Plastic closures market in Portugal

Earlier Report Observations

From 2018, the Portuguese plastic closures market experienced sustained growth, supported by innovation, sustainability trends, and the presence of specialized local manufacturers. By 2019, production reached 8.1 million $ US and market size stood at 21.8 million $ US, with ongoing demand from the food, beverage, and personal care industries focusing on functionality and design.

Growth accelerated between 2020 and 2021, driven by the adoption of recyclable closures and significant investments in advanced manufacturing technologies. In 2021, production jumped 34% to 11.6 million $ US, coinciding with heightened activity in the packaging sector where manufacturers deployed innovations such as hot-fill thermoformed packaging for enhanced product safety.

Starting in 2022, European regulatory initiatives, including the upcoming requirement for attached caps to facilitate recycling, prompted further market adaptation. This contributed to a sharp rise in production to 23.3 million $ US by 2024, while the overall market size expanded to 53.8 million $ US, reflecting the industry's response to environmental mandates and circular economy trends.

Production plastic closures in Portugal

In value, 2018-2021, K $ US

Portugal's plastic closures production has increased for the second consecutive year. In 2021, output was valued at 11 603 thousand US dollars, marking a significant 33.6% rise compared to 2020. Over the period from 2019 to 2021, production grew by 43.1%, with a compound annual growth rate of 12.7%.

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

In kind, 2018-2021, t

Portugal's plastic closures production has increased for the second consecutive year. In 2021, the country produced 26 557 tonnes of plastic closures, showing a dramatic surge of 109.4% compared to 2020. From 2019 to 2021, production expanded by 734.1%, with a compound annual growth rate of 102.8%.

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

Exports plastic closures from Portugal

Exports in kind, t

Plastic closures exports from Portugal have increased for the second consecutive year. In 2021, exports reached 7 852 tonnes, reflecting a moderate gain of 6.2% compared to 2020. The lowest level was recorded in 2019 at 6 575 tonnes, with the largest decline of 14.9% occurring that year. The largest increase was in 2020, at 12.4%.

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

From 2018 to 2021, Spain, Angola, and France were consistently the main destinations for Portugal's plastic closures exports in volume terms. Spain accounted for 68.1% of exports, Angola for 8.6%, and France for 7.7%, together representing 84.4% 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

After a two-year decline, plastic closures exports from Portugal have rebounded. In 2021, exports were valued at 41 881 thousand US dollars, corresponding to a 14.5% increase compared to 2020. Between 2018 and 2021, exports grew by 7%, equating to an annualized rate of 2.3%. The lowest value was recorded in 2020 at 36 577 thousand US dollars, with the largest decline of 5.4% occurring in 2019.

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

From 2018 to 2021, Spain, France, and Angola were the primary destinations for Portugal's plastic closures exports in value terms. Spain accounted for 55.0% of exports, France for 9.7%, and Angola for 8.2%, together absorbing 72.9% of total export value.

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

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

Imports plastic closures to Portugal

Imports in kind, t

Portugal imported approximately 11 357 tonnes of plastic closures in 2021, equivalent to a sharp drop of 13.9% compared to 2020. The lowest level was recorded in 2019 at 10 822 tonnes, while the peak was in 2020 at 13 185 tonnes. The largest increase of 21.8% occurred in 2020.

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

From 2018 to 2021, Spain, Italy, and Germany were consistently the main sources for Portugal's plastic closures imports in volume terms. Spain accounted for 59.8% of imports, Italy for 8.4%, and Germany for 7.6%, together representing 75.8% of total import flows.

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

Portugal's plastic closures imports have increased for the second consecutive year. In 2021, imports stood at 60 708 thousand US dollars, reflecting a modest rise of 8.3% compared to 2020. Between 2018 and 2021, imports grew by 7.4%, equating to an annualized rate of 2.4%. The lowest value was recorded in 2019 at 50 708 thousand US dollars, with the largest decline of 10.3% occurring that year. The largest increase was in 2020, at 10.6%.

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

From 2018 to 2021, Spain, Germany, and the Netherlands were the primary sources for Portugal's plastic closures imports in value terms. Spain accounted for 47.0% of imports, Germany for 11.6%, and the Netherlands for 9.4%, together absorbing 68.0% of total import value.

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

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