Portugal: Gummed Paper Market 2024

Gummed Paper Market Size in Portugal

In 2021, after three years of growth, there was significant decline in the Portuguese gummed paper market, when its value decreased by -31% to $X. Over the period under review, consumption recorded a abrupt contraction. Gummed paper consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Gummed Paper Production in Portugal

In value terms, gummed paper production fell significantly to $X in 2021 estimated in export price. In general, production recorded a precipitous decrease. The pace of growth appeared the most rapid in 2019 with an increase of 2,973%. Gummed paper production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Gummed Paper Exports

Exports from Portugal

In 2021, exports of gummed paper and paperboard (excluding self-adhesives) from Portugal fell significantly to X tons, with a decrease of -22.7% on 2020. Over the period under review, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 401% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, gummed paper exports contracted to $X in 2021. In general, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 369% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for gummed paper exports from Portugal, accounting for a 36% share of total exports. Moreover, gummed paper exports to France exceeded the volume sent to the second major destination, Hungary (X tons), twofold. Lithuania (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +140.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+155.5% per year) and Lithuania (+851.5% per year).

In value terms, the largest markets for gummed paper exported from Portugal were France ($X), Lithuania ($X) and Spain ($X), with a combined 64% share of total exports.

Lithuania, with a CAGR of +198.2%, recorded the highest rates of growth with regard to 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

In 2021, the average gummed paper export price amounted to $X per ton, surging by 28% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2014 an increase of 38%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Hungary ($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 China (+47.3%), while the prices for the other major destinations experienced more modest paces of growth.

Gummed Paper Imports

Imports into Portugal

In 2021, after four years of decline, there was significant growth in overseas purchases of gummed paper and paperboard (excluding self-adhesives), when their volume increased by 59% to X tons. Overall, imports recorded prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 110%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, gummed paper imports soared to $X in 2021. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), Germany (X tons) and South Korea (X tons) were the main suppliers of gummed paper imports to Portugal, with a combined 61% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +173.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest gummed paper suppliers to Portugal were Spain ($X), Germany ($X) and Italy ($X), together comprising 64% of total imports. South Korea, China, Sweden, Slovakia, Turkey and the UK lagged somewhat behind, together comprising a further 26%.

Among the main suppliers, South Korea, with a CAGR of +82.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average gummed paper import price amounted to $X per ton, with an increase of 15% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 39%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, 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 Sweden (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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