Portugal: Enamels And Glazes Market 2024

Enamels And Glazes Market Size in Portugal

The Portuguese enamels and glazes market soared to $X in 2021, increasing by 21% against the previous year. The market value increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Enamels And Glazes Production in Portugal

In value terms, enamels and glazes production totaled $X in 2021 estimated in export price. Overall, production showed a noticeable slump. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Enamels And Glazes Exports

Exports from Portugal

In 2021, the amount of vitrifiable enamels and glazes for ceramics, enamelling or glass exported from Portugal soared to X tons, increasing by 41% against the previous year. Overall, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by 50%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, enamels and glazes exports surged to $X in 2021. In general, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 130% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Poland (X tons), Morocco (X tons) and Spain (X tons) were the main destinations of enamels and glazes exports from Portugal, together accounting for 82% of total exports. Germany, Italy, Mexico, the United States and Algeria lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +126.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for vitrifiable enamels and glazes for ceramics, enamelling or glass exports from Portugal, comprising 51% of total exports. The second position in the ranking was held by Poland ($X), with a 24% share of total exports. It was followed by Morocco, with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +202.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+35.0% per year) and Morocco (+19.5% per year).

Export Prices by Country

In 2021, the average enamels and glazes export price amounted to $X per ton, which is down by -6.5% against the previous year. Overall, the export price, however, showed resilient growth. The pace of growth appeared the most rapid in 2020 an increase of 92% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Algeria ($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 the United States (+34.7%), while the prices for the other major destinations experienced more modest paces of growth.

Enamels And Glazes Imports

Imports into Portugal

In 2021, the amount of vitrifiable enamels and glazes for ceramics, enamelling or glass imported into Portugal surged to X tons, with an increase of 30% on the year before. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 105%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, enamels and glazes imports soared to $X in 2021. Overall, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2014 when imports increased by 87%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Spain (X tons) was the main supplier of enamels and glazes to Portugal, with a 94% share of total imports. Moreover, enamels and glazes imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +28.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.7% per year) and Italy (+3.9% per year).

In value terms, Spain ($X) constituted the largest supplier of vitrifiable enamels and glazes for ceramics, enamelling or glass to Portugal, comprising 83% of total imports. The second position in the ranking was taken by Germany ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at +18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.9% per year) and Italy (+0.8% per year).

Import Prices by Country

The average enamels and glazes import price stood at $X per ton in 2021, with a decrease of -2.6% against the previous year. Over the period under review, the import price showed a deep downturn. The pace of growth was the most pronounced in 2019 when the average import price increased by 15%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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