal in 2022:
- Spain (3727.3 tons)
- Netherlands (599.4 tons)
- Germany (248.2 tons)
- Belgium (160.0 tons)
- Russia (98.8 tons)
Acetone Exports in Portugal
In 2022, approx. 157 tons of acetone were exported from Portugal; surging by 49% against the year before. In general, exports recorded a relatively flat trend pattern.
In value terms, acetone exports surged to $320K in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 240%. As a result, the exports reached the peak of $417K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Acetone in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Spain | 58.0 | 147 | 107 | 35.8% | |
| France | 0.2 | 249 | 87.9 | 1996.4% | |
| Angola | 12.6 | 14.8 | 22.7 | 34.2% | |
| Netherlands | 38.2 | N/A | 0.1 | -94.9% | |
| Others | 13.5 | 6.7 | 5.5 | -36.2% | |
| Total | 122 | 417 | 223 | 35.2% | |
Top Export Markets for Acetone from Portugal in 2022:
- Netherlands (undefined tons)
- Spain (81.6 tons)
- France (14.5 tons)
- Angola (7.8 tons)
This report provides an in-depth analysis of the acetone 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 20146211 - Acetone
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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