Portugal - Animal Or Vegetable Fats And Oils Chemically Modified - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChemically Modified Oils Price in Portugal - 2023
Contents:
- Chemically Modified Oils Price in Portugal (CIF) - 2023
- Chemically Modified Oils Price in Portugal (FOB) - 2023
- Chemically Modified Oils Imports in Portugal
- Chemically Modified Oils Exports in Portugal
Chemically Modified Oils Price in Portugal (CIF) - 2023
The average chemically modified oils import price stood at $1,266 per ton in August 2023, surging by 4.7% against the previous month. In general, the import price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in January 2023 an increase of 6.3% month-to-month. Over the period under review, average import prices attained the maximum at $1,702 per ton in August 2022; however, from September 2022 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2,154 per ton), while the price for Kuwait ($899 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (-0.4%), while the prices for the other major suppliers experienced a decline.
Chemically Modified Oils Price in Portugal (FOB) - 2023
In August 2023, the average chemically modified oils export price amounted to $942 per ton, falling by -6.8% against the previous month. Overall, the export price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in March 2023 when the average export price increased by 22% month-to-month. Over the period under review, the average export prices attained the peak figure at $1,328 per ton in January 2023; however, from February 2023 to August 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In August 2023, the country with the highest price was Spain ($986 per ton), while the average price for exports to the Netherlands stood at $763 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.0%), while the prices for the other major destinations experienced a decline.
Chemically Modified Oils Imports in Portugal
In 2022, after two years of decline, there was significant growth in supplies from abroad of animal or vegetable fats and oils chemically modified, when their volume increased by 14% to 181K tons. Overall, imports, however, showed a noticeable contraction.
In value terms, chemically modified oils imports surged to $296M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Chemically Modified Oils in Portugal (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 96.1 | 64.0 | 119 | 233 | 34.3% |
Belgium | 1.7 | N/A | 15.7 | 20.0 | 127.4% |
Netherlands | 12.3 | 36.3 | 36.0 | 18.8 | 15.2% |
Japan | 9.6 | 8.7 | 9.9 | 3.9 | -25.9% |
China | 6.9 | 5.5 | 0.6 | N/A | -70.5% |
Malaysia | 5.1 | 10.6 | 6.1 | N/A | 9.4% |
Others | 9.4 | 17.5 | 14.6 | 19.5 | 27.5% |
Total | 141 | 143 | 202 | 296 | 28.0% |
Top Suppliers of Chemically Modified Oils to Portugal in 2022:
- Spain (142.4K tons)
- Belgium (11.8K tons)
- Netherlands (10.9K tons)
- Japan (3.0K tons)
Chemically Modified Oils Exports in Portugal
In 2022, the amount of animal or vegetable fats and oils chemically modified exported from Portugal shrank sharply to 26K tons, reducing by -24.9% on 2021. In general, exports saw a slight decrease. The pace of growth appeared the most rapid in 2021 with an increase of 62%. As a result, the exports attained the peak of 35K tons, and then dropped sharply in the following year.
In value terms, chemically modified oils exports dropped sharply to $30M in 2022. Overall, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by 112% against the previous year. As a result, the exports attained the peak of $36M, and then fell rapidly in the following year.
Export of Chemically Modified Oils in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 14.5 | 15.7 | 33.1 | 26.5 | 22.3% |
Netherlands | 0.1 | N/A | 2.4 | 2.2 | 180.2% |
United Kingdom | 2.8 | 0.1 | N/A | N/A | -96.4% |
Others | 1.4 | 1.3 | 0.9 | 0.8 | -17.0% |
Total | 18.9 | 17.1 | 36.3 | 29.6 | 16.1% |
Top Export Markets for Chemically Modified Oils from Portugal in 2022:
- United Kingdom (undefinedK tons)
- Spain (24.0K tons)
- Netherlands (1.9K tons)
This report provides an in-depth analysis of the chemically modified oils 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 20592000 - Animal or vegetable fats and oils chemically modified
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
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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
This report provides an in-depth analysis of the chemically modified oils market in Portugal.
This report provides an in-depth analysis of the global chemically modified oils market.
This report provides an in-depth analysis of the chemically modified oils market in Portugal.
This report provides an in-depth analysis of the global chemically modified oils market.
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