Rubber and plastics extruders market in Portugal

Earlier Report Observations

The market for rubber and plastics extruders in Portugal experienced a sharp contraction from 2019 to 2023, with volume falling from 1 945 units to 271 units. This decline was primarily driven by a steep drop in imports, which decreased from 2 356 units in 2019 to 295 units in 2023, while domestic production remained stable between 28 and 36 units annually. The market downturn coincided with the entry of foreign joint ventures and cooperation proposals in 2018, which aimed to expand the local rubber and plastics sector through partnerships and technology transfer.

Industry modernization played a key role, as evidenced by Vipal Borrachas' investments in high-performance extruder machines for retreaders in Portugal, enhancing productive efficiency and process standardization. European sustainability policies and environmental regulations from 2020 onward encouraged the use of recycled and biodegradable materials, influencing market requirements and supporting projects like mcRICE for developing sustainable rubber composites. These factors collectively shaped the industry's focus on technological upgrades and compliance with evolving standards.

Continued emphasis on sustainability and the circular economy in 2022 further directed the market toward rubber recovery and reuse initiatives, backed by rigorous technical norms that affected product quality and consumer behavior. The adoption of integrated management systems and specialized training programs improved operational efficiency within the sector, maintaining a stable production base despite the overall market contraction.

Production rubber and plastics extruders in Portugal

In value, 2018-2021, K $ US

In Portugal, the output value of rubber and plastics extruders reached 1,571 thousand US dollars in 2021, marking a 13.0% increase from 2020. However, production declined by 12.5% over the 2019-2021 period, with a compound annual growth rate of 4.3%. The lowest value was recorded in 2020 at 1,391 thousand US dollars, which also saw the largest decline of 22.5%.

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

In kind, 2018-2021, unit

Portugal produced 30.00 units of rubber and plastics extruders in 2021, representing a 3.4% increase compared to the previous year. Over the 2019-2021 period, production grew by 3.4%, equating to an annualized rate of 1.1%. The largest decline occurred in 2020, at 0.0%.

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

Exports rubber and plastics extruders from Portugal

Exports in kind, unit

The market exhibited an unstable trend throughout the timeframe, with a peak in 2018 and a trough in 2020, showing a 16-fold difference between these years. In 2021, Portugal exported 78 units of rubber and plastics extruders, reflecting an abrupt rise of 39.3% from the previous year. The minimum value was recorded in 2020 at 56 units, which also saw the largest decline of 87.3%.

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

From 2018 to 2021, the country structure of exports in kind remained highly diversified. Spain accounted for 20.2% of exports in kind, the United Kingdom for 15.5%, and the United States for 13.4%, together making up only 49.1% of total flows. The remaining 50.9% consisted of a long tail of smaller markets.

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

The market showed signs of volatility over the observed period, with exports hitting their maximum in 2021 and falling to the lowest point in 2020—a fluctuation of 3.5 times. In 2021, rubber and plastics extruders shipments from Portugal abroad reached 3,331 thousand US dollars, constituting an intense increase of 254.3% from 2020. The minimum value was recorded in 2020 at 940 thousand US dollars, which also saw the largest decline of 66.9%.

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

From 2018 to 2021, Mexico absorbed 37.8% of exports in value terms, Brazil 11.5%, and Cuba 5.9%, together accounting for 55.2% of total exports in value terms of rubber and plastics extruders from Portugal, making them the main destinations.

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

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

Imports rubber and plastics extruders to Portugal

Imports in kind, unit

The market showed signs of volatility over the observed period, with the span from 2018 to 2019 seeing a peak-to-trough amplitude of {ampRatio} times. In 2021, rubber and plastics extruders deliveries to Portugal amounted to 543 units, reflecting a decline of 61.5% compared to the previous year.

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

From 2018 to 2021, Italy was the main destination in the geographical breakdown of imports in kind of rubber and plastics extruders to Portugal, accounting for 62.3% of imports in kind, followed by Germany at 13.0% and China at 9.5%, with a combined share of 84.8% of total 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

Rubber and plastics extruders imports to Portugal declined for the third consecutive year. In 2021, imports amounted to 5,919 thousand US dollars, corresponding to a decrease of 60.1% compared to the previous year. Over the 2018-2021 period, imports decreased by 77.5%, with a compound annual growth rate of 39.2%.

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

From 2018 to 2021, Italy consistently remained the main destination for imports in value terms, accounting for 33.1% of imports in value terms, followed by Germany at 19.2% and Austria at 18.4%, together making up 70.8% of total flows.

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

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