Portugal: Silicon Dioxide Market 2022

Silicon Dioxide Market Size in Portugal

The Portuguese silicon dioxide market was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Silicon Dioxide Exports

Exports from Portugal

Silicon dioxide exports from Portugal surged to X tonnes in 2021, growing by X% against the previous year. Over the period under review, exports, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Over the period under review, the exports attained the peak figure at X tonnes in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, silicon dioxide exports soared to $X in 2021. Overall, exports, however, continue to indicate moderate growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Romania (X tonnes) was the main destination for silicon dioxide exports from Portugal, accounting for a X% share of total exports. Moreover, silicon dioxide exports to Romania exceeded the volume sent to the second major destination, Slovakia (X tonnes), fourfold. The third position in this ranking was occupied by Angola (X tonnes), with an X% share.

From 2012 to 2021, the average annual growth rate of volume to Romania stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-X% per year) and Angola (-X% per year).

In value terms, Romania ($X) remains the key foreign market for silicon dioxide exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by Slovakia ($X), with a X% share of total exports. It was followed by Angola, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Romania totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+X% per year) and Angola (-X% per year).

Export Prices by Country

In 2021, the average silicon dioxide export price amounted to $X per tonne, declining by -X% against the previous year. In general, the export price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per tonne in 2020, and then declined in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($X per tonne), while the average price for exports to Romania ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Silicon Dioxide Imports

Imports into Portugal

In 2021, overseas purchases of silicon dioxide were finally on the rise to reach X tonnes after two years of decline. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at X tonnes in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, silicon dioxide imports surged to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; 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.

Imports by Country

In 2021, France (X tonnes) constituted the largest silicon dioxide supplier to Portugal, accounting for a X% share of total imports. Moreover, silicon dioxide imports from France exceeded the figures recorded by the second-largest supplier, India (X tonnes), sixfold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Germany (-X% per year).

In value terms, France ($X) constituted the largest supplier of silicon dioxide to Portugal, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Italy (-X% per year).

Import Prices by Country

In 2021, the average silicon dioxide import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2018 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform