Portugal: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Portugal

In 2021, the Portuguese market for prefabricated buildings of plastics, concrete or aluminium increased by 6.5% to $X, rising for the fourth consecutive year after two years of decline. Overall, the total consumption indicated prominent 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. Based on 2021 figures, consumption increased by +55.2% against 2017 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Portugal

In value terms, production of prefabricated buildings of plastics, concrete or aluminium expanded rapidly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by 13%. Over the period under review, production of reached the peak level in 2021 and is expected to retain growth in the near future.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from Portugal

In 2021, exports of prefabricated buildings of plastics, concrete or aluminium from Portugal soared to X tons, with an increase of 30% on the previous year. In general, total exports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -8.5% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 42%. Over the period under review, the exports of reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium surged to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 47% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for exports of prefabricated buildings of plastics, concrete or aluminium from Portugal, with a 69% share of total exports. Moreover, exports of prefabricated buildings of plastics, concrete or aluminium to France exceeded the volume sent to the second major destination, Spain (X tons), more than tenfold. The third position in this ranking was taken by Saudi Arabia (X tons), with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume to France amounted to +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+1.6% per year) and Saudi Arabia (+8.0% per year).

In value terms, France ($X) remains the key foreign market for prefabricated buildings of plastics, concrete or aluminium exports from Portugal, comprising 66% of total exports. The second position in the ranking was held by Spain ($X), with a 9.7% share of total exports. It was followed by Saudi Arabia, with a 2.6% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+11.1% per year) and Saudi Arabia (-9.7% per year).

Export Prices by Country

In 2021, the average export price for prefabricated buildings of plastics, concrete or aluminium amounted to $X per ton, declining by -1.7% against the previous year. Overall, the export price continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2014 an increase of 9.7% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the 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 Angola ($X per ton), while the average price for exports to Luxembourg ($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 Spain (+9.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into Portugal

In 2021, approx. X tons of prefabricated buildings of plastics, concrete or aluminium were imported into Portugal; surging by 48% against the year before. Overall, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2019 with an increase of 175%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021. Over the period under review, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of prefabricated buildings of plastics, concrete or aluminium to Portugal, with a 37% share of total imports. Moreover, imports of prefabricated buildings of plastics, concrete or aluminium from Spain exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. The third position in this ranking was taken by Poland (X tons), with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain totaled +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+27.5% per year) and Poland (+127.3% per year).

In value terms, Spain ($X) constituted the largest supplier of prefabricated buildings of plastics, concrete or aluminium to Portugal, comprising 43% of total imports. The second position in the ranking was taken by Belgium ($X), with a 20% share of total imports. It was followed by France, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+28.9% per year) and France (+14.3% per year).

Import Prices by Country

The average import price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, surging by 20% against the previous year. Overall, the import price, however, continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2017 an increase of 178%. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform