Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Portugal - 2023

Contents:

  1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Portugal (CIF) - 2022
  2. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Portugal (FOB) - 2022
  3. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Portugal
  4. Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Portugal

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Portugal (CIF) - 2022

In 2022, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $2,167 per ton, increasing by 34% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($9,372 per ton), while the price for Italy ($1,336 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Portugal (FOB) - 2022

In 2022, the average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $5,976 per ton, growing by 23% against the previous year. In general, the export price, however, continues to indicate a sharp slump. The most prominent rate of growth was recorded in 2014 an increase of 998%. The export price peaked at $59,833 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($10,579 per ton), while the average price for exports to Spain ($4,295 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+0.7%), while the prices for the other major destinations experienced a decline.

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Portugal

In 2022, approx. 86 tons of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses were imported into Portugal; reducing by -44.2% against the previous year. Over the period under review, imports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 20%.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses contracted significantly to $186K in 2022. In general, imports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 33%.

Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain498112213131-35.9%
Italy15.914.618.318.65.4%
Germany2.34.05.814.383.9%
France0.92.42.012.9142.9%
Netherlands51.215.96.98.5-45.0%
ChinaN/A36.1N/AN/A0%
Others0.81.32.31.07.7%
Total569186248186-31.1%

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Portugal in 2022:

  1. Spain (61.5 tons)
  2. Italy (13.9 tons)
  3. France (4.7 tons)
  4. Netherlands (4.1 tons)
  5. Germany (1.5 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Portugal

After three years of growth, overseas shipments of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses decreased by -80.9% to 786 kg in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,451%. As a result, the exports attained the peak of 4.1 tons, and then contracted remarkably in the following year.

In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses dropped significantly to $4.7K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,522%. As a result, the exports attained the peak of $20K, and then reduced sharply in the following year.

Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.71.019.13.062.4%
NetherlandsN/AN/A0.20.4100.0%
CyprusN/AN/A0.50.3-40.0%
Others0.20.20.21.071.0%
Total0.81.220.04.780.4%

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Portugal in 2022:

  1. Spain (708.0 kg)
  2. Netherlands (38.0 kg)
  3. Cyprus (24.0 kg)

Source: IndexBox Market Intelligence Platform

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