Portugal: Market for Reaction Initiators, Reaction Accelerators And Catalytic Preparations 2024

Market Size for Reaction Initiators, Reaction Accelerators And Catalytic Preparations in Portugal

The Portuguese reaction initiators and accelerators market fell to $X in 2022, with a decrease of X% against the previous year. In general, consumption showed a buoyant increase. Over the period under review, the market reached the peak level at $X in 2021, and then declined in the following year.

Production of Reaction Initiators, Reaction Accelerators And Catalytic Preparations in Portugal

In value terms, reaction initiators and accelerators production amounted to $X in 2022 estimated in export price. Overall, production, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Reaction initiators and accelerators production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations

Exports from Portugal

In 2022, reaction initiators and accelerators exports from Portugal soared to X tons, jumping by X% on the year before. Over the period under review, exports enjoyed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, reaction initiators and accelerators exports soared to $X in 2022. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for reaction initiators and accelerators exports from Portugal, accounting for a X% share of total exports. Moreover, reaction initiators and accelerators exports to Italy exceeded the volume sent to the second major destination, Spain (X tons), tenfold. Germany (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 Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Germany (X% per year).

In value terms, the largest markets for reaction initiators and accelerators exported from Portugal were Italy ($X), Germany ($X) and Spain ($X), with a combined X% share of total exports. Mozambique, Romania and Angola lagged somewhat behind, together accounting for a further X%.

Mozambique, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average reaction initiators and accelerators export price amounted to $X per ton, declining by X% against the previous year. Overall, the export price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then declined markedly in the following year.

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 Germany ($X per ton), while the average price for exports to Mozambique ($X 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 Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations

Imports into Portugal

In 2022, imports of reaction initiators, reaction accelerators and catalytic preparations into Portugal expanded slightly to X tons, increasing by X% compared with the previous year's figure. In general, imports posted a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, reaction initiators and accelerators imports contracted remarkably to $X in 2022. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of reaction initiators and accelerators to Portugal, with a X% share of total imports. Moreover, reaction initiators and accelerators imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X), Poland ($X) and the Netherlands ($X) appeared to be the largest reaction initiators and accelerators suppliers to Portugal, with a combined X% share of total imports.

In terms of the main suppliers, Poland, 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

In 2022, the average reaction initiators and accelerators import price amounted to $X per ton, declining by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. The import price peaked at $X per ton in 2021, and then reduced rapidly in the following year.

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 Poland ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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