Portugal: Aromatic Hydrocarbon Mixtures Market 2024

Aromatic Hydrocarbon Mixtures Market Size in Portugal

The Portuguese aromatic hydrocarbon mixtures market dropped remarkably to $X in 2022, waning by X% against the previous year. Overall, consumption saw a deep reduction. Aromatic hydrocarbon mixtures consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Aromatic Hydrocarbon Mixtures Production in Portugal

In value terms, aromatic hydrocarbon mixtures production dropped to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Aromatic Hydrocarbon Mixtures Exports

Exports from Portugal

In 2022, the amount of naphthalene and other aromatic hydrocarbon mixtures exported from Portugal skyrocketed to X tons, rising by X% on the year before. In general, total exports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, aromatic hydrocarbon mixtures exports surged to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for aromatic hydrocarbon mixtures exports from Portugal, accounting for a X% share of total exports. Moreover, aromatic hydrocarbon mixtures exports to the Netherlands exceeded the volume sent to the second major destination, the United States (X tons), threefold. Belgium (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Belgium (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for naphthalene and other aromatic hydrocarbon mixtures exports from Portugal, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average aromatic hydrocarbon mixtures export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($X per ton) and the Netherlands ($X per ton), while the average price for exports to the United States ($X per ton) and Belgium ($X per ton) were amongst the lowest.

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

Aromatic Hydrocarbon Mixtures Imports

Imports into Portugal

In 2022, supplies from abroad of naphthalene and other aromatic hydrocarbon mixtures increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, saw a precipitous descent. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, aromatic hydrocarbon mixtures imports soared to $X in 2022. In general, imports, however, showed a precipitous decline. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Spain (X tons) were the main suppliers of aromatic hydrocarbon mixtures imports to Portugal, together comprising X% of total imports. These countries were followed by France, which accounted for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Spain ($X) constituted the largest aromatic hydrocarbon mixtures suppliers to Portugal, with a combined X% share of total imports. These countries were followed by France, which accounted for a further X%.

In terms of the main suppliers, France, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aromatic hydrocarbon mixtures import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price saw a slight increase. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see gradual 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 France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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