Portugal: Market for Moulded Or Pressed Articles Of Paper Pulp 2024

Market Size for Moulded Or Pressed Articles Of Paper Pulp in Portugal

The Portuguese paper pulp moulded articles market soared to $X in 2022, jumping by 51% against the previous year. Overall, consumption saw a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Moulded Or Pressed Articles Of Paper Pulp in Portugal

In value terms, paper pulp moulded articles production skyrocketed to $X in 2022 estimated in export price. Overall, production showed a buoyant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Moulded Or Pressed Articles Of Paper Pulp

Exports from Portugal

In 2022, after three years of growth, there was significant decline in overseas shipments of moulded or pressed articles of paper pulp, when their volume decreased by -8.6% to X tons. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 26%. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, paper pulp moulded articles exports soared to $X in 2022. Over the period under review, exports, however, enjoyed a resilient 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) was the main destination for paper pulp moulded articles exports from Portugal, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain stood at +8.8%.

In value terms, Spain ($X) also remains the key foreign market for moulded or pressed articles of paper pulp exports from Portugal.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain totaled +13.3%.

Export Prices by Country

In 2022, the average paper pulp moulded articles export price amounted to $X per ton, growing by 78% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper pulp moulded articles export price increased by +117.5% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +4.1% per year.

Imports of Moulded Or Pressed Articles Of Paper Pulp

Imports into Portugal

In 2022, overseas purchases of moulded or pressed articles of paper pulp decreased by -24.1% to X tons, falling for the third year in a row after three years of growth. Over the period under review, imports saw a perceptible contraction. The pace of growth was the most pronounced in 2019 with an increase of 17%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paper pulp moulded articles imports plummeted to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 47% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of paper pulp moulded articles to Portugal, accounting for a 60% share of total imports. Moreover, paper pulp moulded articles imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Austria (X tons) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at -7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+26.7% per year) and Austria (+114.2% per year).

In value terms, Spain ($X) constituted the largest supplier of moulded or pressed articles of paper pulp to Portugal, comprising 60% of total imports. The second position in the ranking was held by China ($X), with a 9.5% share of total imports. It was followed by France, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.4% per year) and France (+27.7% per year).

Import Prices by Country

The average paper pulp moulded articles import price stood at $X per ton in 2022, surging by 10% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper pulp moulded articles import price increased by +26.0% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by 49% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 Italy ($X per ton), while the price for France ($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 (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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