Portugal: Extruded Rod Market 2024

Extruded Rod Market Size in Portugal

The Portuguese extruded rod market fell to $X in 2022, waning by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; afterwards, it flattened through to 2022.

Extruded Rod Production in Portugal

In value terms, extruded rod production shrank to $X in 2022 estimated in export price. In general, production showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Extruded Rod Exports

Exports from Portugal

In 2022, shipments abroad of extruded rods and profile shapes of cellular vulcanised rubber decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, saw slight growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank rapidly in the following year.

In value terms, extruded rod exports contracted notably to $X in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then declined dramatically in the following year.

Exports by Country

Angola (X tons) was the main destination for extruded rod exports from Portugal, accounting for a X% share of total exports. Moreover, extruded rod exports to Angola exceeded the volume sent to the second major destination, Spain (X tons), twofold. The third position in this ranking was taken by Algeria (X tons), with a X% share.

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

In value terms, the largest markets for extruded rod exported from Portugal were Angola ($X), Spain ($X) and Algeria ($X), with a combined X% share of total exports.

Algeria, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average extruded rod export price amounted to $X per ton, dropping by X% against the previous year. Overall, the export price recorded a slight curtailment. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Cabo Verde ($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 Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Extruded Rod Imports

Imports into Portugal

In 2022, the amount of extruded rods and profile shapes of cellular vulcanised rubber imported into Portugal declined dramatically to X tons, waning by X% compared with the year before. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then shrank markedly in the following year.

In value terms, extruded rod imports dropped to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

Spain (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of extruded rod imports to Portugal, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest extruded rod suppliers to Portugal were Spain ($X), Italy ($X) and the Netherlands ($X), together comprising X% of total imports. These countries were followed by Germany, which accounted for a further X%.

In terms of the main suppliers, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average extruded rod import price amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 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 the Netherlands ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, 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 mixed trend patterns.

Source: IndexBox Platform

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