Portugal - Polyethylene in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene in Primary Forms in Portugal - 2023
Contents:
- Price for Polyethylene in Primary Forms in Portugal (CIF) - 2023
- Price for Polyethylene in Primary Forms in Portugal (FOB) - 2022
- Imports of Polyethylene in Primary Forms in Portugal
- Exports of Polyethylene in Primary Forms in Portugal
Price for Polyethylene in Primary Forms in Portugal (CIF) - 2023
The average polyethylene in primary forms import price stood at $1,394 per ton in June 2023, declining by -4.5% against the previous month. In general, the import price recorded a perceptible reduction. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 6.4% month-to-month. Over the period under review, average import prices attained the peak figure at $1,875 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Austria ($1,832 per ton), while the price for Kuwait ($1,015 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.8%), while the prices for the other major suppliers experienced a decline.
Price for Polyethylene in Primary Forms in Portugal (FOB) - 2022
The average polyethylene in primary forms export price stood at $1,073 per ton in 2020, with a decrease of -13.8% against the previous year. In general, the export price showed a pronounced descent. The most prominent rate of growth was recorded in 2018 an increase of 50% against the previous year. As a result, the export price attained the peak level of $2,042 per ton. From 2019 to 2020, the average export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2020, amid the top suppliers, the countries with the highest prices were China ($1,298 per ton) and Germany ($1,270 per ton), while the average price for exports to Turkey ($979 per ton) and Greece ($979 per ton) were amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China (-0.3%), while the prices for the other major destinations experienced a decline.
Imports of Polyethylene in Primary Forms in Portugal
For the fourth year in a row, Portugal recorded growth in overseas purchases of polyethylene in primary forms, which increased by 4.2% to 252K tons in 2022. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 5.2% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, polyethylene in primary forms imports totaled $434M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 70% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
Import of Polyethylene in Primary Forms in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Spain | 98.2 | 83.5 | -15.0% | ||
Germany | 18.6 | 21.2 | 14.0% | ||
Netherlands | 18.4 | 18.6 | 1.1% | ||
South Korea | 28.2 | 17.7 | -37.2% | ||
Qatar | 20.7 | 17.4 | -15.9% | ||
Belgium | 17.2 | 13.4 | -22.1% | ||
United States | 13.8 | 11.4 | -17.4% | ||
India | 14.0 | 7.1 | -49.3% | ||
Austria | 6.7 | 6.9 | 3.0% | ||
Mexico | 8.9 | 6.8 | -23.6% | ||
France | 4.2 | 5.9 | 40.5% | ||
Thailand | 5.1 | 5.5 | 7.8% | ||
Turkey | 5.8 | 3.9 | -32.8% | ||
Others | 34.0 | 24.3 | -28.5% | ||
Total | 294 | 244 | -17.0% |
Top Suppliers of Polyethylene in Primary Forms to Portugal in 2022:
- Spain (76.6K tons)
- Qatar (19.5K tons)
- Germany (18.3K tons)
- Netherlands (17.1K tons)
- South Korea (16.2K tons)
- United States (14.0K tons)
- Belgium (12.5K tons)
- India (7.1K tons)
- Mexico (7.0K tons)
- Thailand (5.9K tons)
- France (4.9K tons)
- Austria (4.4K tons)
- Turkey (4.2K tons)
Exports of Polyethylene in Primary Forms in Portugal
In 2022, approx. 198K tons of polyethylene in primary forms were exported from Portugal; with a decrease of -14.8% compared with the year before. Overall, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 9.7%. As a result, the exports reached the peak of 232K tons, and then reduced in the following year.
In value terms, polyethylene in primary forms exports fell to $337M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. As a result, the exports attained the peak of $387M, and then reduced in the following year.
Export of Polyethylene in Primary Forms in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Spain | 165 | 130 | -21.2% | ||
France | 25.9 | 21.5 | -17.0% | ||
Greece | 17.6 | 12.7 | -27.8% | ||
Turkey | 15.6 | 8.5 | -45.5% | ||
Italy | 5.2 | 5.8 | 11.5% | ||
Germany | 4.8 | 5.4 | 12.5% | ||
China | 4.7 | 4.5 | -4.3% | ||
Others | 45.6 | 39.0 | -14.5% | ||
Total | 285 | 227 | -20.4% |
Top Export Markets for Polyethylene in Primary Forms from Portugal in 2022:
- Spain (127.3K tons)
- France (18.4K tons)
- Greece (13.0K tons)
- Turkey (8.7K tons)
- Italy (5.3K tons)
- Germany (4.3K tons)
- China (3.4K tons)
This report provides an in-depth analysis of the market for polyethylene in primary forms in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
- Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
- Prodcom 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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