Portugal: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in Portugal

In 2022, the Portuguese rolled bitumen articles market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. Over the period under review, the market attained the maximum level at $X in 2021, and then shrank in the following year.

Rolled Bitumen Articles Production in Portugal

In value terms, rolled bitumen articles production stood at $X in 2022 estimated in export price. Overall, the total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2015 indices. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level in 2022 and is expected to retain growth in years to come.

Rolled Bitumen Articles Exports

Exports from Portugal

After three years of decline, overseas shipments of articles of bitumen in rolls increased by X% to X square meters in 2022. Over the period under review, total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. The exports peaked at X square meters in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, rolled bitumen articles exports rose slightly to $X in 2022. In general, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X square meters), the UK (X square meters) and Morocco (X square meters) were the main destinations of rolled bitumen articles exports from Portugal, with a combined X% share of total exports. Belgium, Angola, Ireland and Chile lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the UK ($X) and Morocco ($X) constituted the largest markets for rolled bitumen articles exported from Portugal worldwide, together accounting for X% of total exports. Belgium, Angola, Ireland and Chile lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Chile, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average rolled bitumen articles export price stood at $X per square meter in 2022, declining by X% against the previous year. Overall, the export price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices hit record highs at $X per square meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per square meter), while the average price for exports to Chile ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced mixed trend patterns.

Rolled Bitumen Articles Imports

Imports into Portugal

Rolled bitumen articles imports into Portugal rose markedly to X square meters in 2022, increasing by X% compared with 2021 figures. Over the period under review, imports, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at X square meters in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, rolled bitumen articles imports amounted to $X in 2022. Overall, imports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2018 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X square meters) constituted the largest supplier of rolled bitumen articles to Portugal, accounting for a X% share of total imports. Moreover, rolled bitumen articles imports from Spain exceeded the figures recorded by the second-largest supplier, Egypt (X square meters), ninefold. Belgium (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Belgium (X% per year).

In value terms, Spain ($X) constituted the largest supplier of articles of bitumen in rolls to Portugal, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average rolled bitumen articles import price amounted to $X per square meter, which is down by X% against the previous year. Overall, the import price continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices reached the maximum at $X per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Egypt ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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