Salts; Molybdates Price in Portugal - 2023

Contents:

1. Salts; Molybdates Price in Portugal (CIF) - 2022
2. Salts; Molybdates Price in Portugal (FOB) - 2022
3. Salts; Molybdates Imports in Portugal
4. Salts; Molybdates Exports in Portugal

Salts; Molybdates Price in Portugal (CIF) - 2022

In 2022, the average salts; molybdates import price amounted to $18,648 per ton, growing by 25% against the previous year. In general, the import price, however, continues to indicate a noticeable setback. Over the period under review, average import prices hit record highs at $22,801 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($19,571 per ton), while the price for France ($6,946 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+71.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Salts; Molybdates Price in Portugal (FOB) - 2022

The average salts; molybdates export price stood at $34,918 per ton in 2022, with a decrease of -52.8% against the previous year. Over the period under review, the export price, however, saw a significant increase. The pace of growth was the most pronounced in 2020 an increase of 695%. The export price peaked at $74,040 per ton in 2021, and then shrank markedly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($73,603 per ton), while the average price for exports to Mozambique ($7,217 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 Angola (+32.3%), while the prices for the other major destinations experienced a decline.

Salts; Molybdates Imports in Portugal

Salts; molybdates imports into Portugal soared to 12 tons in 2022, rising by 18% against 2021. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, salts; molybdates imports skyrocketed to $224K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Salts; Molybdates to Portugal in 2022:

1. Spain (9.8 tons)
2. France (1.2 tons)
3. Netherlands (0.8 tons)

Salts; Molybdates Exports in Portugal

In 2022, overseas shipments of salts; molybdateses increased by 351% to 451 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a abrupt slump.

In value terms, salts; molybdates exports skyrocketed to $16K in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 504%. As a result, the exports attained the peak of $32K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Salts; Molybdates from Portugal in 2022:

1. Mozambique (230.0 kg)
2. Angola (184.0 kg)
3. Sao Tome and Principe (37.0 kg)

Source: IndexBox Market Intelligence Platform