Portugal: Unwrought Tin Alloys Market 2024

Unwrought Tin Alloys Market Size in Portugal

The Portuguese unwrought tin alloys market soared to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption, however, recorded a abrupt decline. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Unwrought Tin Alloys Production in Portugal

In value terms, unwrought tin alloys production surged to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a perceptible setback. Unwrought tin alloys production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Unwrought Tin Alloys Exports

Exports from Portugal

In 2023, shipments abroad of unwrought tin alloys decreased by X% to X tons for the first time since 2018, thus ending a four-year rising trend. Overall, exports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2022, and then dropped markedly in the following year.

In value terms, unwrought tin alloys exports reduced remarkably to $X in 2023. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2022, and then plummeted in the following year.

Exports by Country

Belgium (X tons), Germany (X tons) and Brazil (X tons) were the main destinations of unwrought tin alloys exports from Portugal, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for unwrought tin alloys exported from Portugal were Belgium ($X), Germany ($X) and Brazil ($X), together comprising X% of total exports.

Belgium, with a CAGR of X%, saw 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

The average unwrought tin alloys export price stood at $X per ton in 2023, falling by X% against the previous year. Overall, the export price, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2022 to 2023, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Unwrought Tin Alloys Imports

Imports into Portugal

In 2023, imports of unwrought tin alloys into Portugal fell significantly to X tons, with a decrease of X% against the previous year's figure. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of X tons. From 2020 to 2023, the growth of imports failed to regain momentum.

In value terms, unwrought tin alloys imports reduced to $X in 2023. Overall, imports, however, posted strong growth. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Spain (X tons) constituted the largest unwrought tin alloys supplier to Portugal, with a X% share of total imports. Moreover, unwrought tin alloys imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. The third position in this ranking was held by Germany (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

In value terms, Spain ($X), Italy ($X) and Germany ($X) appeared to be the largest unwrought tin alloys suppliers to Portugal, together accounting for X% of total imports.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average unwrought tin alloys import price stood at $X per ton in 2023, surging by X% against the previous year. Overall, the import price, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bolivia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform