Portugal - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMagnetic Card Price in Portugal - 2023
Contents:
- Magnetic Card Price in Portugal (FOB) - 2022
- Magnetic Card Price in Portugal (CIF) - 2022
- Magnetic Card Exports in Portugal
- Magnetic Card Imports in Portugal
Magnetic Card Price in Portugal (FOB) - 2022
In 2022, the average magnetic card export price amounted to $1.6 per unit, shrinking by -35.9% against the previous year. In general, the export price, however, posted a moderate expansion. The most prominent rate of growth was recorded in 2019 an increase of 116%. Over the period under review, the average export prices hit record highs at $3.9 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cabo Verde ($4.2 per unit), while the average price for exports to Angola ($0.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Magnetic Card Price in Portugal (CIF) - 2022
In 2022, the average magnetic card import price amounted to $0.4 per unit, jumping by 29% against the previous year. Over the period under review, the import price, however, saw a deep contraction. Over the period under review, average import prices hit record highs at $0.7 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($0.8 per unit), while the price for France ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Magnetic Card Exports in Portugal
Magnetic card exports from Portugal contracted markedly to 688K units in 2022, waning by -87.8% on the previous year's figure. Over the period under review, exports faced a sharp shrinkage. The growth pace was the most rapid in 2021 when exports increased by 318%. As a result, the exports reached the peak of 5.7M units, and then dropped sharply in the following year.
In value terms, magnetic card exports contracted rapidly to $1.1M in 2022. In general, exports faced a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 166%. As a result, the exports reached the peak of $14M, and then shrank rapidly in the following year.
| Export of Magnetic Card in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 5.7 | 4.9 | 13.0 | 0.4 | -58.8% |
| Mozambique | 0.6 | 0.2 | 0.7 | 0.4 | -12.6% |
| Cabo Verde | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Sao Tome and Principe | N/A | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Total | 6.6 | 5.3 | 14.0 | 1.1 | -45.0% |
Top Export Markets for Magnetic Card from Portugal in 2022:
- Angola (468.3K units)
- Mozambique (136.9K units)
- Cabo Verde (60.6K units)
- Sao Tome and Principe (11.7K units)
Magnetic Card Imports in Portugal
In 2022, the amount of cards incorporating a magnetic stripe imported into Portugal surged to 1.4M units, rising by 22% against the previous year. The total import volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, magnetic card imports surged to $555K in 2022. Over the period under review, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Magnetic Card in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 11.5 | N/A | 9.5 | 167 | 144.0% |
| Poland | 20.8 | 29.2 | N/A | 96.7 | 66.9% |
| United States | 84.7 | 59.4 | 6.2 | 92.2 | 2.9% |
| Germany | 3.1 | 10.9 | 6.0 | 44.5 | 143.0% |
| China | 44.4 | 20.4 | 93.2 | 44.4 | 0.0% |
| Spain | 92.4 | 76.9 | 167 | 39.2 | -24.9% |
| Italy | 20.3 | 31.1 | 29.2 | 31.6 | 15.9% |
| France | 19.1 | 4.8 | 26.1 | 18.5 | -1.1% |
| Netherlands | 45.1 | 1.0 | 6.5 | 0.3 | -81.2% |
| Others | 4.9 | 1.1 | 7.5 | 20.3 | 60.6% |
| Total | 346 | 235 | 351 | 555 | 17.1% |
Top Suppliers of Magnetic Card to Portugal in 2022:
- United States (392.3K units)
- United Kingdom (269.2K units)
- France (206.1K units)
- Spain (180.7K units)
- Poland (115.6K units)
- Italy (83.7K units)
- Germany (71.2K units)
- China (30.7K units)
- Netherlands (0.3K units)
This report provides an in-depth analysis of the magnetic card market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26801400 - Cards incorporating a magnetic stripe
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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