Portugal - Isocyanates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIsocyanates Price in Portugal - 2023
Contents:
- Isocyanates Price in Portugal (CIF) - 2023
- Isocyanates Price in Portugal (FOB) - 2023
- Isocyanates Imports in Portugal
- Isocyanates Exports in Portugal
Isocyanates Price in Portugal (CIF) - 2023
In June 2023, the average isocyanates import price amounted to $3,178 per ton, waning by -5.7% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 17% month-to-month. The import price peaked at $3,816 per ton in November 2022; however, from December 2022 to June 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were Belgium ($3,264 per ton) and Germany ($3,159 per ton), while the price for Hungary ($2,963 per ton) and Spain ($3,009 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Isocyanates Price in Portugal (FOB) - 2023
In June 2023, the average isocyanates export price amounted to $3,318 per ton, which is down by -6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in October 2022 when the average export price increased by 24% month-to-month. The export price peaked at $3,963 per ton in December 2022; however, from January 2023 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($9,851 per ton), while the average price for exports to Spain ($2,964 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Isocyanates Imports in Portugal
In 2022, imports of isocyanates into Portugal fell to 30K tons, which is down by -2.1% on the year before. Overall, imports saw a pronounced shrinkage. The smallest decline of -0.4% was in 2021.
In value terms, isocyanates imports expanded rapidly to $94M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.1% 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 +60.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 40% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Isocyanates in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 20.9 | 28.5 | 46.3 | 43.9 | 28.1% |
Germany | 15.2 | 14.7 | 17.9 | 18.3 | 6.4% |
Belgium | 10.0 | 4.2 | 9.0 | 13.5 | 10.5% |
Spain | 8.8 | 13.0 | 9.2 | 13.5 | 15.3% |
Netherlands | 0.9 | N/A | 1.3 | 1.7 | 23.6% |
France | 1.9 | 1.7 | 1.7 | 1.2 | -14.2% |
Others | 0.7 | 0.6 | 2.5 | 1.8 | 37.0% |
Total | 58.4 | 62.8 | 87.9 | 93.9 | 17.2% |
Top Suppliers of Isocyanates to Portugal in 2022:
- Hungary (14.3K tons)
- Germany (5.8K tons)
- Belgium (4.5K tons)
- Spain (4.1K tons)
- Netherlands (0.5K tons)
- France (0.4K tons)
Isocyanates Exports in Portugal
In 2022, the amount of isocyanates exported from Portugal soared to 1.8K tons, jumping by 64% compared with 2021 figures. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, isocyanates exports skyrocketed to $5.6M in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 48% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
Export of Isocyanates in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 2,014 | 1,441 | 858 | 5,123 | 36.5% |
Poland | 11.4 | 59.0 | 138 | 134 | 127.4% |
Germany | 242 | 1,198 | 1,548 | 128 | -19.1% |
Brazil | 313 | 172 | 632 | 58.3 | -42.9% |
Cuba | N/A | 477 | 161 | N/A | -66.2% |
Others | 52.6 | 540 | 573 | 119 | 31.3% |
Total | 2,634 | 3,888 | 3,909 | 5,562 | 28.3% |
Top Export Markets for Isocyanates from Portugal in 2022:
- Spain (1660.2 tons)
- Poland (34.2 tons)
- Germany (30.3 tons)
- Brazil (20.0 tons)
This report provides an in-depth analysis of the isocyanates 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 20144450 - Isocyanates
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
This report provides an in-depth analysis of the isocyanates market in Portugal.
This report provides an in-depth analysis of the market for compounds with other nitrogen function in Portugal.
This report provides an in-depth analysis of the global isocyanates market.
This report provides an in-depth analysis of the global market for compounds with other nitrogen function.
This report provides an in-depth analysis of the isocyanates market in Portugal.
This report provides an in-depth analysis of the market for compounds with other nitrogen function in Portugal.
This report provides an in-depth analysis of the global isocyanates market.
This report provides an in-depth analysis of the global market for compounds with other nitrogen function.
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