Portugal: Market for Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Portugal

In 2023, the Portuguese market for cellular plates, sheets, film, foil and strip of plastics decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. Overall, the total consumption indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. Consumption of peaked at $X in 2022, and then declined modestly in the following year.

Production of Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Portugal

In value terms, production of cellular plates, sheets, film, foil and strip of plastics contracted to $X in 2023 estimated in export price. Overall, production, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Production of peaked at $X in 2022, and then fell modestly in the following year.

Exports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Portugal

In 2023, approx. X tons of cellular plates, sheets, film, foil and strip of plastics were exported from Portugal; increasing by X% compared with 2022. Over the period under review, total exports indicated a buoyant increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports of hit record highs at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, exports of cellular plates, sheets, film, foil and strip of plastics soared to $X in 2023. Overall, exports posted a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked in 2023 and are likely to see gradual growth in the near future.

Exports by Country

Spain (X tons) was the main destination for exports of cellular plates, sheets, film, foil and strip of plastics from Portugal, with a X% share of total exports. Moreover, exports of cellular plates, sheets, film, foil and strip of plastics to Spain exceeded the volume sent to the second major destination, France (X tons), sixfold. Germany (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Germany (X% per year).

In value terms, Spain ($X) remains the key foreign market for cellular plates, sheets, film, foil and strip of plastics exports from Portugal, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Germany (X% per year).

Export Prices by Country

In 2023, the average export price for cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, almost unchanged from the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then declined modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Portugal

In 2023, supplies from abroad of cellular plates, sheets, film, foil and strip of plastics increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, imports enjoyed a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports of hit record highs in 2023 and are expected to retain growth in the immediate term.

In value terms, imports of cellular plates, sheets, film, foil and strip of plastics rose markedly to $X in 2023. Over the period under review, imports recorded strong growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked in 2023 and are likely to continue growth in the near future.

Imports by Country

In 2023, Spain (X tons) constituted the largest cellular plates, sheets, film, foil and strip of plastics supplier to Portugal, with a X% share of total imports. Moreover, imports of cellular plates, sheets, film, foil and strip of plastics from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), sevenfold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

In value terms, Spain ($X) constituted the largest supplier of cellular plates, sheets, film, foil and strip of plastics to Portugal, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

Import Prices by Country

The average import price for cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2023, increasing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform