Portugal: Bituminous Mixtures Market 2024

Bituminous Mixtures Market Size in Portugal

In 2022, the Portuguese bituminous mixtures market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption enjoyed moderate growth. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Bituminous Mixtures Production in Portugal

In value terms, bituminous mixtures production skyrocketed to $X in 2022 estimated in export price. In general, production saw a modest expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

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Bituminous Mixtures Exports

Exports from Portugal

Bituminous mixtures exports from Portugal fell dramatically to X tons in 2022, reducing by X% on 2021 figures. Overall, exports faced a dramatic decline. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, bituminous mixtures exports surged to $X in 2022. Over the period under review, exports faced a significant contraction. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sao Tome and Principe (X tons) was the main destination for bituminous mixtures exports from Portugal, with a X% share of total exports. Moreover, bituminous mixtures exports to Sao Tome and Principe exceeded the volume sent to the second major destination, Spain (X tons), twofold. Angola (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sao Tome and Principe amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Angola (X% per year).

In value terms, Sao Tome and Principe ($X) emerged as the key foreign market for bituminous mixtures exports from Portugal, comprising X% of total exports. The second position in the ranking was held by Angola ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sao Tome and Principe stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (X% per year) and Spain (X% per year).

Export Prices by Country

The average bituminous mixtures export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price enjoyed temperate growth. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

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 Gambia ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

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

Bituminous Mixtures Imports

Imports into Portugal

In 2022, supplies from abroad of bituminous mixtures decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports showed a mild contraction. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then shrank significantly in the following year.

In value terms, bituminous mixtures imports shrank sharply to $X in 2022. Over the period under review, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X tons) was the main supplier of bituminous mixtures to Portugal, accounting for a X% share of total imports. It was followed by the Netherlands (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to X%.

In value terms, Spain ($X) constituted the largest supplier of bituminous mixtures to Portugal, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled X%.

Import Prices by Country

The average bituminous mixtures import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, showed a pronounced contraction. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Spain totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform

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