
Portugal - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
Portugal: Market for Precious Metal Ores And Concentrates 2023
Market Size for Precious Metal Ores And Concentrates in Portugal
The Portuguese market for precious metal ores and concentrates dropped to $X in 2021, approximately reflecting the previous year. In general, consumption, however, saw a buoyant increase. Precious metal ore and concentrate consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.
Production of Precious Metal Ores And Concentrates in Portugal
In value terms, precious metal ore and concentrate production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, showed a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 58%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.
Exports of Precious Metal Ores And Concentrates
Exports from Portugal
In 2021, precious metal ore and concentrate exports from Portugal soared to X tons, surging by 68% against the year before. Overall, exports saw a significant increase. The growth pace was the most rapid in 2018 with an increase of 1,170% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.
In value terms, precious metal ore and concentrate exports soared to $X in 2021. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 381%. The exports peaked in 2021 and are likely to see gradual growth in years to come.
Exports by Country
Belgium (X tons) was the main destination for precious metal ore and concentrate exports from Portugal, with a approx. 99.9% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium amounted to +58.3%.
In value terms, Belgium ($X) also remains the key foreign market for precious metal ore and concentrate exports from Portugal.
From 2012 to 2021, the average annual growth rate of value to Belgium amounted to +34.9%.
Export Prices by Country
The average export price for precious metal ores and concentrates stood at $X per ton in 2021, waning by -25.3% against the previous year. In general, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 454% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to -14.8% per year.
Imports of Precious Metal Ores And Concentrates
Imports into Portugal
For the seventh year in a row, Portugal recorded growth in supplies from abroad of precious metal ores and concentrates, which increased by 44% to X tons in 2021. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 1,026%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.
In value terms, precious metal ore and concentrate imports dropped slightly to $X in 2021. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,048% against the previous year. As a result, imports attained the peak of $X, and then contracted modestly in the following year.
Imports by Country
In 2021, Spain (X tons) was the main supplier of precious metal ore and concentrate to Portugal, accounting for a 99% share of total imports. It was followed by Brazil (X kg), with a 0.6% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Spain stood at +164.1%.
In value terms, Spain ($X) constituted the largest supplier of precious metal ore and concentrate to Portugal, comprising 100% of total imports. The second position in the ranking was held by Brazil ($X), with a 0.2% share of total imports.
From 2012 to 2021, the average annual growth rate of value from Spain amounted to +167.7%.
Import Prices by Country
In 2021, the average import price for precious metal ores and concentrates amounted to $X per ton, with a decrease of -31.7% against the previous year. Overall, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 an increase of 457%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for Brazil amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.7%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for precious metal ore and concentrate 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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