Plastic spools and bobbins market in Portugal

Earlier Report Observations

The Portuguese market for plastic spools and bobbins showed considerable movement between 2018 and 2024. After starting at 196.6 million US dollars in 2018, the market size dipped to 187.3 million the following year, then surged to 241.5 million in 2020. A correction brought it down to 212.3 million in 2021, setting the stage for renewed growth.

This growth phase was supported in 2022 by the reinforcement of export packaging requirements. New rules for shipments to third countries, mandating IPPC treatment and marking for wooden packaging, indirectly increased demand for compliant support materials like plastic spools and bobbins as exporters adapted. The market size rose to 228.7 million US dollars that year and continued climbing to a peak of 272.2 million in 2023, before easing to 262.5 million in 2024.

Production plastic spools and bobbins in Portugal

In value, 2018-2021, M $ US

In Portugal, the production value of plastic spools and bobbins reached 206.5 million US dollars in 2021, marking a 12.7% decrease compared to 2020. Over the period from 2018 to 2021, production grew by 8.7%, with an average annual growth rate of 2.8%. The lowest value was recorded in 2019 at 182.0 million US dollars, while the peak occurred in 2020 at 236.6 million US dollars. The most significant increase was observed in 2020, with a 30.0% rise.

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

In kind, 2018-2021, t

Plastic spools and bobbins production in Portugal has increased for the second consecutive year. In 2021, Portugal produced 40 867 tonnes, representing a 10.2% year-over-year gain. From 2018 to 2021, production rose by 13.1%, equating to an annualized growth rate of 4.2%. The lowest output was recorded in 2019 at 28 153 tonnes, which saw the largest decline of 22.1%. In contrast, the most substantial increase occurred in 2020, with a 31.7% surge.

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

Exports plastic spools and bobbins from Portugal

Exports in kind, t

Following a two-year contraction, Portugal's volume of plastic spools and bobbins exports has increased. In 2021, exports reached 2 910 tonnes, up by 20.9% year-over-year. Over the period from 2018 to 2021, exports grew by 16%, with an average annual growth rate of 5.1%. The lowest volume was recorded in 2020 at 2 407 tonnes, which also experienced the largest decline of 2.3%.

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

From 2018 to 2021, Spain, Romania, and Germany were the key destinations for Portugal's plastic spools and bobbins exports in kind. Spain accounted for 50.1% of exports, Romania for 17.8%, and Germany for 5.1%. Together, these three countries represented 73.1% 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 contraction, plastic spools and bobbins deliveries from Portugal have increased. In 2021, exports were recorded at 12 019 thousand US dollars, corresponding to a sharp rise of 46.0% from the previous year. The lowest value was recorded in 2020 at 8 234 thousand US dollars, which saw the largest decline of 18.3%.

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

From 2018 to 2021, Romania, Spain, and Germany were the principal buyers of plastic spools and bobbins from Portugal in value terms. Romania accounted for 29.3% of exports, Spain for 27.0%, and Germany for 8.1%. Collectively, these three markets made up 64.4% 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 spools and bobbins to Portugal

Imports in kind, t

Following a two-year fall, Portugal's plastic spools and bobbins imports have increased. In 2021, imports reached 3 317 tonnes, representing a strong uptick of 11.4% over the past year. Over the period from 2018 to 2021, imports decreased by 9.6%, with an average annual decline of 3.3%. The lowest volume was recorded in 2020 at 2 976 tonnes, which experienced the largest decline of 15.0%.

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

The structure of imports in kind from 2018 to 2021 indicates a diversified set of partners. Spain accounted for 26.0% of imports, Romania for 13.4%, and Morocco for 8.9%. Together, these three countries represented only 48.3% of total flows, while the remaining 51.7% was dispersed among numerous smaller markets.

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 decline, Portugal's volume of plastic spools and bobbins imports has increased. In 2021, Portugal imported a total of 17 782 thousand US dollars, corresponding to a steep increase of 34.9% compared to the previous year. Over the period from 2018 to 2021, imports decreased by 5.9%, with an average annual decline of 2.0%. The lowest value was recorded in 2020 at 13 179 thousand US dollars, while the largest decline occurred in 2019 at 18.8%.

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

From 2018 to 2021, Morocco, Spain, and Romania were the largest suppliers of plastic spools and bobbins to Portugal in value terms. Morocco accounted for 19.8% of imports, Spain for 17.3%, and Romania for 14.7%. Together, these three countries formed 51.9% 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