Cerium Compounds Price in Portugal - 2023

Contents:

  1. Cerium Compounds Price in Portugal (CIF) - 2022
  2. Cerium Compounds Price in Portugal (FOB) - 2022
  3. Cerium Compounds Imports in Portugal
  4. Cerium Compounds Exports in Portugal

Cerium Compounds Price in Portugal (CIF) - 2022

In 2022, the average cerium compounds import price amounted to $10,485 per ton, which is down by -4.1% against the previous year. In general, the import price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2014 when the average import price increased by 75%. The import price peaked at $35,737 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($33,193 per ton), while the price for Spain ($4,008 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Cerium Compounds Price in Portugal (FOB) - 2022

In 2022, the average cerium compounds export price amounted to $28,600 per ton, with an increase of 65% against the previous year. Overall, the export price enjoyed a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Angola.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +10.2% per year.

Cerium Compounds Imports in Portugal

In 2022, the amount of cerium compoundses imported into Portugal skyrocketed to 11 tons, with an increase of 23% against the previous year's figure. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 114%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, cerium compounds imports soared to $116K in 2022. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 51%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Cerium Compounds in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France22.137.143.651.332.4%
Austria22.020.225.426.26.0%
Czech RepublicN/AN/A10.416.760.6%
United KingdomN/AN/AN/A12.30%
Spain2.52.414.44.319.8%
Others5.25.34.44.6-4.0%
Total51.765.098.311630.9%

Top Suppliers of Cerium Compounds to Portugal in 2022:

  1. France (6.8 tons)
  2. Austria (1.8 tons)
  3. Spain (1.1 tons)
  4. Czech Republic (0.5 tons)
  5. United Kingdom (0.5 tons)

Cerium Compounds Exports in Portugal

In 2022, overseas shipments of cerium compoundses decreased by -92.9% to 5 kg, falling for the second year in a row after two years of growth. Overall, exports saw a precipitous decrease. The growth pace was the most rapid in 2020 with an increase of 9.4%. As a result, the exports reached the peak of 432 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, cerium compounds exports declined rapidly to $143 in 2022. In general, exports faced a sharp curtailment. The pace of growth was the most pronounced in 2020 with an increase of 12%. As a result, the exports attained the peak of $6.8K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Cerium Compounds in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AngolaN/AN/A0.10.10.0%
SpainN/A0.3N/AN/A0%
Belgium0.50.40.3N/A-22.5%
Cabo Verde0.5N/AN/AN/A0%
United Kingdom0.30.7N/AN/A133.3%
France4.75.30.8N/A-58.7%
OthersN/A0.1N/AN/A0%
Total6.06.81.20.1-74.5%

Top Export Markets for Cerium Compounds from Portugal in 2022:

  1. Angola (5.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cerium compounds - Portugal