Price for Waste, Parings and Scrap, of Plastics in Portugal - 2023
Contents:
- Price for Waste, Parings and Scrap, of Plastics in Portugal (CIF) - 2022
- Price for Waste, Parings and Scrap, of Plastics in Portugal (FOB) - 2023
- Imports of Waste, Parings and Scrap, of Plastics in Portugal
- Exports of Waste, Parings and Scrap, of Plastics in Portugal
Price for Waste, Parings and Scrap, of Plastics in Portugal (CIF) - 2022
In 2022, the average import price for waste, parings and scrap, of plasticses amounted to $237 per ton, approximately equating the previous year. Overall, the import price saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 34% against the previous year. The import price peaked at $466 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,130 per ton), while the price for France ($126 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Waste, Parings and Scrap, of Plastics in Portugal (FOB) - 2023
In October 2023, the average export price for waste, parings and scrap, of plasticses amounted to $600 per ton, remaining relatively unchanged against the previous month. In general, the export price recorded a pronounced curtailment. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 25% month-to-month. The export price peaked at $858 per ton in November 2022; however, from December 2022 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($856 per ton), while the average price for exports to the Netherlands ($297 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Waste, Parings and Scrap, of Plastics in Portugal
In 2022, the amount of waste, parings and scrap, of plasticses imported into Portugal surged to 251K tons, growing by 63% on 2021 figures. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 127% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of waste, parings and scrap, of plasticses soared to $59M in 2022. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 96%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Waste, Parings and Scrap, of Plastics in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 7.0 | 7.0 | 21.5 | 32.4 | 66.7% |
| United Kingdom | 1.4 | 1.4 | 5.2 | 8.7 | 83.9% |
| France | 1.3 | 2.0 | 1.2 | 2.0 | 15.4% |
| Germany | 12.5 | 5.7 | 3.8 | 1.3 | -53.0% |
| Netherlands | 2.4 | 0.7 | 0.3 | 0.7 | -33.7% |
| Others | 3.6 | 2.1 | 5.0 | 14.3 | 58.4% |
| Total | 28.2 | 18.8 | 36.9 | 59.5 | 28.3% |
Top Suppliers of Waste, Parings and Scrap, of Plastics to Portugal in 2022:
- Spain (203.8K tons)
- France (16.1K tons)
- United Kingdom (13.6K tons)
- Germany (1.2K tons)
- Netherlands (0.7K tons)
Exports of Waste, Parings and Scrap, of Plastics in Portugal
In 2022, overseas shipments of waste, parings and scrap, of plasticses decreased by -0.7% to 65K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of 66K tons, leveling off in the following year.
In value terms, exports of waste, parings and scrap, of plasticses soared to $55M in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 95%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Waste, Parings and Scrap, of Plastics in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 13.8 | 14.4 | 24.5 | 32.9 | 33.6% |
| France | 1.4 | 1.9 | 7.8 | 8.3 | 81.0% |
| Belgium | 0.3 | 0.2 | 3.2 | 4.6 | 148.4% |
| Austria | N/A | 0.1 | 0.2 | 2.1 | 358.3% |
| Italy | 1.0 | 1.2 | 1.7 | 1.5 | 14.5% |
| Netherlands | 0.4 | 1.2 | 1.3 | 1.1 | 40.1% |
| Turkey | 1.0 | 0.4 | 0.9 | 0.6 | -15.7% |
| Germany | 0.8 | 0.1 | 1.8 | 0.6 | -9.1% |
| Malaysia | 0.2 | 0.7 | 0.1 | 0.3 | 14.5% |
| Hong Kong SAR | 1.6 | 0.3 | N/A | N/A | -81.3% |
| Others | 1.7 | 2.0 | 2.3 | 2.6 | 15.2% |
| Total | 22.3 | 22.4 | 43.8 | 54.7 | 34.9% |
Top Export Markets for Waste, Parings and Scrap, of Plastics from Portugal in 2022:
- Spain (40.8K tons)
- France (7.0K tons)
- Netherlands (5.0K tons)
- Belgium (2.6K tons)
- Austria (2.4K tons)
- Italy (2.2K tons)
- Turkey (1.9K tons)
- Germany (0.6K tons)
- Malaysia (0.5K tons)
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