Report Update: May 1, 2024

Portugal - Seals Of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights

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Vulcanised Rubber Seal Price in Portugal - 2023

Vulcanised Rubber Seal Price in Portugal (FOB) - 2023

The average vulcanised rubber seal export price stood at $37,285 per ton in August 2023, growing by 2.1% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 10% m-o-m. The export price peaked in August 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($66,998 per ton), while the average price for exports to Tunisia ($5,415 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Seal Price in Portugal (CIF) - 2023

In August 2023, the average vulcanised rubber seal import price amounted to $18,472 per ton, shrinking by -1.9% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in December 2022 an increase of 24% m-o-m. The import price peaked at $18,828 per ton in July 2023, and then dropped slightly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($119K per ton), while the price for Austria ($3,002 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Vulcanised Rubber Seal Exports in Portugal

In 2022, exports of seals of vulcanised rubber from Portugal fell remarkably to 3.1K tons, reducing by -16.7% compared with the previous year's figure. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 57%. As a result, the exports attained the peak of 3.8K tons, and then contracted significantly in the following year.

In value terms, vulcanised rubber seal exports declined modestly to $98M in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 111%. As a result, the exports attained the peak of $102M, and then dropped in the following year.

Export of Vulcanised Rubber Seal in Portugal (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	9.1	15.4	46.4	42.7	67.4%
Germany	1.1	6.1	27.8	28.0	194.2%
Spain	6.4	5.8	7.9	7.0	3.0%
Poland	4.6	4.7	5.4	4.6	0.0%
Slovakia	6.2	4.1	4.1	3.6	-16.6%
United Kingdom	6.1	6.4	3.0	3.2	-19.3%
Italy	2.3	1.8	2.1	3.0	9.3%
Angola	1.2	0.7	1.0	1.5	7.7%
Others	3.3	3.3	4.0	4.6	11.7%
Total	40.3	48.3	102	98.3	34.6%

Top Export Markets for Vulcanised Rubber Seal from Portugal in 2022:

France (963.6 tons)
Spain (873.2 tons)
Germany (446.7 tons)
Poland (153.8 tons)
Italy (141.7 tons)
Slovakia (138.5 tons)
Angola (135.0 tons)
United Kingdom (123.8 tons)

Vulcanised Rubber Seal Imports in Portugal

In 2022, the amount of seals of vulcanised rubber imported into Portugal rose significantly to 2.4K tons, with an increase of 11% compared with the previous year. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, vulcanised rubber seal imports expanded modestly to $55M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Vulcanised Rubber Seal in Portugal (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	17.6	14.2	15.4	15.0	-5.2%
Germany	8.7	8.2	10.9	13.1	14.6%
France	4.9	4.5	5.6	5.2	2.0%
Morocco	4.0	3.6	3.9	4.0	0.0%
Italy	2.2	2.0	2.1	2.0	-3.1%
Vietnam	1.0	0.6	1.4	2.0	26.0%
Belgium	1.3	1.3	1.9	1.6	7.2%
Netherlands	1.0	1.1	1.5	1.5	14.5%
United Kingdom	0.8	0.9	1.1	1.1	11.2%
Japan	0.7	0.7	0.9	0.8	4.6%
Luxembourg	0.1	0.2	0.3	0.2	26.0%
Others	6.5	5.9	7.3	8.2	8.1%
Total	48.7	43.3	52.1	54.7	3.9%

Top Suppliers of Vulcanised Rubber Seal to Portugal in 2022:

Spain (957.3 tons)
Germany (390.6 tons)
Morocco (187.1 tons)
Luxembourg (115.1 tons)
France (114.1 tons)
Vietnam (99.0 tons)
Italy (94.2 tons)
Belgium (83.8 tons)
Netherlands (57.6 tons)
Japan (41.8 tons)
United Kingdom (32.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vulcanised rubber seal 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 22197323 - Seals, of vulcanised rubber

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
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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