Portugal: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Portugal

In 2021, the Portuguese market for boards, sheets, panels, tiles and similar articles of plaster not faced decreased by -7% to $X, falling for the second consecutive year after five years of growth. Overall, consumption continues to indicate a noticeable reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Portugal

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced expanded markedly to $X in 2021 estimated in export price. In general, production saw a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of 50% against the previous year. Over the period under review, production of reached the maximum level in 2021 and is expected to retain growth in the immediate term.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports from Portugal

In 2021, overseas shipments of boards, sheets, panels, tiles and similar articles of plaster not faced decreased by -8.3% to X square meters, falling for the third year in a row after five years of growth. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2016 with an increase of 274% against the previous year. The exports peaked at X square meters in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced reached $X in 2021. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 107% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X square meters) was the main destination for exports of boards, sheets, panels, tiles and similar articles of plaster not faced from Portugal, accounting for a 62% share of total exports. Moreover, exports of boards, sheets, panels, tiles and similar articles of plaster not faced to Spain exceeded the volume sent to the second major destination, Ireland (X square meters), fourfold. The UK (X square meters) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain amounted to +159.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+68.3% per year) and the UK (+187.7% per year).

In value terms, Spain ($X) remains the key foreign market for boards, sheets, panels, tiles and similar articles of plaster not faced exports from Portugal, comprising 56% of total exports. The second position in the ranking was taken by the UK ($X), with a 16% share of total exports. It was followed by Ireland, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Spain amounted to +146.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+238.8% per year) and Ireland (+78.4% per year).

Export Prices by Country

In 2021, the average export price for boards, sheets, panels, tiles and similar articles of plaster not faced amounted to $X per square meter, increasing by 22% against the previous year. Over the period under review, the export price, however, continues to indicate a deep downturn. Over the period under review, the average export prices hit record highs at $X per square meter in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per square meter), while the average price for exports to Ireland ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+17.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports into Portugal

In 2021, overseas purchases of boards, sheets, panels, tiles and similar articles of plaster not faced decreased by -88.3% to X square meters, falling for the third year in a row after two years of growth. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 80% against the previous year. Imports peaked at X square meters in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced contracted sharply to $X in 2021. Over the period under review, imports showed a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of 91% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Spain (X square meters) constituted the largest supplier of board, sheet, panel, tile and similar article of plaster not faced to Portugal, accounting for a 68% share of total imports. Moreover, imports of boards, sheets, panels, tiles and similar articles of plaster not faced from Spain exceeded the figures recorded by the second-largest supplier, Germany (X square meters), fourfold. Belgium (X square meters) ranked third in terms of total imports with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain totaled -18.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.9% per year) and Belgium (+18.3% per year).

In value terms, Spain ($X) constituted the largest supplier of boards, sheets, panels, tiles and similar articles of plaster not faced to Portugal, comprising 58% of total imports. The second position in the ranking was held by Germany ($X), with a 28% share of total imports. It was followed by Italy, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to -15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.9% per year) and Italy (+31.0% per year).

Import Prices by Country

The average import price for boards, sheets, panels, tiles and similar articles of plaster not faced stood at $X per square meter in 2021, picking up by 93% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for boards, sheets, panels, tiles and similar articles of plaster not faced increased by +99.9% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Belgium ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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