Asphalt or similar material articles in rolls market in Portugal

Earlier Report Observations

Between 2018 and 2021, the Portuguese market for asphalt articles in rolls saw substantial growth, with volume rising from 8.0 million m² to 11.8 million m² and value increasing from $18.2 million to $27.7 million. This expansion was fueled by persistent demand for modern, sustainable infrastructure and the adoption of innovative cold-applied repair products, supported by quality certifications that ensured compliance and market acceptance.

Market volume experienced a contraction in 2022, falling to 10.0 million m², while value remained nearly flat at $27.6 million. During this period, the industry continued to emphasize ready-to-use cold asphalt solutions for quick maintenance, a trend that helped maintain activity in repair segments despite the overall volume decrease.

A strong rebound followed in 2023 and 2024, with volume reaching 14.4 million m² and value climbing to $39.2 million by 2024, reflecting renewed momentum in construction and infrastructure projects across Portugal.

Production asphalt articles in rolls in Portugal

In value, 2018-2021, K $ US

Portugal's production of asphalt or similar material articles in rolls increased for the second consecutive year. In 2021, output was valued at 31 955 thousand US dollars, marking a 14.6% increase compared to 2020. The minimum value was recorded in 2019 at 26 474 thousand US dollars, with the largest decline that year of 2.9%. Between 2018 and 2021, production grew by 17.2%, equating to an annualized rate of 5.4%.

Annual dynamics of production in Portugal in value, 2018-2021, K $ US

In kind, 2018-2021, K m²

In 2021, Portugal produced 13 186 thousand square meters of asphalt or similar material articles in rolls, showing a slight decline of 1.0% from the previous year. The minimum value was recorded in 2019 at 12 062 thousand square meters, with the largest decline that year of 2.4%. The maximum value was in 2020 at 13 314 thousand square meters, which saw the largest increase of 10.4%. Between 2018 and 2021, production increased by 6.6%, equating to an annualized rate of 2.2%.

Annual dynamics of production in Portugal in kind, 2018-2021, K m²

Exports asphalt articles in rolls from Portugal

Exports in kind, K m²

Portugal's export volume of asphalt or similar material articles in rolls declined for the third consecutive year. In 2021, exports stood at 3 129 thousand square meters, representing a dramatic decrease of 32.0% year-over-year. Over the period from 2018 to 2021, exports decreased by 41.5%, with a compound annual growth rate of -16.4%.

Annual dynamics of product's exports from Portugal in kind, 2018-2021, K m²

From 2018 to 2021, Canada, Morocco, and the United Kingdom were the main markets for Portugal's exports of asphalt or similar material articles in rolls. Canada accounted for 36.0% of exports, Morocco for 19.0%, and the United Kingdom for 17.7%, together representing 72.8% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Portugal in kind, 2018-2021

Exports in value, K $ US

Portugal's exports of asphalt or similar material articles in rolls declined for the third consecutive year. In 2021, exports were valued at 8 458 thousand US dollars, down by 8.1% from the previous year. Over the period from 2018 to 2021, exports decreased by 26.9%, with a compound annual growth rate of -9.9%.

Annual dynamics of product's exports from Portugal in value, 2018-2021, K $ US

From 2018 to 2021, Canada, Morocco, and the United Kingdom were the key destinations for Portugal's exports in value terms. Canada accounted for 37.0% of exports, Morocco for 18.8%, and the United Kingdom for 18.0%, together making up 73.8% of total export flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Portugal in value, 2018-2021

Imports asphalt articles in rolls to Portugal

Imports in kind, K m²

After a two-year improvement, Portugal's imports of asphalt or similar material articles in rolls declined. In 2021, imports stood at 1 788 thousand square meters, corresponding to an 8.0% decrease compared to the previous year. The maximum value was recorded in 2020 at 1 943 thousand square meters, with the largest increase in 2019 of 65.2%. Between 2018 and 2021, imports increased by 88.4%, equating to an annualized rate of 23.5%.

Annual dynamics of product's imports to Portugal in kind, 2018-2021, K m²

From 2018 to 2021, Spain remained the dominant partner for Portugal's imports of asphalt or similar material articles in rolls, accounting for 87.8% of total import flows, while other markets formed a long tail.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Portugal in kind, 2018-2021

Imports in value, K $ US

After a two-year rise, Portugal's imports of asphalt or similar material articles in rolls declined. In 2021, imports totaled 4 179 thousand US dollars, indicating a decline of 1.7% from the previous year. The maximum value was recorded in 2020 at 4 252 thousand US dollars, with the largest increase in 2019 of 39.8%. Over the period from 2018 to 2021, imports increased by 64.2%, with a compound annual growth rate of 18.0%.

Annual dynamics of product's imports to Portugal in value, 2018-2021, K $ US

From 2018 to 2021, Spain remained the dominant direction for Portugal's imports in value terms, accounting for 84.1% of total import flows, with the remainder fragmented across other markets.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Portugal in value, 2018-2021