Not reinforced or laminated non-cellular PS sheets market in Portugal

Earlier Report Observations

Between 2018 and 2020, the market volume for non-cellular PS sheets in Portugal saw a modest increase from 9 094 t to 9 799 t. Production initially declined to 48 595 t in 2019 before recovering to 53 694 t in 2020.

By 2023, the market volume had risen significantly to 12 856 t, with production reaching 59 073 t. This expansion was supported by a growing construction sector in Portugal, which increased demand for polystyrene materials like expanded PS used for thermal insulation. Concurrently, the market adapted to European sustainability regulations, with major producers introducing bio-attributed and recycled polystyrene solutions to meet circular economy goals.

In 2024, the market volume further grew to 13 187 t and production to 64 587 t, as the focus on sustainable and recyclable materials continued to shape production and consumption patterns in line with regulatory and market trends.

Production not reinforced or laminated non-cellular PS sheets in Portugal

In value, 2018-2021, M $ US

Portugal's production of not reinforced or laminated non-cellular PS sheets declined for the second consecutive year. In 2020, output was valued at 90.1 million US dollars, down 0.9% from the previous year. Over the period from 2018 to 2020, production decreased by 16.6%, with a compound annual growth rate of 5.9%.

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

In kind, 2018-2021, t

In 2020, Portugal produced 53 694 tonnes of not reinforced or laminated non-cellular PS sheets, showing a strong improvement of 10.5% from 2019. The lowest production volume was recorded in 2019 at 48 595 tonnes, which also saw the largest decline of 7.8%.

Annual dynamics of production in Portugal in kind, 2018-2021, t

Exports not reinforced or laminated non-cellular PS sheets from Portugal

Exports in kind, t

Portugal's export volume of not reinforced or laminated non-cellular PS sheets increased for the second consecutive year. In 2021, exports reached 52 134 tonnes, marking a moderate increase of 8.7% year-over-year. Between 2018 and 2021, exports grew by 6.3%, equating to an annualized rate of 2.0%. The lowest export volume was in 2019 at 43 748 tonnes, which also experienced the largest decline of 10.8%. The largest increase occurred in 2020, with a rise of 9.7%.

Annual dynamics of product's exports from Portugal in kind, 2018-2021, t

From 2018 to 2021, France, Spain, and the United States were the key destinations for Portugal's exports in kind of not reinforced or laminated non-cellular PS sheets. France accounted for 53.3% of exports, Spain for 25.9%, and the United States for 4.7%, together representing 83.8% 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, M $ US

Portugal's export value of not reinforced or laminated non-cellular PS sheets increased for the second consecutive year. In 2021, exports amounted to 131.8 million US dollars, showing an abrupt improvement of 66.2% compared to the previous year. Over the period from 2018 to 2021, exports increased by 27%, with a compound annual growth rate of 8.3%. The lowest value was recorded in 2019 at 78.8 million US dollars, which also saw the largest decline of 24.0%.

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

From 2018 to 2021, three main markets—France, Spain, and Canada—together absorbed 80.2% of Portugal's total export value for not reinforced or laminated non-cellular PS sheets.

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

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

Imports not reinforced or laminated non-cellular PS sheets to Portugal

Imports in kind, t

After a two-year decline, Portugal's import volume of not reinforced or laminated non-cellular PS sheets increased. In 2021, Portugal imported 4 414 tonnes, reflecting a rise of 8.1% compared to 2020. Over the period from 2018 to 2021, imports decreased by 19.2%, with a compound annual growth rate of 6.9%. The lowest import volume was in 2020 at 4 083 tonnes, while the largest decline occurred in 2019, with a drop of 21.4%.

Annual dynamics of product's imports to Portugal in kind, 2018-2021, t

From 2018 to 2021, Spain, Germany, and Italy were the leading suppliers of not reinforced or laminated non-cellular PS sheets to Portugal in kind. Spain accounted for 55.1% of imports, Germany for 16.6%, and Italy for 12.5%, with their combined share reaching 84.2% of total imports.

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, M $ US

After a two-year drop, Portugal's import value of not reinforced or laminated non-cellular PS sheets increased. In 2021, Portugal imported a total of value_last_year million US dollars, representing a dramatic increase of 34.2% compared to 2020. Between 2018 and 2021, imports decreased by 14.7%, equating to an annualized rate of 5.2%. The lowest value was recorded in 2020 at 12.1 million US dollars, while the largest decline occurred in 2019, with a drop of 26.7%.

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

From 2018 to 2021, Spain, Germany, and Italy together accounted for 84.4% of Portugal's total import value for not reinforced or laminated non-cellular PS sheets. Spain represented 54.8% of imports in value terms, Germany 19.2%, and Italy 10.4%, remaining the main sources for these imports.

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

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