Portugal: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in Portugal

For the third consecutive year, the Portuguese market for float glass and surface ground or polished glass recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption continues to indicate a buoyant increase. Consumption of peaked in 2022 and is expected to retain growth in the immediate term.

Production of Float Glass And Surface Ground or Polished Glass in Portugal

In value terms, production of float glass and surface ground or polished glass declined rapidly to $X in 2022 estimated in export price. In general, production, however, showed strong growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth remained at a lower figure.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from Portugal

In 2022, exports of float glass and surface ground or polished glass from Portugal dropped to X square meters, which is down by X% against 2021 figures. Overall, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of float glass and surface ground or polished glass shrank to $X in 2022. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X square meters) was the main destination for exports of float glass and surface ground or polished glass from Portugal, accounting for a X% share of total exports. Moreover, exports of float glass and surface ground or polished glass to Spain exceeded the volume sent to the second major destination, Angola (X square meters), sixfold. France (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Spain totaled 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).

In value terms, Spain ($X) remains the key foreign market for float glass and surface ground or polished glass exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Angola ($X), with an X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain totaled 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 float glass and surface ground or polished glass stood at $X per square meter in 2022, growing by X% against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for float glass and surface ground or polished glass increased by X% against 2016 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

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

Imports of Float Glass And Surface Ground or Polished Glass

Imports into Portugal

For the third year in a row, Portugal recorded growth in purchases abroad of float glass and surface ground or polished glass, which increased by X% to X square meters in 2022. Over the period under review, total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports of attained the peak figure at X square meters in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of float glass and surface ground or polished glass soared to $X in 2022. Overall, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Spain (X square meters) constituted the largest float glass and surface ground or polished glass supplier to Portugal, accounting for a X% share of total imports. Moreover, imports of float glass and surface ground or polished glass from Spain exceeded the figures recorded by the second-largest supplier, Algeria (X square meters), more than tenfold. The third position in this ranking was held by Germany (X square meters), with a X% share.

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

In value terms, Spain ($X) constituted the largest supplier of float glass and surface ground or polished glass to Portugal, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by France, with a X% share.

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

Import Prices by Country

The average import price for float glass and surface ground or polished glass stood at $X per square meter in 2022, growing by X% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% 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 float glass and surface ground or polished glass increased by X% against 2015 indices. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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 Germany ($X per square meter), while the price for Algeria ($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 Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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