Portugal: Cellulose Fibrecement Sheet Market 2024

Cellulose Fibrecement Sheet Market Size in Portugal

The Portuguese cellulose fibrecement sheet market surged to $X in 2022, rising by 16% against the previous year. Overall, consumption, however, showed a perceptible curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Cellulose Fibrecement Sheet Production in Portugal

In value terms, cellulose fibrecement sheet production surged to $X in 2022 estimated in export price. In general, production, however, saw a drastic downturn. The pace of growth was the most pronounced in 2020 when the production volume increased by 138%. Cellulose fibrecement sheet production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Cellulose Fibrecement Sheet Exports

Exports from Portugal

In 2022, the amount of sheets, panels and tiles of cellulose fibrecement exported from Portugal fell sharply to X tons, with a decrease of -27.4% on 2021. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of 29%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cellulose fibrecement sheet exports contracted notably to $X in 2022. Overall, exports faced a deep setback. The growth pace was the most rapid in 2021 with an increase of 163%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for cellulose fibrecement sheet exports from Portugal, accounting for a 86% share of total exports. Moreover, cellulose fibrecement sheet exports to Spain exceeded the volume sent to the second major destination, Cabo Verde (X tons), more than tenfold. The United States (X tons) ranked third in terms of total exports with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled -10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cabo Verde (+25.8% per year) and the United States (-5.9% per year).

In value terms, Spain ($X) remains the key foreign market for sheets, panels and tiles of cellulose fibrecement exports from Portugal, comprising 60% of total exports. The second position in the ranking was held by the United States ($X), with a 23% share of total exports. It was followed by Cabo Verde, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain amounted to -15.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+19.8% per year) and Cabo Verde (+29.2% per year).

Export Prices by Country

The average cellulose fibrecement sheet export price stood at $X per ton in 2022, with a decrease of -33.2% against the previous year. In general, the export price showed a mild descent. The most prominent rate of growth was recorded in 2021 an increase of 134%. As a result, the export price reached the peak level of $X per ton, and then declined notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Spain ($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 the United States (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

Cellulose Fibrecement Sheet Imports

Imports into Portugal

In 2022, the amount of sheets, panels and tiles of cellulose fibrecement imported into Portugal shrank to X tons, falling by -8.4% against 2021. In general, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.3% 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 +21.0% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of 63%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, cellulose fibrecement sheet imports dropped modestly to $X in 2022. Overall, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2015 with an increase of 127% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of cellulose fibrecement sheet to Portugal, accounting for a 85% share of total imports. Moreover, cellulose fibrecement sheet imports from Spain exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The Netherlands (X tons) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+56.5% per year) and the Netherlands (+178.5% per year).

In value terms, Spain ($X) constituted the largest supplier of sheets, panels and tiles of cellulose fibrecement to Portugal, comprising 90% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 3.7% share of total imports. It was followed by China, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value from Spain totaled +15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+125.2% per year) and China (+69.9% per year).

Import Prices by Country

The average cellulose fibrecement sheet import price stood at $X per ton in 2022, rising by 6.8% against the previous year. Overall, the import price continues to indicate a prominent increase. The growth pace was the most rapid in 2021 an increase of 47% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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