Portugal: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Market Size in Portugal

The Portuguese reel cutting slitter market skyrocketed to $X in 2022, increasing by 19% against the previous year. Over the period under review, consumption posted a significant increase. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Reel Cutting Slitter Production in Portugal

In value terms, reel cutting slitter production fell rapidly to $X in 2022 estimated in export price. In general, production enjoyed a significant increase. The growth pace was the most rapid in 2013 with an increase of 309% against the previous year. Reel cutting slitter production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Reel Cutting Slitter Exports

Exports from Portugal

In 2022, approx. X units of combined reel slitting and re-reeling cutting machines for paper and paperboard were exported from Portugal; which is down by -60.8% against 2021. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2018 when exports increased by 54% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, reel cutting slitter exports dropped remarkably to $X in 2022. In general, exports saw a mild downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 81% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units), Singapore (X units) and China (X units) were the main destinations of reel cutting slitter exports from Portugal, with a combined 46% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +66.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Singapore ($X) and Pakistan ($X) constituted the largest markets for reel cutting slitter exported from Portugal worldwide, together accounting for 46% of total exports.

Pakistan, with a CAGR of +101.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average reel cutting slitter export price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. In general, the export price posted a strong increase. The growth pace was the most rapid in 2016 an increase of 68%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+42.2%), while the prices for the other major destinations experienced more modest paces of growth.

Reel Cutting Slitter Imports

Imports into Portugal

In 2022, after two years of growth, there was significant decline in overseas purchases of combined reel slitting and re-reeling cutting machines for paper and paperboard, when their volume decreased by -20.7% to X units. In general, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2016 with an increase of 151% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, reel cutting slitter imports reduced sharply to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by 102% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest reel cutting slitter supplier to Portugal, accounting for a 50% share of total imports. Moreover, reel cutting slitter imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), threefold. The third position in this ranking was taken by Italy (X units), with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +32.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+1.5% per year) and Italy (+4.3% per year).

In value terms, China ($X) constituted the largest supplier of combined reel slitting and re-reeling cutting machines for paper and paperboard to Portugal, comprising 45% of total imports. The second position in the ranking was taken by Spain ($X), with a 22% share of total imports. It was followed by Italy, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +41.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-2.9% per year) and Italy (-5.2% per year).

Import Prices by Country

The average reel cutting slitter import price stood at $X per unit in 2022, shrinking by -34.2% against the previous year. Overall, the import price showed a abrupt slump. The growth pace was the most rapid in 2019 an increase of 94% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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