Portugal: Sulphite Wrapping Paper Market 2024

Sulphite Wrapping Paper Market Size in Portugal

The Portuguese sulphite wrapping paper market contracted markedly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption continues to indicate a deep contraction. Sulphite wrapping paper consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sulphite Wrapping Paper Production in Portugal

In value terms, sulphite wrapping paper production fell rapidly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Sulphite Wrapping Paper Exports

Exports from Portugal

In 2022, shipments abroad of sulphite wrapping paper decreased by X% to X tons, falling for the second year in a row after four years of growth. In general, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, sulphite wrapping paper exports contracted notably to $X in 2022. Over the period under review, exports, however, recorded a notable increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for sulphite wrapping paper exports from Portugal, accounting for a X% share of total exports. Moreover, sulphite wrapping paper exports to Spain exceeded the volume sent to the second major destination, Germany (X tons), twofold. Albania (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Albania (X% per year).

In value terms, Spain ($X) remains the key foreign market for sulphite wrapping paper exports from Portugal, comprising X% of total exports. The second position in the ranking was held by Albania ($X), with a X% share of total exports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (X% per year) and Germany (X% per year).

Export Prices by Country

The average sulphite wrapping paper export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, saw a perceptible contraction. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Romania ($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 (X%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphite Wrapping Paper Imports

Imports into Portugal

In 2022, purchases abroad of sulphite wrapping paper decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then dropped sharply in the following year.

In value terms, sulphite wrapping paper imports fell to $X in 2022. Overall, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

Germany (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of sulphite wrapping paper imports to Portugal, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Spain ($X) were the largest sulphite wrapping paper suppliers to Portugal, with a combined X% share of total imports.

Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 sulphite wrapping paper import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood 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 China ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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