Portugal: Market for Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines 2024

Market Size for Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines in Portugal

In 2022, the Portuguese market for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines increased by X% to $X, rising for the second year in a row after four years of decline. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines in Portugal

In value terms, production of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines soared to $X in 2022 estimated in export price. Over the period under review, production enjoyed a significant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines

Exports from Portugal

In 2022, shipments abroad of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a deep setback. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines dropped to $X in 2022. Overall, exports showed a deep setback. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports of reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for exports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines from Portugal, with a X% share of total exports. Moreover, exports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines to France exceeded the volume sent to the second major destination, Spain (X units), fourfold. The Netherlands (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the Netherlands (X% per year).

In value terms, France ($X), the Netherlands ($X) and Germany ($X) appeared to be the largest markets for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines exported from Portugal worldwide, together comprising X% of total exports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines amounted to $X per unit, surging by X% against the previous year. Over the period under review, export price indicated a buoyant increase 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, export price for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per unit), while the average price for exports to France ($X 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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines

Imports into Portugal

In 2022, the amount of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines imported into Portugal shrank remarkably to X units, which is down by X% compared with 2021 figures. In general, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of X%. Imports peaked at X units in 2021, and then fell sharply in the following year.

In value terms, imports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines contracted to $X in 2022. Overall, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2021, and then contracted slightly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines supplier to Portugal, with a X% share of total imports. Moreover, imports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines from China exceeded the figures recorded by the second-largest supplier, Spain (X units), threefold. Germany (X units) 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 China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Germany (X% per year).

In value terms, the largest domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines suppliers to Portugal were France ($X), Germany ($X) and Spain ($X), with a combined X% share of total imports.

France, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price, however, saw a mild slump. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :