Portugal: Folding Boxboard Market 2025

Folding Boxboard Market Size in Portugal

The Portuguese folding boxboard market was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +4.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the near future.

Folding Boxboard Production in Portugal

In value terms, folding boxboard production surged to $X in 2021 estimated in export price. In general, production, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 177%. Folding boxboard production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Folding Boxboard Exports

Exports from Portugal

In 2021, the amount of folding boxboard exported from Portugal fell rapidly to X tons, shrinking by -49.1% on the previous year's figure. Over the period under review, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 95%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, folding boxboard exports reduced to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 51% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for folding boxboard exports from Portugal, accounting for a 54% share of total exports. Moreover, folding boxboard exports to Spain exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was held by Angola (X tons), with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain stood at -9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+40.1% per year) and Angola (-2.9% per year).

In value terms, the largest markets for folding boxboard exported from Portugal were Spain ($X), France ($X) and Angola ($X), together accounting for 82% of total exports.

In terms of the main countries of destination, France, with a CAGR of +50.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average folding boxboard export price stood at $X per ton in 2021, rising by 81% against the previous year. In general, the export price saw a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to India ($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 Poland (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Folding Boxboard Imports

Imports into Portugal

In 2021, supplies from abroad of folding boxboard was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2018 when imports increased by 13%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, folding boxboard imports soared to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest folding boxboard supplier to Portugal, accounting for a 45% share of total imports. Moreover, folding boxboard imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. France (X tons) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.4% per year) and France (+5.4% per year).

In value terms, Spain ($X) constituted the largest supplier of folding boxboard to Portugal, comprising 51% of total imports. The second position in the ranking was held by Germany ($X), with an 8.2% share of total imports. It was followed by Italy, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.9% per year) and Italy (-7.0% per year).

Import Prices by Country

The average folding boxboard import price stood at $X per ton in 2021, rising by 7.2% against the previous year. In general, the import price, however, recorded a perceptible descent. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, 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 Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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