Market research

Carbonates and percarbonates market in Portugal

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market volume for carbonates and percarbonates in Portugal increased from 570.8 thousand tons in 2018 to 712.9 thousand tons in 2019, driven primarily by a surge in domestic production from 274.9 to 437.3 thousand tons. By 2023, the market volume had contracted to 578.9 thousand tons, with production at 392.0 thousand tons and imports falling to 231.4 thousand tons from higher levels in previous years.

In value terms, the market grew consistently from $86.5 million in 2018 to $95.4 million in 2019 and reached $134.1 million by 2023, indicating a shift toward higher-value products or increased prices despite the lower physical volume. Portugal's reduction of its carbon footprint by 25.3% since 2010, as reported in 2021, reflects emission-cutting policies that likely bolstered demand for carbonates and percarbonates in environmental and industrial applications, supporting the market's value growth.

By 2025, the launch of Portugal's Voluntary Carbon Market and the rapid growth of the electric vehicle sector, where carbonates are used in batteries, introduced new demand drivers for these chemicals. These developments coincided with stable import volumes around 272 thousand tons, suggesting sustained industrial consumption.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators
1. 4.1. In kind
  1. 4.1.1. Production, 2018-2019, 2023
  2. 4.1.2. Imports, 2018-2025
  3. 4.1.3. Exports, 2018-2025
  4. 4.1.4. Market size, 2018-2019, 2023
2. 4.2. In value
  1. 4.2.1. Production, 2018-2019, 2023
  2. 4.2.2. Imports, 2018-2025
  3. 4.2.3. Exports, 2018-2025
  4. 4.2.4. Market size, 2018-2019, 2023
5. Production
1. 5.1. Production in Portugal
  1. 5.1.1. In kind, 2018-2019, 2023, K t
  2. 5.1.2. In value, 2018-2019, 2023, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K t
  2. 5.2.2. In value, 2018-2024, K $ US
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from Portugal in kind, 2018-2025, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Portugal by countries, 2018-2025, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Portugal in kind, 2018-2025, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Portugal by countries, 2018-2025, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Portugal in kind, 2018-2025, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Portugal by countries, 2018-2025, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Portugal in kind, 2018-2025, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Portugal by countries, 2018-2025, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production carbonates and percarbonates in Portugal

In value, 2018-2021, K $ US

In 2019, Portugal's output of carbonates and percarbonates was valued at 37,399 thousand US dollars, representing a significant 61.5% increase from the previous year.

Annual dynamics of production in Portugal in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	61.5%	n/a	n/a	-

Source: SHEV.io

In kind, 2018-2021, K t

In 2019, Portugal produced 437.3 thousand tonnes of carbonates and percarbonates, which was 59.1% higher than in 2018.

Annual dynamics of production in Portugal in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	59.1%	n/a	n/a	-

Source: SHEV.io

Exports carbonates and percarbonates from Portugal

Exports in kind, K t

In 2021, Portugal exported 73.9 thousand tonnes of carbonates and percarbonates, marking a moderate 9.4% increase compared to 2020. The highest export volume was recorded in 2019 at 74.7 thousand tonnes, while the lowest was in 2020 at 67.5 thousand tonnes. The largest decline occurred in 2020, with a drop of 9.6%.

Annual dynamics of product's exports from Portugal in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	1.9%	(9.6%)	9.4%	0.3%

Source: SHEV.io

From 2018 to 2021, Spain was the dominant market for Portugal's exports in kind, accounting for 85.5% of total flows, with the remaining share distributed among other markets.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Portugal in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

In 2021, Portugal's exports of carbonates and percarbonates amounted to 15,346 thousand US dollars, up 20.7% year-over-year. Over the 2018-2021 period, exports grew by 21.2%, with a compound annual growth rate of 6.6%. The largest decline was in 2020, with a decrease of 14.2%.

Annual dynamics of product's exports from Portugal in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	17.0%	(14.2%)	20.7%	6.6%

Source: SHEV.io

Between 2018 and 2021, Spain and Angola were the primary destinations for Portugal's exports in value terms, together representing 88.4% of total flows, while other markets accounted for the remainder.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Portugal in value, 2018-2021

Source: SHEV.io

Imports carbonates and percarbonates to Portugal

Imports in kind, K t

After a two-year decline, Portugal's imports of carbonates and percarbonates increased in 2021, reaching 281.5 thousand tonnes, a slight 0.6% uptick from the previous year. From 2018 to 2021, imports fell by 23.7%, equating to an annualized rate of 8.6%. The lowest import volume was in 2020 at 279.9 thousand tonnes, which also saw the largest decline of 20.1%.

Annual dynamics of product's imports to Portugal in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(5.1%)	(20.1%)	0.6%	(8.6%)

Source: SHEV.io

During 2018-2021, Turkey and Spain were the main sources for Portugal's imports in kind, jointly accounting for 90.9% of total volume, with the rest spread across smaller markets.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Portugal in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

Following a two-year decline, Portugal's imports of carbonates and percarbonates rose in 2021, totaling 61,314 thousand US dollars, a 1.9% increase from the previous year. Over the 2018-2021 period, imports decreased by 19.3%, with a compound annual growth rate of 6.9%. The lowest value was recorded in 2020 at 60,170 thousand US dollars, which also experienced the largest decline of 17.3%.

Annual dynamics of product's imports to Portugal in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(4.2%)	(17.3%)	1.9%	(6.9%)

Source: SHEV.io

From 2018 to 2021, Turkey and Spain remained the key sources for Portugal's imports in value terms, together making up 87.2% of total flows, while other partners held significantly smaller shares.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Portugal in value, 2018-2021

Source: SHEV.io