Portugal: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in Portugal

The Portuguese plastic household ware market soared to $X in 2021, with an increase of 17% against the previous year. In general, consumption recorded a resilient increase. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Plastic Household Ware Production in Portugal

In value terms, plastic household ware production surged to $X in 2021 estimated in export price. In general, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -12.8% against 2018 indices. The growth pace was the most rapid in 2014 when the production volume increased by 31% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Plastic Household Ware Exports

Exports from Portugal

In 2021, plastic household ware exports from Portugal reached X tons, with an increase of 3.6% compared with 2020. The total export volume increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2018 with an increase of 11% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, plastic household ware exports expanded sharply to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 16% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X tons), France (X tons) and Belgium (X tons) were the main destinations of plastic household ware exports from Portugal, with a combined 62% share of total exports. Germany, the Netherlands, the United States, Poland, Angola, Sweden and Denmark lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +25.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Belgium ($X) and France ($X) appeared to be the largest markets for plastic household ware exported from Portugal worldwide, together comprising 55% of total exports. Germany, the Netherlands, the United States, Poland, Angola, Denmark and Sweden lagged somewhat behind, together accounting for a further 34%.

In terms of the main countries of destination, the United States, with a CAGR of +35.7%, 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 plastic household ware export price stood at $X per ton in 2021, increasing by 2.3% against the previous year. Over the period under review, the export price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2017 an increase of 5.1% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Sweden ($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 the Netherlands (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Ware Imports

Imports into Portugal

In 2021, after three years of decline, there was significant growth in overseas purchases of plastics household articles and toilet articles, when their volume increased by 19% to X tons. Over the period under review, total imports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 27% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, plastic household ware imports soared to $X in 2021. Overall, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Spain (X tons) constituted the largest plastic household ware supplier to Portugal, accounting for a 52% share of total imports. Moreover, plastic household ware imports from Spain exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The third position in this ranking was taken by France (X tons), with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.0% per year) and France (-1.6% per year).

In value terms, Spain ($X) constituted the largest supplier of plastics household articles and toilet articles to Portugal, comprising 47% of total imports. The second position in the ranking was held by Belgium ($X), with a 9.8% share of total imports. It was followed by France, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value from Spain stood at +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+22.1% per year) and France (-2.0% per year).

Import Prices by Country

In 2021, the average plastic household ware import price amounted to $X per ton, flattening at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 9.2% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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