Price for Iodides and Iodide Oxides in Portugal - 2023

Contents:

1. Price for Iodides and Iodide Oxides in Portugal (CIF) - 2022
2. Price for Iodides and Iodide Oxides in Portugal (FOB) - 2022
3. Imports of Iodides and Iodide Oxides in Portugal
4. Exports of Iodides and Iodide Oxides in Portugal

Price for Iodides and Iodide Oxides in Portugal (CIF) - 2022

The average iodides and iodide oxides import price stood at $49,800 per ton in 2022, jumping by 59% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The growth pace was the most rapid in 2015 when the average import price increased by 71%. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 ($63,404 per ton), while the price for India ($36,258 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iodides and Iodide Oxides in Portugal (FOB) - 2022

The average iodides and iodide oxides export price stood at $118,911 per ton in 2022, surging by 4.4% against the previous year. Overall, the export price continues to indicate tangible growth. The most prominent rate of growth was recorded in 2018 an increase of 66%. As a result, the export price attained the peak level of $163,100 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($125,368 per ton), while the average price for exports to Sao Tome and Principe ($10,625 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 Cabo Verde (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iodides and Iodide Oxides in Portugal

In 2022, approx. 6.1 tons of iodides and iodide oxideses were imported into Portugal; reducing by -22.6% on 2021. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of 7.9 tons, and then declined notably in the following year.

In value terms, iodides and iodide oxides imports soared to $305K in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Iodides and Iodide Oxides to Portugal in 2022:

1. Spain (5.4 tons)
2. Germany (0.4 tons)
3. India (0.2 tons)
4. France (0.1 tons)

Exports of Iodides and Iodide Oxides in Portugal

In 2022, shipments abroad of iodides and iodide oxideses was finally on the rise to reach 157 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, iodides and iodide oxides exports soared to $19K in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Iodides and Iodide Oxides from Portugal in 2022:

1. Angola (144.0 kg)
2. Sao Tome and Principe (8.0 kg)
3. Cabo Verde (5.0 kg)

Source: IndexBox Market Intelligence Platform