Report Update: May 1, 2024

Portugal - Instruments Using Optical Radiations - Market Analysis, Forecast, Size, Trends And Insights

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Optical Radiation Instruments Price in Portugal - 2023

Optical Radiation Instruments Price in Portugal (CIF) - 2023

In June 2023, the average optical radiation instruments import price amounted to $429 per unit, with an increase of 61% against the previous month. In general, import price indicated a moderate expansion from June 2022 to June 2023: its price increased at an average monthly rate of +4.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, optical radiation instruments import price increased by +101.6% against March 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($2,752 per unit), while the price for France ($165 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Optical Radiation Instruments Price in Portugal (FOB) - 2022

The average optical radiation instruments export price stood at $242 per unit in 2022, declining by -38.5% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 81%. Over the period under review, the average export prices reached the peak figure at $876 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($566 per unit), while the average price for exports to Greece ($8.9 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 Cabo Verde (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Radiation Instruments Imports in Portugal

In 2022, the amount of instruments using optical radiations imported into Portugal soared to 139K units, jumping by 29% compared with 2021. 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 throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, optical radiation instruments imports surged to $29M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.6% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 49%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of Optical Radiation Instruments in Portugal (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	9.8	13.6	12.4	15.7	17.0%
Spain	2.4	2.1	3.3	3.9	17.6%
Belgium	0.6	1.3	1.7	2.8	67.1%
United States	1.7	2.7	1.1	1.8	1.9%
France	1.2	3.1	1.1	1.5	7.7%
Netherlands	1.1	1.2	0.9	1.0	-3.1%
United Kingdom	1.2	2.1	0.7	0.6	-20.6%
Others	1.0	2.0	2.1	1.6	17.0%
Total	18.9	28.1	23.4	28.9	15.2%

Top Suppliers of Optical Radiation Instruments to Portugal in 2022:

Germany (78.0K units)
Spain (20.4K units)
Belgium (15.4K units)
United States (9.5K units)
France (6.8K units)
Netherlands (4.8K units)
United Kingdom (1.1K units)

Optical Radiation Instruments Exports in Portugal

Optical radiation instruments exports from Portugal soared to 7.7K units in 2022, growing by 47% against the year before. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, optical radiation instruments exports declined to $1.9M in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 59%. As a result, the exports attained the peak of $2.1M, and then contracted in the following year.

Export of Optical Radiation Instruments in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Angola	141	156	127	739	73.7%
Mozambique	16.3	117	122	195	128.7%
Cabo Verde	34.6	110	96.3	193	77.3%
Bulgaria	N/A	N/A	N/A	127	0%
Romania	N/A	N/A	N/A	97.5	0%
Spain	429	430	299	91.7	-40.2%
France	141	0.2	215	15.6	-52.0%
United States	40.4	377	19.4	8.3	-41.0%
Greece	N/A	N/A	N/A	4.0	0%
Guinea-Bissau	N/A	N/A	144	1.4	-99.0%
Others	63.2	101	1,035	384	82.5%
Total	865	1,293	2,057	1,856	29.0%

Top Export Markets for Optical Radiation Instruments from Portugal in 2022:

Angola (3044.0 units)
Bulgaria (1097.0 units)
Cabo Verde (957.0 units)
Romania (816.0 units)
Mozambique (497.0 units)
Greece (446.0 units)
Spain (296.0 units)
France (57.0 units)
United States (15.0 units)
Guinea-Bissau (7.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the optical radiation instruments 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 26515350 - Instruments and apparatus using optical radiations, n.e.c.

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