Portugal: Particle Board Market Overview 2021

Particle Board Market Size in Portugal

The Portuguese particle board market reached $X in 2020, picking up by X% against the previous year. In general, consumption, however, saw a modest increase. The pace of growth appeared the most rapid in 2009 when the market value increased by X% against the previous year. Particle board consumption peaked at $X in 2010; however, from 2011 to 2020, consumption remained at a lower figure.

Particle Board Production in Portugal

In value terms, particle board production dropped modestly to $X in 2020 estimated in export prices. Overall, production recorded a noticeable setback. The growth pace was the most rapid in 2013 when the production volume increased by X% year-to-year. Over the period under review, production attained the peak level at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Particle Board Exports

Exports from Portugal

After two years of growth, overseas shipments of particle boards decreased by -X% to X cubic meters in 2020. Over the period under review, exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Exports peaked at X cubic meters in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, particle board exports reduced to $X in 2020. Overall, exports continue to indicate a slight contraction. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Spain (X cubic meters) was the main destination for particle board exports from Portugal, accounting for 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. Ireland (X cubic meters) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume 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).

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 a X% share.

From 2007 to 2020, the average annual growth rate of value 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).

Export Prices by Country

In 2020, the average particle board export price amounted to $X per cubic meter, declining by -X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per cubic meter in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Germany ($X per cubic meter), while the average price for exports to Israel ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced mixed trend patterns.

Particle Board Imports

Imports into Portugal

In 2020, supplies from abroad of particle boards decreased by -X% to X cubic meters, falling for the second year in a row after five years of growth. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X cubic meters in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, particle board imports dropped to $X in 2020. Over the period under review, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Spain (X cubic meters) constituted the largest particle board supplier to Portugal, accounting for 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), fivefold. The third position in this ranking was occupied by Germany (X cubic meters), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Spain totaled +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 2007 to 2020, the average annual growth rate 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

The average particle board import price stood at $X per cubic meter in 2020, picking up by X% against the previous year. Over the period under review, the import price, however, saw a mild contraction. The growth pace was the most rapid in 2013 an increase of X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per cubic meter in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Germany ($X per cubic meter) and France ($X per cubic meter), while the price for Spain ($X per cubic meter) and the UK ($X per cubic meter) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for particle boards in the world?

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The country with the largest volume of particle board consumption was China (63M cubic meters), comprising approx. 37% of total volume. Moreover, particle board consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (23M cubic meters), threefold. Russia (9.7M cubic meters) ranked third in terms of total consumption with a 5.7% share.

What are the largest producers of particle boards in the world?

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China (62M cubic meters) constituted the country with the largest volume of particle board production, accounting for 38% of total volume. Moreover, particle board production in China exceeded the figures recorded by the second-largest producer, the U.S. (18M cubic meters), fourfold. Russia (10M cubic meters) ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of particle boards to Portugal?

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In value terms, Spain ($58M) constituted the largest supplier of particle board to Portugal, comprising 71% of total imports. The second position in the ranking was occupied by France ($15M), with a 18% share of total imports. It was followed by Germany, with a 3.2% share.

What are the leading importers of particle boards from Portugal?

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In value terms, Spain ($58M) remains the key foreign market for particle board exports from Portugal, comprising 54% of total exports. The second position in the ranking was occupied by the UK ($19M), with a 17% share of total exports. It was followed by Ireland, with a 10% share.

What is the average export price for particle boards in Portugal?

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In 2020, the average particle board export price amounted to $221 per cubic meter, declining by -1.6% against the previous year.

What is the average import price for particle boards in Portugal?

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In 2020, the average particle board import price amounted to $255 per cubic meter, increasing by 6.2% against the previous year.