Portugal: Particle Board Market 2022

Particle Board Market Size in Portugal

The Portuguese particle board market amounted to $X in 2021, increasing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.

Particle Board Production in Portugal

In value terms, particle board production expanded slightly to $X in 2021 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Particle board production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Particle Board Exports

Exports from Portugal

Particle board exports from Portugal soared to X cubic meters in 2021, jumping by X% compared with 2020. The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, particle board exports surged to $X in 2021. In general, total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X cubic meters) was the main destination for particle board exports from Portugal, with a X% share of total exports. Moreover, particle board exports to Spain exceeded the volume sent to the second major destination, the UK (X cubic meters), fourfold. The third position in this ranking was occupied by Ireland (X cubic meters), with an X% share.

From 2012 to 2021, the average annual growth rate of volume to Spain amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Ireland (+X% per year).

In value terms, Spain ($X) remains the key foreign market for particle board exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports. It was followed by Ireland, with an X% share.

From 2012 to 2021, the average annual growth rate of value to Spain totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Ireland (+X% per year).

Export Prices by Country

In 2021, the average particle board export price amounted to $X per cubic meter, jumping by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2021, the countries with the highest prices were Ireland ($X per cubic meter) and the Netherlands ($X per cubic meter), while the average price for exports to Morocco ($X per cubic meter) and Spain ($X per cubic meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Particle Board Imports

Imports into Portugal

In 2021, overseas purchases of particle boards were finally on the rise to reach X cubic meters after two years of decline. Overall, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X cubic meters. From 2019 to 2021, the growth imports failed to regain momentum.

In value terms, particle board imports surged to $X in 2021. In general, imports showed a resilient expansion. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2019 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2021, Spain (X cubic meters) constituted the largest supplier of particle board to Portugal, with a X% share of total imports. Moreover, particle board imports from Spain exceeded the figures recorded by the second-largest supplier, France (X cubic meters), fourfold. Germany (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2021, 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: France (+X% per year) and Germany (+X% per year).

In value terms, Spain ($X) constituted the largest supplier of particle board to Portugal, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2021, 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: France (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2021, the average particle board import price amounted to $X per cubic meter, with an increase of X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Germany ($X per cubic meter) and Russia ($X per cubic meter), while the price for Spain ($X per cubic meter) and France ($X per cubic meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform