Portugal: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2025

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Portugal

The Portuguese cement prefabricated structural components market surged to $X in 2021, increasing by 87% against the previous year. Over the period under review, consumption posted a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Portugal

In value terms, cement prefabricated structural components production expanded significantly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -7.2% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 29% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports from Portugal

In 2021, overseas shipments of prefabricated structural components of cement, concrete or artificial stone were finally on the rise to reach X tons after three years of decline. Overall, exports saw prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by 104%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, cement prefabricated structural components exports skyrocketed to $X in 2021. In general, exports recorded buoyant growth. The growth pace was the most rapid in 2014 when exports increased by 141%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), Spain (X tons) and Israel (X tons) were the main destinations of cement prefabricated structural components exports from Portugal, with a combined 87% share of total exports. Tunisia, Morocco, Uruguay and Gabon lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2021, the biggest increases were recorded for Uruguay (with a CAGR of +194.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for prefabricated structural components of cement, concrete or artificial stone exports from Portugal, comprising 56% of total exports. The second position in the ranking was taken by Spain ($X), with a 17% share of total exports. It was followed by Israel, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at +14.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+3.5% per year) and Israel (+79.4% per year).

Export Prices by Country

In 2021, the average cement prefabricated structural components export price amounted to $X per ton, picking up by 1.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2014 when the average export price increased by 18% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Spain ($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 Israel (+57.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports into Portugal

In 2021, approx. X tons of prefabricated structural components of cement, concrete or artificial stone were imported into Portugal; dropping by -25.6% against 2020 figures. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 394%. As a result, imports reached the peak of X tons, and then dropped notably in the following year.

In value terms, cement prefabricated structural components imports dropped to $X in 2021. Over the period under review, imports, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2020 when imports increased by 214%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2021, Spain (X tons) was the main supplier of cement prefabricated structural components to Portugal, with a 95% share of total imports. It was followed by Belgium (X tons), with a 3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+27.6% per year) and Germany (-7.8% per year).

In value terms, Spain ($X) constituted the largest supplier of prefabricated structural components of cement, concrete or artificial stone to Portugal, comprising 88% of total imports. The second position in the ranking was taken by Belgium ($X), with an 8.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+37.4% per year) and Germany (-5.3% per year).

Import Prices by Country

The average cement prefabricated structural components import price stood at $X per ton in 2021, rising by 26% against the previous year. Over the period under review, the import price posted a mild expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 65%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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