Report Update: May 1, 2024

Portugal - Iron Or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends And Insights

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Metal Gas Appliances Price in Portugal - 2023

Metal Gas Appliances Price in Portugal (CIF) - 2023

In August 2023, the average metal gas appliances import price amounted to $243 per unit, reducing by -48.5% against the previous month. Over the period under review, the import price, however, enjoyed a slight expansion. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 732% m-o-m. Over the period under review, average import prices reached the maximum at $472 per unit in July 2023, and then shrank notably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($431 per unit), while the price for the United States ($109 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Gas Appliances Price in Portugal (FOB) - 2022

In 2022, the average metal gas appliances export price amounted to $7.2 per unit, declining by -3.2% against the previous year. In general, the export price continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2016 an increase of 857%. Over the period under review, the average export prices reached the peak figure at $207 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Spain ($74 per unit) and Germany ($74 per unit), while the average price for exports to Estonia ($59 per unit) and the UK ($60 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Gas Appliances Imports in Portugal

Metal gas appliances imports into Portugal soared to 652K units in 2022, rising by 149% on the year before. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal gas appliances imports contracted dramatically to $6M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports reached the peak of $8.8M, and then shrank notably in the following year.

Import of Metal Gas Appliances in Portugal (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	2.4	4.1	5.7	3.8	16.6%
China	0.8	0.3	1.5	1.2	14.5%
Turkey	N/A	N/A	0.3	0.5	66.7%
Netherlands	0.3	0.6	0.3	0.2	-12.6%
Italy	0.9	0.9	0.8	0.2	-39.4%
Others	0.3	0.4	0.4	0.2	-12.6%
Total	4.7	6.3	8.8	6.0	8.5%

Top Suppliers of Metal Gas Appliances to Portugal in 2022:

Spain (33.5K units)
China (26.4K units)
Italy (2.2K units)
Netherlands (1.4K units)
Turkey (1.2K units)

Metal Gas Appliances Exports in Portugal

Metal gas appliances exports from Portugal amounted to 627K units in 2022, rising by 11% against 2021. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 518% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, metal gas appliances exports rose significantly to $4.5M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Export of Metal Gas Appliances in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	162	227	414	988	82.7%
Chile	657	786	897	920	11.9%
Spain	1,209	1,312	1,529	676	-17.6%
United Kingdom	314	204	321	628	26.0%
Morocco	472	33.0	636	626	9.9%
Germany	149	119	157	267	21.5%
Estonia	N/A	N/A	0.1	97.0	96900.0%
Others	453	386	269	338	-9.3%
Total	3,417	3,067	4,222	4,541	9.9%

Top Export Markets for Metal Gas Appliances from Portugal in 2022:

France (16.0K units)
Chile (14.8K units)
United Kingdom (10.5K units)
Morocco (9.3K units)
Spain (9.1K units)
Germany (3.6K units)
Estonia (1.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal gas appliances 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 27521234 - Iron or steel gas domestic appliances, including heaters, g rates, fires and braziers, for both gas and other fuels radiators (excluding cooking appliances and plate warmers )

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023