Portugal: Bituminous Mixtures Market 2025

Bituminous Mixtures Market Size in Portugal

The Portuguese bituminous mixtures market fell rapidly to $X in 2021, shrinking by -53% against the previous year. Over the period under review, consumption saw a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Bituminous Mixtures Production in Portugal

In value terms, bituminous mixtures production reduced markedly to $X in 2021 estimated in export price. In general, production saw a deep reduction. The pace of growth appeared the most rapid in 2016 when the production volume increased by 209%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Bituminous Mixtures Exports

Exports from Portugal

In 2021, the amount of bituminous mixtures exported from Portugal plummeted to X tons, dropping by -69% compared with 2020 figures. Overall, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 130%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, bituminous mixtures exports shrank significantly to $X in 2021. Over the period under review, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2020 when exports increased by 35%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons), France (X tons) and Cabo Verde (X tons) were the main destinations of bituminous mixtures exports from Portugal, with a combined 81% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +1.2%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for bituminous mixtures exported from Portugal were Spain ($X), Angola ($X) and France ($X), with a combined 69% share of total exports. These countries were followed by Cabo Verde, Mozambique and Sao Tome and Principe, which together accounted for a further 25%.

Mozambique, with a CAGR of +1.6%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average bituminous mixtures export price amounted to $X per ton, surging by 66% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable slump. The growth pace was the most rapid in 2017 an increase of 244% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Mozambique ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+52.9%), while the prices for the other major destinations experienced more modest paces of growth.

Bituminous Mixtures Imports

Imports into Portugal

In 2021, overseas purchases of bituminous mixtures increased by 45% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports enjoyed pronounced growth. The pace of growth appeared the most rapid in 2017 with an increase of 210% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, bituminous mixtures imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a noticeable slump. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) was the main bituminous mixtures supplier to Portugal, accounting for a 98% share of total imports. It was followed by the Netherlands (X tons), with a 1.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +3.0%.

In value terms, Spain ($X) constituted the largest supplier of bituminous mixtures to Portugal, comprising 78% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at -4.6%.

Import Prices by Country

In 2021, the average bituminous mixtures import price amounted to $X per ton, with an increase of 24% against the previous year. Over the period under review, the import price, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2014 when the average import price increased by 57%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for Spain amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.8%).

Source: IndexBox Platform

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