Alkali Metals; Sodium Price in Portugal - 2023

Contents:

  1. Alkali Metals; Sodium Price in Portugal (CIF) - 2022
  2. Alkali Metals; Sodium Price in Portugal (FOB) - 2022
  3. Alkali Metals; Sodium Imports in Portugal
  4. Alkali Metals; Sodium Exports in Portugal

Alkali Metals; Sodium Price in Portugal (CIF) - 2022

The average alkali metals; sodium import price stood at $6,182 per ton in 2022, reducing by -20.9% against the previous year. Over the period under review, the import price saw a pronounced contraction. The pace of growth appeared the most rapid in 2019 an increase of 217%. Over the period under review, average import prices hit record highs at $18,116 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($27,509 per ton), while the price for the Netherlands ($3,991 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced a decline.

Alkali Metals; Sodium Price in Portugal (FOB) - 2022

The average alkali metals; sodium export price stood at $8,600 per ton in 2022, with an increase of 13% against the previous year. Overall, the export price posted a significant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 1,012%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cabo Verde ($16,000 per ton), while the average price for exports to France totaled $3,667 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+46.5%), while the prices for the other major destinations experienced more modest paces of growth.

Alkali Metals; Sodium Imports in Portugal

In 2022, alkali metals; sodium imports into Portugal surged to 9.9 tons, jumping by 43% against the previous year's figure. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,765% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, alkali metals; sodium imports expanded remarkably to $61K in 2022. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 704%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Alkali Metals; Sodium in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain4.31.420.649.8126.2%
NetherlandsN/A0.430.26.0287.3%
Germany3.44.73.34.59.8%
Italy12.9N/AN/AN/A0%
Others0.20.20.11.071.0%
Total20.76.754.261.343.6%

Top Suppliers of Alkali Metals; Sodium to Portugal in 2022:

  1. Spain (8.2 tons)
  2. Netherlands (1.5 tons)
  3. Germany (0.2 tons)

Alkali Metals; Sodium Exports in Portugal

In 2022, overseas shipments of alkali metals; sodia decreased by -79.2% to 5 kg, falling for the second year in a row after two years of growth. Over the period under review, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 449% against the previous year. As a result, the exports reached the peak of 725 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, alkali metals; sodium exports fell significantly to $43 in 2022. In general, exports saw a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 752% against the previous year. As a result, the exports attained the peak of $3.2K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Alkali Metals; Sodium in Portugal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cabo VerdeN/AN/A46.032.0-30.4%
France154N/AN/A11.0-58.5%
Spain89.0114N/AN/A28.1%
Germany133416N/AN/A212.8%
AngolaN/A117136N/A16.2%
OthersN/A2,556N/AN/A0%
Total3763,20318243.0-51.5%

Top Export Markets for Alkali Metals; Sodium from Portugal in 2022:

  1. France (3.0 kg)
  2. Cabo Verde (2.0 kg)

Source: IndexBox Market Intelligence Platform

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