Portugal: Safety Glass Market 2025

Safety Glass Market Size in Portugal

In 2022, the Portuguese safety glass market increased by 10% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +16.8% against 2020 indices. Safety glass consumption peaked in 2022 and is likely to see gradual growth in years to come.

Safety Glass Production in Portugal

In value terms, safety glass production skyrocketed to $X in 2022 estimated in export price. In general, production, however, saw a drastic downturn. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Safety Glass Exports

Exports from Portugal

In 2022, the amount of safety glass exported from Portugal reduced rapidly to X square meters, which is down by -49.5% compared with the year before. Overall, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 24%. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, safety glass exports contracted remarkably to $X in 2022. In general, exports recorded a deep setback. The growth pace was the most rapid in 2018 when exports increased by 36% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X square meters) was the main destination for safety glass exports from Portugal, with a 38% share of total exports. Moreover, safety glass exports to Spain exceeded the volume sent to the second major destination, Belgium (X square meters), twofold. Germany (X square meters) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Spain stood at -14.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-1.8% per year) and Germany (-14.4% per year).

In value terms, Spain ($X), Belgium ($X) and Germany ($X) appeared to be the largest markets for safety glass exported from Portugal worldwide, with a combined 65% share of total exports. These countries were followed by France, the Czech Republic, Angola, Cabo Verde, Italy and Hungary, which together accounted for a further 22%.

The Czech Republic, with a CAGR of +53.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average safety glass export price amounted to $X per square meter, surging by 36% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2021: its price 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, safety glass export price decreased by -1.2% against 2019 indices. Over the period under review, the average export prices hit record highs at $X per square meter in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per square meter), while the average price for exports to Cabo Verde ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Safety Glass Imports

Imports into Portugal

For the third year in a row, Portugal recorded growth in overseas purchases of safety glass, which increased by 13% to X square meters in 2022. Overall, total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.1% against 2018 indices. The pace of growth was the most pronounced in 2018 when imports increased by 25% against the previous year. As a result, imports attained the peak of X square meters; afterwards, it flattened through to 2022.

In value terms, safety glass imports expanded sharply to $X in 2022. Over the period under review, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +14.1% against 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 43%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Spain (X square meters) constituted the largest supplier of safety glass to Portugal, with a 77% share of total imports. Moreover, safety glass imports from Spain exceeded the figures recorded by the second-largest supplier, China (X square meters), eightfold. Belgium (X square meters) ranked third in terms of total imports with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+19.8% per year) and Belgium (+0.6% per year).

In value terms, Spain ($X) constituted the largest supplier of safety glass to Portugal, comprising 62% of total imports. The second position in the ranking was held by France ($X), with a 7.3% share of total imports. It was followed by China, with a 6.8% share.

From 2012 to 2021, the average annual growth rate of value from Spain totaled +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+14.9% per year) and China (+21.3% per year).

Import Prices by Country

The average safety glass import price stood at $X per square meter in 2021, increasing by 4.1% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 15% against the previous year. Over the period under review, average import prices hit record highs at $X per square meter in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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 France ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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