Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Portugal - 2023
Contents:
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Portugal (FOB) - 2022
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Portugal (CIF) - 2022
- Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Portugal
- Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Portugal
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Portugal (FOB) - 2022
In 2022, the average export price for cyclic hydrocarbons; mixed xylene isomerses amounted to $1,488 per ton, jumping by 66% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cyclic hydrocarbons; mixed xylene isomers export price increased by +78.5% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($3,413 per ton), while the average price for exports to Spain ($929 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 France (+21.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Portugal (CIF) - 2022
In 2022, the average import price for cyclic hydrocarbons; mixed xylene isomerses amounted to $1,741 per ton, picking up by 21% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2021 an increase of 36% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +35.6% per year.
Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Portugal
In 2022, approx. 42 tons of cyclic hydrocarbons; mixed xylene isomerses were exported from Portugal; with a decrease of -89.6% against the previous year. In general, exports saw a significant contraction. The growth pace was the most rapid in 2021 when exports increased by 212% against the previous year. As a result, the exports reached the peak of 407 tons, and then shrank remarkably in the following year.
In value terms, cyclic hydrocarbons; mixed xylene isomers exports contracted notably to $63K in 2022. Overall, exports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 236% against the previous year. As a result, the exports attained the peak of $365K, and then dropped rapidly in the following year.
| Export of Cyclic Hydrocarbons; Mixed Xylene Isomers in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | N/A | 0.2 | 41.8 | 26.5 | 1051.1% |
| Spain | 2.2 | 1.5 | 300 | 23.7 | 120.9% |
| Angola | 0.1 | 0.1 | 9.7 | 12.8 | 404.0% |
| United Arab Emirates | 209 | 107 | N/A | N/A | -48.8% |
| Others | N/A | 0.1 | 13.2 | 0.1 | 0.0% |
| Total | 211 | 109 | 365 | 63.1 | -33.1% |
Top Export Markets for Cyclic Hydrocarbons; Mixed Xylene Isomers from Portugal in 2022:
- Spain (25.5 tons)
- Mozambique (13.1 tons)
- Angola (3.7 tons)
Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Portugal
In 2022, overseas purchases of cyclic hydrocarbons; mixed xylene isomerses were finally on the rise to reach 70 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt decline.
In value terms, cyclic hydrocarbons; mixed xylene isomers imports surged to $122K in 2022. Over the period under review, imports, however, continue to indicate a abrupt decrease.
| Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 10.2 | 116 | 90.0 | 116 | 124.9% |
| United Arab Emirates | 138 | 5.8 | N/A | N/A | -95.8% |
| Others | 0.5 | 3.6 | 7.2 | 6.2 | 131.5% |
| Total | 148 | 126 | 97.2 | 122 | -6.2% |
Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to Portugal in 2022:
- Spain (69.4 tons)
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