Report Update: May 1, 2024

Portugal - Hygienic Or Pharmaceutical Articles Of Rubber - Market Analysis, Forecast, Size, Trends And Insights

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Pharmaceutical Rubber Articles Price in Portugal - 2023

Pharmaceutical Rubber Articles Price in Portugal (CIF) - 2023

The average pharmaceutical rubber articles import price stood at $2.4 per unit in June 2023, with an increase of 51% against the previous month. In general, import price indicated a strong expansion from June 2022 to June 2023: its price increased at an average monthly rate of +7.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, pharmaceutical rubber articles import price increased by +67.3% against March 2023 indices. The growth pace was the most rapid in April 2023 an increase of 63% month-to-month. The import price peaked in June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was France ($2.6 per unit), while the price for China ($540 per thousand units) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Pharmaceutical Rubber Articles Price in Portugal (FOB) - 2022

In 2022, the average pharmaceutical rubber articles export price amounted to $1.9 per unit, which is down by -18.5% against the previous year. Over the period under review, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2019 an increase of 63%. Over the period under review, the average export prices reached the maximum at $13 per unit in 2013; however, from 2014 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 UK ($4.1 per unit), while the average price for exports to Denmark ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Pharmaceutical Rubber Articles Imports in Portugal

Pharmaceutical rubber articles imports into Portugal was estimated at 5.2M units in 2022, increasing by 4.5% on the year before. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.1% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 70% against the previous year. As a result, imports reached the peak of 5.7M units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, pharmaceutical rubber articles imports declined sharply to $6.9M in 2022. Over the period under review, imports showed temperate growth. The growth pace was the most rapid in 2020 when imports increased by 112%. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Pharmaceutical Rubber Articles in Portugal (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	1.4	6.2	5.3	3.8	39.5%
France	1.7	2.3	1.3	1.1	-13.5%
Netherlands	1.3	0.7	0.3	0.5	-27.3%
Germany	0.7	1.1	0.4	0.4	-17.0%
China	0.2	0.1	0.3	0.3	14.5%
Italy	0.3	0.3	0.2	0.2	-12.6%
India	N/A	N/A	N/A	0.1	0%
Austria	N/A	1.8	N/A	N/A	0%
Others	0.7	0.9	1.0	0.5	-10.6%
Total	6.3	13.4	8.9	6.9	3.1%

Top Suppliers of Pharmaceutical Rubber Articles to Portugal in 2022:

Austria (undefinedK units)
Spain (3262.2K units)
France (626.9K units)
Netherlands (439.0K units)
China (414.8K units)
Germany (118.7K units)
India (99.9K units)
Italy (94.7K units)

Pharmaceutical Rubber Articles Exports in Portugal

In 2022, approx. 153K units of hygienic or pharmaceutical articles of rubber were exported from Portugal; increasing by 9.6% compared with the previous year. In general, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 209% against the previous year. As a result, the exports reached the peak of 288K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, pharmaceutical rubber articles exports contracted to $288K in 2022. Over the period under review, exports showed a perceptible expansion. The most prominent rate of growth was recorded in 2020 with an increase of 300%. As a result, the exports reached the peak of $1M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Pharmaceutical Rubber Articles in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	72.5	467	48.8	71.1	-0.6%
Moldova	N/A	N/A	N/A	30.9	0%
Angola	72.4	31.1	29.6	25.8	-29.1%
Finland	67.2	18.6	9.7	24.3	-28.8%
Mozambique	4.5	24.0	7.1	20.2	65.0%
Cabo Verde	5.3	11.3	5.4	19.4	54.1%
United States	1.3	8.5	14.6	12.2	110.9%
Kuwait	N/A	4.3	6.5	10.3	54.8%
Brazil	0.8	2.7	5.6	6.0	95.7%
France	12.8	6.1	18.0	5.1	-26.4%
Macao SAR	2.7	0.6	1.0	1.5	-17.8%
Denmark	N/A	N/A	N/A	1.2	0%
Germany	N/A	24.7	36.0	0.1	-93.6%
Others	22.0	447	141	60.3	39.9%
Total	261	1,045	323	288	3.3%

Top Export Markets for Pharmaceutical Rubber Articles from Portugal in 2022:

Spain (58.6K units)
Moldova (30.8K units)
Mozambique (9.6K units)
Angola (8.3K units)
Finland (6.9K units)
Cabo Verde (5.0K units)
Kuwait (4.5K units)
Macao SAR (3.7K units)
Denmark (3.2K units)
United States (3.1K units)
Brazil (2.7K units)
France (2.2K units)
Germany (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pharmaceutical rubber articles market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22197130 - Hygienic or pharmaceutical articles of rubber (excluding sheath contraceptives)

Country coverage:

Portugal

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Portugal
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023