Portugal - Iron Or Steel Wool - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Wool Price in Portugal - 2023
Contents:
- Metal Wool Price in Portugal (FOB) - 2023
- Metal Wool Price in Portugal (CIF) - 2022
- Metal Wool Exports in Portugal
- Metal Wool Imports in Portugal
Metal Wool Price in Portugal (FOB) - 2023
The average metal wool export price stood at $4,928 per ton in July 2023, growing by 17% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 92% m-o-m. As a result, the export price reached the peak level of $8,161 per ton. From January 2023 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($51,962 per ton), while the average price for exports to Denmark ($3,261 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Wool Price in Portugal (CIF) - 2022
The average metal wool import price stood at $5,114 per ton in 2022, stabilizing at the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 22%. Over the period under review, average import prices attained the maximum at $5,178 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($28,810 per ton), while the price for Egypt ($1,493 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Wool Exports in Portugal
In 2022, shipments abroad of iron or steel wool decreased by -25.4% to 315 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. As a result, the exports attained the peak of 539 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, metal wool exports fell dramatically to $1.5M in 2022. Overall, exports faced a deep contraction. The growth pace was the most rapid in 2020 with an increase of 28% against the previous year. As a result, the exports attained the peak of $3.2M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Metal Wool in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,027 | 1,270 | 789 | 374 | -28.6% |
| France | 558 | 762 | 499 | 280 | -20.5% |
| Mozambique | 62.1 | 136 | 123 | 136 | 29.9% |
| Cabo Verde | 92.4 | 113 | 105 | 131 | 12.3% |
| Angola | 165 | 124 | 56.3 | 129 | -7.9% |
| Sao Tome and Principe | 96.3 | 106 | 118 | 93.1 | -1.1% |
| Switzerland | 97.4 | 113 | 119 | 81.9 | -5.6% |
| Hungary | 61.1 | 73.8 | 74.1 | 46.8 | -8.5% |
| Spain | 189 | 335 | 73.3 | 24.9 | -49.1% |
| Finland | 19.7 | 23.1 | 20.6 | 16.5 | -5.7% |
| Others | 152 | 179 | 246 | 176 | 5.0% |
| Total | 2,519 | 3,235 | 2,224 | 1,490 | -16.1% |
Top Export Markets for Metal Wool from Portugal in 2022:
- France (80.5 tons)
- Germany (55.6 tons)
- Sao Tome and Principe (34.7 tons)
- Mozambique (23.4 tons)
- Angola (19.7 tons)
- Switzerland (18.1 tons)
- Cabo Verde (17.2 tons)
- Hungary (16.7 tons)
- Finland (6.0 tons)
- Spain (4.9 tons)
Metal Wool Imports in Portugal
In 2022, the amount of iron or steel wool imported into Portugal soared to 405 tons, picking up by 31% on 2021 figures. Over the period under review, imports, however, showed a relatively flat trend pattern.
In value terms, metal wool imports surged to $2.1M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 50%. As a result, imports attained the peak of $2.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Metal Wool in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 756 | 686 | 872 | 1,070 | 12.3% |
| China | 258 | 376 | 257 | 317 | 7.1% |
| Hungary | N/A | 36.3 | 57.9 | 199 | 134.1% |
| France | 114 | 92.9 | 61.4 | 140 | 7.1% |
| Italy | 46.0 | 51.4 | 87.7 | 121 | 38.0% |
| Egypt | 63.4 | 66.2 | 32.7 | 50.8 | -7.1% |
| Netherlands | 201 | 481 | 66.8 | 13.1 | -59.8% |
| Bulgaria | N/A | 372 | N/A | N/A | 0% |
| Others | 50.5 | 67.9 | 172 | 162 | 47.5% |
| Total | 1,488 | 2,230 | 1,607 | 2,073 | 11.7% |
Top Suppliers of Metal Wool to Portugal in 2022:
- Spain (209.7 tons)
- China (85.3 tons)
- Hungary (35.4 tons)
- Egypt (34.0 tons)
- Italy (23.3 tons)
- France (7.1 tons)
- Netherlands (4.5 tons)
This report provides an in-depth analysis of the metal wool 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 25991280 - Iron or steel wool, pot scourers and scouring or polishing pads, and gloves and the like
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
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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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