Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Portugal - 2023
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Portugal (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Portugal (FOB) - 2023
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Portugal
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Portugal
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Portugal (CIF) - 2022
The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $4,440 per ton in 2022, rising by 6.9% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for adhesives; prepared, based on rubber or plastics (including artificial resins) increased by +13.5% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 51% against the previous year. As a result, import price reached the peak level of $5,278 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($5,375 per ton), while the price for Italy ($3,193 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Portugal (FOB) - 2023
In November 2023, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,615 per ton, which is down by -3.6% against the previous month. Overall, the export price recorded a mild downturn. The pace of growth appeared the most rapid in April 2023 an increase of 33% m-o-m. The export price peaked at $3,164 per ton in December 2022; however, from January 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Germany ($4,161 per ton), while the average price for exports to Nigeria ($1,316 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Portugal
In 2022, approx. 11K tons of adhesives; prepared, based on rubber or plastics (including artificial resins) were imported into Portugal; with an increase of 8.9% against 2021 figures. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) soared to $49M in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 49%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.0 | 13.1 | 19.9 | 18.5 | 12.5% |
| Spain | 4.6 | 5.0 | 8.9 | 8.9 | 24.6% |
| Netherlands | 0.6 | 0.6 | 1.5 | 7.2 | 128.9% |
| Italy | 3.6 | 3.8 | 5.1 | 6.2 | 19.9% |
| France | 3.1 | 2.9 | 3.7 | 3.7 | 6.1% |
| Belgium | 0.4 | 0.4 | 0.6 | 1.1 | 40.1% |
| Others | 2.0 | 2.3 | 2.2 | 3.1 | 15.7% |
| Total | 27.3 | 28.1 | 41.9 | 48.8 | 21.4% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Portugal in 2022:
- Germany (3.7K tons)
- Spain (2.2K tons)
- Italy (2.0K tons)
- Netherlands (1.3K tons)
- France (0.9K tons)
- Belgium (0.3K tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Portugal
For the fourth year in a row, Portugal recorded growth in shipments abroad of adhesives; prepared, based on rubber or plastics (including artificial resins), which increased by 3.1% to 15K tons in 2022. The total export volume increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) surged to $43M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.5 | 5.1 | 6.1 | 7.6 | 11.4% |
| Germany | 4.0 | 6.5 | 7.7 | 6.8 | 19.3% |
| France | 1.4 | 3.1 | 3.9 | 4.2 | 44.2% |
| Italy | 1.2 | 1.5 | 2.1 | 2.7 | 31.0% |
| Turkey | 3.3 | 3.5 | 3.6 | 2.2 | -12.6% |
| Cameroon | N/A | N/A | N/A | 2.1 | 0% |
| Angola | 0.2 | 0.3 | 0.2 | 2.0 | 115.4% |
| United States | 0.1 | 0.3 | 0.5 | 1.3 | 135.1% |
| Morocco | 0.8 | 0.9 | 1.0 | 1.1 | 11.2% |
| Brazil | 0.5 | N/A | 0.2 | 1.0 | 26.0% |
| Poland | 0.1 | 0.6 | 0.7 | 1.0 | 115.4% |
| Gabon | N/A | N/A | 0.1 | 0.8 | 700.0% |
| United Kingdom | 0.6 | 0.6 | 0.6 | 0.8 | 10.1% |
| Others | 5.2 | 5.3 | 5.7 | 10.0 | 24.4% |
| Total | 22.9 | 27.7 | 32.3 | 43.4 | 23.8% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Portugal in 2022:
- Spain (3.8K tons)
- France (1.6K tons)
- Germany (1.5K tons)
- Italy (0.9K tons)
- Turkey (0.7K tons)
- Angola (0.6K tons)
- United States (0.4K tons)
- Morocco (0.4K tons)
- Brazil (0.3K tons)
- Poland (0.3K tons)
- Gabon (0.3K tons)
- United Kingdom (0.3K tons)
- Cameroon (0.3K tons)
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Portugal.
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Portugal.
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This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
247
Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
