Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Portugal - 2023

Contents:

  1. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Portugal (FOB) - 2023
  2. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Portugal (CIF) - 2022
  3. Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Portugal
  4. Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Portugal

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Portugal (FOB) - 2023

The average export price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds stood at $1,122 per ton in October 2023, growing by 21% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in November 2022 an increase of 22% against the previous month. As a result, the export price reached the peak level of $1,128 per ton; afterwards, it flattened through to October 2023.

Average prices varied somewhat for the major export markets. In October 2023, the countries with the highest prices were Germany ($1,239 per ton) and Turkey ($1,205 per ton), while the average price for exports to Spain ($932 per ton) and Belgium ($1,111 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Portugal (CIF) - 2022

In 2022, the average import price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds amounted to $3,009 per ton, rising by 19% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds increased by +8.7% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 64% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($8,422 per ton), while the price for the Czech Republic ($1,024 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Portugal

In 2022, shipments abroad of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds decreased by -11.8% to 61K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 124% against the previous year. As a result, the exports reached the peak of 69K tons, and then declined in the following year.

In value terms, exports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds rose significantly to $73M in 2022. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 216% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Export of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.65.720.535.0287.8%
Belgium17.213.837.931.822.7%
GermanyN/AN/A4.23.9-7.1%
Others0.60.61.01.946.8%
Total18.420.163.772.658.0%

Top Export Markets for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated from Portugal in 2022:

  1. United States (30.0K tons)
  2. Belgium (26.8K tons)
  3. Germany (2.9K tons)

Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Portugal

Imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds into Portugal stood at 1.5K tons in 2022, surging by 12% on 2021. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.6% 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 +93.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 36%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds surged to $4.6M in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 60% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3446981,5131,57466.0%
Spain33980231974530.0%
France11715543561874.2%
Italy4382723874611.7%
India28.0119100333128.3%
Czech Republic59.183.069.020150.4%
Belgium10074.612313310.0%
United States1493902.7120-7.0%
Others25533646637914.1%
Total1,8292,9293,4164,56535.6%

Top Suppliers of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated to Portugal in 2022:

  1. Germany (511.0 tons)
  2. Spain (357.8 tons)
  3. Czech Republic (196.5 tons)
  4. India (144.0 tons)
  5. Italy (105.8 tons)
  6. France (73.4 tons)
  7. Belgium (40.0 tons)
  8. United States (26.3 tons)

Source: IndexBox Market Intelligence Platform

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