Portugal: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Portugal

The Portuguese articles of fiber cement market contracted modestly to $X in 2022, standing approx. at the previous year. Over the period under review, consumption, however, continues to indicate a noticeable descent. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Portugal

In value terms, articles of fiber cement production shrank slightly to $X in 2022 estimated in export price. In general, production, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2013 when the production volume increased by 88% against the previous year. Articles of fiber cement production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Portugal

Articles of fiber cement exports from Portugal shrank sharply to X tons in 2022, with a decrease of -34.7% compared with the previous year's figure. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of 50% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, articles of fiber cement exports shrank remarkably to $X in 2022. Over the period under review, exports faced a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 129%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for articles of fiber cement exports from Portugal, with a 72% share of total exports. Moreover, articles of fiber cement exports to Spain exceeded the volume sent to the second major destination, France (X tons), sevenfold. The third position in this ranking was held by Cabo Verde (X tons), with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled -10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+64.4% per year) and Cabo Verde (+24.4% per year).

In value terms, Spain ($X) remains the key foreign market for articles of asbestos-cement, cellulose fiber-cement or the like exports from Portugal, comprising 47% of total exports. The second position in the ranking was taken by the United States ($X), with an 18% share of total exports. It was followed by France, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain totaled -15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+20.4% per year) and France (+54.3% per year).

Export Prices by Country

The average articles of fiber cement export price stood at $X per ton in 2022, falling by -15.8% against the previous year. Overall, the export price saw a mild curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 76% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Spain ($X 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 Algeria (+40.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Portugal

In 2022, articles of fiber cement imports into Portugal shrank rapidly to X tons, with a decrease of -17.6% against 2021. Over the period under review, imports, however, saw a perceptible expansion. The most prominent rate of growth was recorded in 2013 with an increase of 82% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, articles of fiber cement imports dropped to $X in 2022. In general, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 when imports increased by 81% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of articles of fiber cement to Portugal, accounting for a 82% share of total imports. Moreover, articles of fiber cement imports from Spain exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was taken by the Netherlands (X tons), with a 4% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+56.5% per year) and the Netherlands (+181.4% per year).

In value terms, Spain ($X) constituted the largest supplier of articles of asbestos-cement, cellulose fiber-cement or the like to Portugal, comprising 86% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 4.3% share of total imports. It was followed by China, with a 3.8% share.

From 2012 to 2022, the average annual growth rate of value from Spain totaled +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+127.4% per year) and China (+69.9% per year).

Import Prices by Country

In 2022, the average articles of fiber cement import price amounted to $X per ton, rising by 6.5% against the previous year. Over the period under review, the import price showed buoyant growth. The pace of growth was the most pronounced in 2020 an increase of 49%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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 ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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