Portugal: Asphalted Paper Market 2025

Asphalted Paper Market Size in Portugal

The Portuguese asphalted paper market contracted significantly to $X in 2022, which is down by -52.5% against the previous year. Overall, consumption faced a abrupt slump. Asphalted paper consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Asphalted Paper Production in Portugal

In value terms, asphalted paper production surged to $X in 2022 estimated in export price. In general, production showed a deep setback. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Asphalted Paper Exports

Exports from Portugal

In 2022, approx. X tons of tarred, bituminised or asphalted paper and paperboard were exported from Portugal; with an increase of 10% on the previous year's figure. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 2,199%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, asphalted paper exports skyrocketed to $X in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 1,512%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Angola (X tons) was the main destination for asphalted paper exports from Portugal, with a 88% share of total exports. Moreover, asphalted paper exports to Angola exceeded the volume sent to the second major destination, Mozambique (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Angola stood at +34.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+65.8% per year) and Cabo Verde (+42.0% per year).

In value terms, Angola ($X) remains the key foreign market for tarred, bituminised or asphalted paper and paperboard exports from Portugal, comprising 85% of total exports. The second position in the ranking was taken by Mozambique ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Angola amounted to +33.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+82.5% per year) and Cabo Verde (+35.0% per year).

Export Prices by Country

In 2022, the average asphalted paper export price amounted to $X per ton, increasing by 28% against the previous year. Over the period under review, the export price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 301%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Angola ($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 Mozambique (+10.1%), while the prices for the other major destinations experienced a decline.

Asphalted Paper Imports

Imports into Portugal

In 2022, asphalted paper imports into Portugal dropped rapidly to X tons, which is down by -48.9% compared with 2021. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 51% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, asphalted paper imports plummeted to $X in 2022. In general, imports recorded a deep setback. The growth pace was the most rapid in 2018 when imports increased by 27% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) was the main asphalted paper supplier to Portugal, with a 91% share of total imports. Moreover, asphalted paper imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. The third position in this ranking was taken by France (X tons), with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled -14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-26.0% per year) and France (-14.9% per year).

In value terms, Spain ($X) constituted the largest supplier of tarred, bituminised or asphalted paper and paperboard to Portugal, comprising 89% of total imports. The second position in the ranking was held by Italy ($X), with a 4.1% share of total imports. It was followed by France, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at -12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-22.0% per year) and France (-18.8% per year).

Import Prices by Country

The average asphalted paper import price stood at $X per ton in 2022, shrinking by -8% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, asphalted paper import price increased by +47.6% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 66% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average 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 ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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