Portugal: Market for Vulcanised Cellular Rubber Articles For Technical Uses 2025

Market Size for Vulcanised Cellular Rubber Articles For Technical Uses in Portugal

In 2021, the Portuguese vulcanised cellular rubber articles market decreased by -0.8% to $X, falling for the fourth year in a row after three years of growth. Overall, consumption, however, recorded a significant expansion. Vulcanised cellular rubber articles consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Vulcanised Cellular Rubber Articles For Technical Uses in Portugal

In value terms, vulcanised cellular rubber articles production declined to $X in 2021 estimated in export price. Over the period under review, production, however, posted significant growth. The growth pace was the most rapid in 2016 when the production volume increased by 1,137%. Vulcanised cellular rubber articles production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Vulcanised Cellular Rubber Articles For Technical Uses

Exports from Portugal

In 2021, approx. X tons of vulcanised cellular rubber articles for technical uses were exported from Portugal; with an increase of 7.3% on the previous year. In general, exports recorded strong growth. The growth pace was the most rapid in 2013 with an increase of 167% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, vulcanised cellular rubber articles exports skyrocketed to $X in 2021. Over the period under review, exports posted strong growth. The most prominent rate of growth was recorded in 2013 when exports increased by 158%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for vulcanised cellular rubber articles exports from Portugal, with a 59% share of total exports. Moreover, vulcanised cellular rubber articles exports to Spain exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was held by Italy (X tons), with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume to Spain totaled +66.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+4.7% per year) and Italy (+140.0% per year).

In value terms, Spain ($X) remains the key foreign market for vulcanised cellular rubber articles for technical uses exports from Portugal, comprising 49% of total exports. The second position in the ranking was held by France ($X), with a 17% share of total exports. It was followed by Angola, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to Spain stood at +71.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+4.7% per year) and Angola (+3.3% per year).

Export Prices by Country

The average vulcanised cellular rubber articles export price stood at $X per ton in 2021, increasing by 22% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 98% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Angola ($X per ton), while the average price for exports to Italy ($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 Angola (+12.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vulcanised Cellular Rubber Articles For Technical Uses

Imports into Portugal

In 2021, imports of vulcanised cellular rubber articles for technical uses into Portugal reached X tons, surging by 4.8% on the year before. Over the period under review, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2016 when imports increased by 121% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, vulcanised cellular rubber articles imports skyrocketed to $X in 2021. Overall, imports posted resilient growth. The growth pace was the most rapid in 2016 when imports increased by 101% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Spain (X tons), China (X tons) and Italy (X tons) were the main suppliers of vulcanised cellular rubber articles imports to Portugal, together comprising 87% of total imports. These countries were followed by France, Germany, Turkey and the UK, which together accounted for a further 8.7%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +46.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of vulcanised cellular rubber articles for technical uses to Portugal, comprising 56% of total imports. The second position in the ranking was held by China ($X), with a 12% share of total imports. It was followed by Germany, with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.5% per year) and Germany (+19.6% per year).

Import Prices by Country

The average vulcanised cellular rubber articles import price stood at $X per ton in 2021, with an increase of 10% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 45%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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