Portugal: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Portugal

The Portuguese market for self-adhesive plastic tape in rolls of a width under 20cm reduced rapidly to $X in 2022, waning by -47.8% against the previous year. Overall, consumption, however, showed a noticeable increase. As a result, consumption reached the peak level of $X, and then dropped significantly in the following year.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Portugal

In value terms, production of self-adhesive plastic tape in rolls of a width under 20cm soared to $X in 2022 estimated in export price. Overall, production continues to indicate a deep slump. The most prominent rate of growth was recorded in 2015 when the production volume increased by 78%. As a result, production attained the peak level of $X. From 2016 to 2022, production of growth remained at a somewhat lower figure.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Portugal

For the third year in a row, Portugal recorded growth in shipments abroad of self-adhesive plastic tape in rolls of a width under 20cm, which increased by 12% to X tons in 2022. In general, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by 22%. Over the period under review, the exports of reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm shrank to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 55% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

The UK (X tons), Spain (X tons) and Angola (X tons) were the main destinations of exports of self-adhesive plastic tape in rolls of a width under 20cm from Portugal, with a combined 59% share of total exports. France, Germany, Mozambique, Cabo Verde and Poland lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +171.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for self-adhesive plastic tape in rolls of a width under 20cm exported from Portugal were Spain ($X), Angola ($X) and France ($X), with a combined 59% share of total exports. The UK, Germany, Poland, Mozambique and Cabo Verde lagged somewhat behind, together accounting for a further 23%.

In terms of the main countries of destination, Poland, with a CAGR of +165.3%, 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

In 2022, the average export price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, shrinking by -15.2% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for self-adhesive plastic tape in rolls of a width under 20cm increased by +11.8% against 2015 indices. The pace of growth was the most pronounced in 2015 when the average export price increased by 48%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+18.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Portugal

In 2022, approx. X tons of self-adhesive plastic tape in rolls of a width under 20cm were imported into Portugal; remaining stable against the previous year. Overall, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2016 when imports increased by 36% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm dropped modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 43%. Over the period under review, imports of attained the maximum at $X in 2021, and then reduced modestly in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Portugal, accounting for a 47% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under 20cm from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. China (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-2.7% per year) and China (+12.2% per year).

In value terms, Spain ($X) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Portugal, comprising 42% of total imports. The second position in the ranking was taken by Germany ($X), with a 17% share of total imports. It was followed by Italy, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Spain stood at +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.8% per year) and Italy (-0.6% per year).

Import Prices by Country

In 2022, the average import price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, almost unchanged from the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 12% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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