Portugal: Aluminium Hydroxide Market 2024

Aluminium Hydroxide Market Size in Portugal

The Portuguese aluminium hydroxide market reduced slightly to $X in 2022, dropping by X% against the previous year. Overall, consumption continues to indicate a abrupt setback. Aluminium hydroxide consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Aluminium Hydroxide Production in Portugal

In value terms, aluminium hydroxide production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Aluminium hydroxide production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Aluminium Hydroxide Exports

Exports from Portugal

In 2022, approx. X tons of aluminium hydroxide were exported from Portugal; surging by X% on the previous year's figure. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2018 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, aluminium hydroxide exports soared to $X in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Algeria (X tons) was the main destination for aluminium hydroxide exports from Portugal, with a X% share of total exports. Moreover, aluminium hydroxide exports to Algeria exceeded the volume sent to the second major destination, Spain (X tons), threefold. India (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 Algeria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and India (X% per year).

In value terms, Algeria ($X) emerged as the key foreign market for aluminium hydroxide exports from Portugal, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports. It was followed by India, with a X% share.

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

Export Prices by Country

The average aluminium hydroxide export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a deep reduction. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to India ($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 India (X%), while the prices for the other major destinations experienced mixed trend patterns.

Aluminium Hydroxide Imports

Imports into Portugal

In 2022, the amount of aluminium hydroxide imported into Portugal declined sharply to X tons, waning by X% against 2021. In general, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, aluminium hydroxide imports reduced notably to $X in 2022. Over the period under review, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Spain (X tons), Germany (X tons) and Bosnia and Herzegovina (X tons) were the main suppliers of aluminium hydroxide imports to Portugal, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of aluminium hydroxide to Portugal, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by Bosnia and Herzegovina, with a X% share.

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

Import Prices by Country

In 2022, the average aluminium hydroxide import price amounted to $X per ton, dropping by X% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price 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, aluminium hydroxide import price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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