Portugal: Market for Clays For Construction and Industrial Use 2024

Market Size for Clays For Construction and Industrial Use in Portugal

The Portuguese market for clays for construction and industrial use reduced notably to $X in 2022, with a decrease of -65% against the previous year. In general, consumption showed a pronounced reduction. As a result, consumption attained the peak level of $X, and then reduced sharply in the following year.

Production of Clays For Construction and Industrial Use in Portugal

In value terms, production of clays for construction and industrial use totaled $X in 2022 estimated in export price. Overall, the total production indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.6% against 2020 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 22%. Over the period under review, production of reached the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Clays For Construction and Industrial Use

Exports from Portugal

In 2022, overseas shipments of clays for construction and industrial use were finally on the rise to reach X tons after three years of decline. Overall, exports saw a buoyant expansion. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of clays for construction and industrial use skyrocketed to $X in 2022. Over the period under review, exports saw a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tons), Italy (X tons) and Egypt (X tons) were the main destinations of exports of clays for construction and industrial use from Portugal, together accounting for 96% of total exports. Algeria lagged somewhat behind, accounting for a further 1.5%.

From 2012 to 2022, the biggest increases were recorded for Algeria (with a CAGR of +23.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Italy ($X) and Egypt ($X) constituted the largest markets for clays for construction and industrial use exported from Portugal worldwide, with a combined 91% share of total exports. These countries were followed by Algeria, which accounted for a further 3.3%.

Algeria, with a CAGR of +28.2%, recorded the highest rates of growth with regard to the value of exports, among 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 export price for clays for construction and industrial use stood at $X per ton in 2022, increasing by 23% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for clays for construction and industrial use increased by +73.0% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Italy ($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 Italy (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clays For Construction and Industrial Use

Imports into Portugal

In 2022, the amount of clays for construction and industrial use imported into Portugal dropped to X tons, which is down by -14.8% on the previous year's figure. The total import volume increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, imports of clays for construction and industrial use totaled $X in 2022. In general, total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Spain (X tons) constituted the largest clays for construction and industrial use supplier to Portugal, accounting for a 71% share of total imports. Moreover, imports of clays for construction and industrial use from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The third position in this ranking was held by France (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Spain amounted to +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.9% per year) and France (-1.7% per year).

In value terms, Spain ($X) constituted the largest supplier of clays for construction and industrial use to Portugal, comprising 56% of total imports. The second position in the ranking was held by France ($X), with a 15% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from Spain stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-2.5% per year) and Germany (+7.8% per year).

Import Prices by Country

The average import price for clays for construction and industrial use stood at $X per ton in 2022, jumping by 18% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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