Portugal - Prepared Explosives - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Portugal - Prepared Explosives - Market Analysis, Forecast, Size, Trends and Insights

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Explosives Price in Portugal - 2023

Contents:

  1. Explosives Price in Portugal (FOB) - 2023
  2. Explosives Price in Portugal (CIF) - 2022
  3. Explosives Exports in Portugal
  4. Explosives Imports in Portugal

Explosives Price in Portugal (FOB) - 2023

The average explosives export price stood at $1,340 per ton in July 2023, increasing by 3.6% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in September 2022 when the average export price increased by 18% month-to-month. The export price peaked at $1,491 per ton in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Ghana ($3,269 per ton), while the average price for exports to Spain ($1,252 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Explosives Price in Portugal (CIF) - 2022

The average explosives import price stood at $2,985 per ton in 2022, waning by -3.7% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, explosives import price decreased by -6.3% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by 77% against the previous year. Over the period under review, average import prices attained the peak figure at $3,651 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Sweden ($22,013 per ton), while the price for Spain totaled $2,043 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.2%).

Explosives Exports in Portugal

For the fourth year in a row, Portugal recorded growth in shipments abroad of prepared explosives, which increased by 5.9% to 5.1K tons in 2022. The total export volume increased at an average annual rate of +9.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 18% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, explosives exports skyrocketed to $6.3M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +94.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Explosives in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2,1572,8143,0514,97732.1%
Ghana4063555034291.9%
Finland302319207299-0.3%
Belgium21263019029211.3%
Cabo Verde80.775.099.316326.4%
Others64.914638310316.6%
Total3,2224,3394,4336,26324.8%

Top Export Markets for Explosives from Portugal in 2022:

  1. Spain (4481.6 tons)
  2. Belgium (240.3 tons)
  3. Ghana (136.0 tons)
  4. Finland (93.6 tons)
  5. Cabo Verde (80.0 tons)

Explosives Imports in Portugal

For the fourth consecutive year, Portugal recorded growth in overseas purchases of prepared explosives, which increased by 20% to 498 tons in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 164% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, explosives imports skyrocketed to $1.5M in 2022. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 157%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Explosives in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain15922662796982.7%
Sweden12324933651260.9%
GermanyN/AN/A158N/A0%
FinlandN/AN/A50.4N/A0%
PolandN/A25.5116N/A354.9%
OthersN/A0.5N/A4.9213.0%
Total2825011,2871,48674.0%

Top Suppliers of Explosives to Portugal in 2022:

  1. Spain (474.5 tons)
  2. Sweden (23.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the explosives 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 20511150 - Prepared explosives (excluding propellant powders)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Which Country Imports the Most Prepared Explosives in the World?
May 28, 2018
Eye 1511

In 2016, the global imports of explosives stood at X tons, moving up by X% against the previous year figure. Overall, explosives imports continue to indicate a prominent expansion. The pace of ...

Which Country Exports the Most Prepared Explosives in the World?
May 28, 2018
Eye 1244

In 2016, the global imports of explosives stood at X tons, moving up by X% against the previous year figure. Overall, explosives imports continue to indicate a prominent expansion. The pace of ...

Which Country Imports the Most Explosives in the World?
Jul 26, 2018
Eye 1779

In value terms, explosives imports amounted to $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over th...

Which Country Exports the Most Explosives in the World?
Jul 26, 2018
Eye 1734

In value terms, explosives exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the la...

Which Country Imports the Most Prepared Explosives in the World?
May 28, 2018
Eye 1511

In 2016, the global imports of explosives stood at X tons, moving up by X% against the previous year figure. Overall, explosives imports continue to indicate a prominent expansion. The pace of ...

Which Country Exports the Most Prepared Explosives in the World?
May 28, 2018
Eye 1244

In 2016, the global imports of explosives stood at X tons, moving up by X% against the previous year figure. Overall, explosives imports continue to indicate a prominent expansion. The pace of ...

Free Data: Prepared Explosives - Portugal