Report Update: May 1, 2024

Portugal - Base Metal Flexible Tubing, Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Price for Base Metal Flexible Tubing in Portugal - 2023

Price for Base Metal Flexible Tubing in Portugal (CIF) - 2023

In June 2023, the average base metal flexible tubing import price amounted to $6,832 per ton, falling by -4.9% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 when the average import price increased by 109% against the previous month. As a result, import price reached the peak level of $14,638 per ton. From August 2022 to June 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($31,451 per ton), while the price for Spain ($4,917 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Base Metal Flexible Tubing in Portugal (FOB) - 2022

The average base metal flexible tubing export price stood at $12,875 per ton in 2022, shrinking by -17.1% against the previous year. In general, the export price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 101% against the previous year. As a result, the export price attained the peak level of $15,538 per ton, and then shrank notably in the following year.

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 ($38,856 per ton), while the average price for exports to Mozambique ($3,905 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Base Metal Flexible Tubing in Portugal

In 2022, approx. 312 tons of base metal flexible tubing, iron or steel were imported into Portugal; which is down by -20.9% on 2021 figures. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year.

In value terms, base metal flexible tubing imports amounted to $2.6M in 2022. In general, imports showed a perceptible descent. The pace of growth appeared the most rapid in 2021 when imports increased by 22%.

Import of Base Metal Flexible Tubing in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	1,402	1,021	1,008	905	-13.6%
Netherlands	134	135	303	642	68.6%
Germany	277	171	205	389	12.0%
France	326	215	131	211	-13.5%
Turkey	83.3	121	122	147	20.8%
China	189	99.0	170	117	-14.8%
United States	104	35.3	65.7	69.5	-12.6%
Belgium	119	65.7	77.8	52.3	-24.0%
Others	124	32.3	228	69.2	-17.7%
Total	2,759	1,896	2,310	2,601	-1.9%

Top Suppliers of Base Metal Flexible Tubing to Portugal in 2022:

Spain (142.6 tons)
Netherlands (67.0 tons)
Germany (44.8 tons)
Turkey (21.9 tons)
China (13.3 tons)
France (7.6 tons)
Belgium (6.1 tons)
United States (5.3 tons)

Exports of Base Metal Flexible Tubing in Portugal

After two years of decline, shipments abroad of base metal flexible tubing, iron or steel increased by 4.5% to 100 tons in 2022. Over the period under review, exports, however, continue to indicate a pronounced slump.

In value terms, base metal flexible tubing exports reduced to $1.3M in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 89%. As a result, the exports attained the peak of $1.5M, and then shrank in the following year.

Export of Base Metal Flexible Tubing in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	22.1	173	963	740	222.3%
France	176	262	240	410	32.6%
Spain	216	168	103	51.5	-38.0%
Cabo Verde	8.2	9.1	13.3	30.0	54.1%
Angola	41.3	52.4	63.0	21.9	-19.1%
Mozambique	13.8	78.3	80.4	19.0	11.2%
Poland	15.3	38.0	3.1	N/A	-55.0%
Others	13.7	1.4	17.3	11.7	-5.1%
Total	507	783	1,482	1,284	36.3%

Top Export Markets for Base Metal Flexible Tubing from Portugal in 2022:

France (61.5 tons)
United States (19.0 tons)
Spain (6.9 tons)
Mozambique (4.9 tons)
Cabo Verde (4.7 tons)
Angola (2.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for base metal flexible tubing 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 25992985 - Base metal flexible tubing excluding rubber tubing incorporating/fitted with external metallic reinforcements, f lexible tubing (form of machinery/vehicle parts), iron or steel

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