Portugal: Toothpaste Market 2024

Toothpaste Market Size in Portugal

In 2021, the Portuguese toothpaste market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Toothpaste Production in Portugal

In value terms, toothpaste production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, posted resilient growth. The pace of growth was the most pronounced in 2014 when the production volume increased by 75% against the previous year. Toothpaste production peaked at $X in 2020, and then fell in the following year.

Toothpaste Exports

Exports from Portugal

In 2021, overseas shipments of toothpaste, denture cleaners and other dentifrices were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2014 with an increase of 128% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, toothpaste exports expanded rapidly to $X in 2021. Overall, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -15.1% against 2018 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 61% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for toothpaste exports from Portugal, accounting for a 53% share of total exports. Moreover, toothpaste exports to Spain exceeded the volume sent to the second major destination, Cabo Verde (X tons), threefold. France (X tons) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain stood at +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cabo Verde (+10.2% per year) and France (+37.2% per year).

In value terms, Spain ($X) remains the key foreign market for toothpaste, denture cleaners and other dentifrices exports from Portugal, comprising 48% of total exports. The second position in the ranking was taken by Cabo Verde ($X), with a 17% share of total exports. It was followed by Angola, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain totaled +8.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cabo Verde (+11.6% per year) and Angola (-13.7% per year).

Export Prices by Country

The average toothpaste export price stood at $X per ton in 2021, stabilizing at the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 51% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Angola ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.

Toothpaste Imports

Imports into Portugal

In 2021, after two years of decline, there was growth in supplies from abroad of toothpaste, denture cleaners and other dentifrices, when their volume increased by 2.3% to X tons. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 12% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, toothpaste imports stood at $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 14% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of toothpaste to Portugal, with a 66% share of total imports. Moreover, toothpaste imports from Spain exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), fivefold. The third position in this ranking was held by the UK (X tons), with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+27.8% per year) and the UK (-12.7% per year).

In value terms, Spain ($X) constituted the largest supplier of toothpaste, denture cleaners and other dentifrices to Portugal, comprising 52% of total imports. The second position in the ranking was taken by France ($X), with a 12% share of total imports. It was followed by Slovakia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.8% per year) and Slovakia (+22.8% per year).

Import Prices by Country

The average toothpaste import price stood at $X per ton in 2021, growing by 11% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 21%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :