Portugal: Market for PVC Floor, Wall and Ceiling Coverings 2024

Market Size for PVC Floor, Wall and Ceiling Coverings in Portugal

In 2022, the Portuguese market for PVC floor, wall and ceiling coverings 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 resilient growth. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of PVC Floor, Wall and Ceiling Coverings in Portugal

In value terms, production of PVC floor, wall and ceiling coverings expanded significantly to $X in 2022 estimated in export price. Over the period under review, production posted a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Production of peaked in 2022 and is expected to retain growth in the near future.

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Exports of PVC Floor, Wall and Ceiling Coverings

Exports from Portugal

In 2022, exports of pvc floor, wall and ceiling coverings from Portugal reduced remarkably to X square meters, dropping by X% on 2021. In general, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of PVC floor, wall and ceiling coverings reduced to $X in 2022. Overall, exports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X square meters) was the main destination for exports of PVC floor, wall and ceiling coverings from Portugal, with a X% share of total exports. Moreover, exports of PVC floor, wall and ceiling coverings to Spain exceeded the volume sent to the second major destination, Italy (X square meters), eightfold. The third position in this ranking was taken by the Netherlands (X square meters), with a X% share.

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

In value terms, Spain ($X) remains the key foreign market for PVC floor, wall and ceiling coverings exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Angola ($X), with an X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, 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: Angola (X% per year) and France (X% per year).

Export Prices by Country

The average export price for PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, rising by X% against the previous year. In general, the export price enjoyed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($X per square meter), while the average price for exports to South Korea ($X per square meter) was amongst the lowest.

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

Imports of PVC Floor, Wall and Ceiling Coverings

Imports into Portugal

In 2022, supplies from abroad of PVC floor, wall and ceiling coverings was finally on the rise to reach X square meters for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports of reached the peak figure at X square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of PVC floor, wall and ceiling coverings amounted to $X in 2022. Over the period under review, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X square meters) constituted the largest PVC floor, wall and ceiling coverings supplier to Portugal, accounting for a X% share of total imports. Moreover, imports of PVC floor, wall and ceiling coverings from China exceeded the figures recorded by the second-largest supplier, Spain (X square meters), threefold. Taiwan (Chinese) (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, the largest PVC floor, wall and ceiling coverings suppliers to Portugal were China ($X), Spain ($X) and France ($X), together comprising X% of total imports.

China, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, declining by X% against the previous year. Overall, the import price, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per square meter in 2021, and then contracted remarkably in the following year.

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 France ($X per square meter), while the price for Taiwan (Chinese) ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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