Portugal: Barbed Wire Market 2024

Barbed Wire Market Size in Portugal

The Portuguese barbed wire market fell modestly to $X in 2022, waning by X% against the previous year. Overall, consumption showed a sharp slump. Barbed wire consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Barbed Wire Production in Portugal

In value terms, barbed wire production fell dramatically to $X in 2022 estimated in export price. Over the period under review, production showed a precipitous curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X%. Barbed wire production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Barbed Wire Exports

Exports from Portugal

In 2022, after two years of growth, there was significant decline in overseas shipments of barbed wire and entanglements, when their volume decreased by X% to X tons. Overall, exports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, barbed wire exports fell to $X in 2022. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Angola (X tons), Spain (X tons) and Cabo Verde (X tons) were the main destinations of barbed wire exports from Portugal, with a combined X% share of total exports. Germany, Ireland, France, Belgium, Cuba and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X.9%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for barbed wire exported from Portugal were Angola ($X), Spain ($X) and Cabo Verde ($X), together comprising X% of total exports. Germany, Ireland, France, Belgium, Cuba and the United States lagged somewhat behind, together comprising a further X%.

Germany, with a CAGR of X.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average barbed wire export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price saw strong growth. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Cabo Verde ($X 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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Barbed Wire Imports

Imports into Portugal

In 2022, the amount of barbed wire and entanglements imported into Portugal dropped dramatically to X tons, which is down by X% compared with the year before. Overall, imports, however, showed resilient growth. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, barbed wire imports amounted to $X in 2022. Over the period under review, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of barbed wire to Portugal, with a X% share of total imports. Moreover, barbed wire imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

In value terms, Spain ($X) constituted the largest supplier of barbed wire and entanglements to Portugal, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

Import Prices by Country

The average barbed wire import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, barbed wire import price increased by X% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per ton) and Italy ($X per ton), while the price for the Netherlands ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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