Portugal: Corrugated Paper Box Market 2025

Corrugated Paper Box Market Size in Portugal

In 2022, the Portuguese corrugated paper box market increased by 25% to $X, rising for the third year in a row after two years of decline. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +53.0% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Corrugated Paper Box Production in Portugal

In value terms, corrugated paper box production skyrocketed to $X in 2022 estimated in export price. In general, the total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +61.0% against 2019 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Corrugated Paper Box Exports

Exports from Portugal

In 2022, shipments abroad of cartons, boxes and cases of corrugated paper or paperboard increased by 3.1% to X tons, rising for the second year in a row after two years of decline. In general, total exports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +9.3% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 21%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, corrugated paper box exports expanded markedly to $X in 2022. Overall, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 41%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Spain (X tons) was the main destination for corrugated paper box exports from Portugal, with a 66% share of total exports. Moreover, corrugated paper box exports to Spain exceeded the volume sent to the second major destination, Italy (X tons), sevenfold. France (X tons) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+36.4% per year) and France (+13.1% per year).

In value terms, Spain ($X) remains the key foreign market for cartons, boxes and cases of corrugated paper or paperboard exports from Portugal, comprising 58% of total exports. The second position in the ranking was held by France ($X), with a 9.5% share of total exports. It was followed by Italy, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain amounted to +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+24.7% per year) and Italy (+35.9% per year).

Export Prices by Country

In 2022, the average corrugated paper box export price amounted to $X per ton, increasing by 5.7% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, corrugated paper box export price increased by +74.6% against 2016 indices. The pace of growth appeared the most rapid in 2021 an increase of 33%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Mozambique ($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 France (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Corrugated Paper Box Imports

Imports into Portugal

In 2022, supplies from abroad of cartons, boxes and cases of corrugated paper or paperboard increased by 16% to X tons, rising for the second year in a row after two years of decline. Overall, imports posted strong growth. The pace of growth was the most pronounced in 2017 with an increase of 27%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, corrugated paper box imports expanded notably to $X in 2022. Over the period under review, imports posted a resilient increase. The growth pace was the most rapid in 2018 when imports increased by 36%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Spain (X tons) was the main supplier of corrugated paper box to Portugal, accounting for a 92% share of total imports. It was followed by Italy (X tons), with a 2.4% share of total imports. The Netherlands (X tons) ranked third in terms of total imports with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.9% per year) and the Netherlands (+37.4% per year).

In value terms, Spain ($X) constituted the largest supplier of cartons, boxes and cases of corrugated paper or paperboard to Portugal, comprising 84% of total imports. The second position in the ranking was taken by Germany ($X), with a 4.2% share of total imports. It was followed by Italy, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.3% per year) and Italy (+3.5% per year).

Import Prices by Country

The average corrugated paper box import price stood at $X per ton in 2022, dropping by -1.8% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 13%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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