Portugal: Plastic Supports Market 2025

Plastic Supports Market Size in Portugal

The Portuguese plastic supports market soared to $X in 2022, increasing by 37% against the previous year. In general, consumption enjoyed a resilient expansion. Plastic supports consumption peaked in 2022 and is likely to see gradual growth in the near future.

Plastic Supports Production in Portugal

In value terms, plastic supports production surged to $X in 2022 estimated in export price. In general, production posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 53% against the previous year. Over the period under review, production attained the maximum level in 2022 and is likely to see gradual growth in the near future.

Plastic Supports Exports

Exports from Portugal

In 2022, overseas shipments of spools, cops, bobbins and similar supports of plastics increased by 25% to X tons, rising for the second consecutive year after three years of decline. In general, exports recorded a remarkable increase. The growth pace was the most rapid in 2014 with an increase of 35%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, plastic supports exports soared to $X in 2022. Overall, total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 46%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Spain (X tons) was the main destination for plastic supports exports from Portugal, accounting for a 45% share of total exports. Moreover, plastic supports exports to Spain exceeded the volume sent to the second major destination, Romania (X tons), fivefold. The Czech Republic (X tons) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain stood at +20.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+12.5% per year) and the Czech Republic (+63.0% per year).

In value terms, Spain ($X) remains the key foreign market for spools, cops, bobbins and similar supports of plastics exports from Portugal, comprising 27% of total exports. The second position in the ranking was taken by Romania ($X), with a 12% share of total exports. It was followed by Germany, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain totaled +17.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+7.7% per year) and Germany (+10.5% per year).

Export Prices by Country

The average plastic supports export price stood at $X per ton in 2022, growing by 3.5% against the previous year. Overall, the export price, however, continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 24%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, 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 Germany ($X per ton), while the average price for exports to France ($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 France (-0.4%), while the prices for the other major destinations experienced a decline.

Plastic Supports Imports

Imports into Portugal

In 2022, supplies from abroad of spools, cops, bobbins and similar supports of plastics increased by 40% to X tons, rising for the second consecutive year after two years of decline. Overall, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic supports imports soared to $X in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.8% 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 +66.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Spain (X tons) constituted the largest plastic supports supplier to Portugal, with a 29% share of total imports. Moreover, plastic supports imports from Spain exceeded the figures recorded by the second-largest supplier, Morocco (X tons), threefold. The third position in this ranking was taken by Italy (X tons), with an 8.6% share.

From 2012 to 2022, the average annual growth rate of volume from Spain amounted to +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (+4.8% per year) and Italy (+6.0% per year).

In value terms, Spain ($X), Morocco ($X) and Italy ($X) constituted the largest plastic supports suppliers to Portugal, together comprising 45% of total imports. Germany, the Czech Republic, Romania, Sweden, Turkey, Poland, Serbia, China, Bulgaria and France lagged somewhat behind, together accounting for a further 44%.

Serbia, with a CAGR of +1,393.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic supports import price stood at $X per ton in 2022, with a decrease of -12.1% against the previous year. Over the period under review, the import price showed a mild curtailment. The most prominent rate of growth was recorded in 2013 an increase of 29%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat 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 Morocco ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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