Portugal: Invalid Carriage Market 2024

Invalid Carriage Market Size in Portugal

The Portuguese invalid carriage market stood at $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, saw a drastic downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Invalid Carriage Production in Portugal

In value terms, invalid carriage production contracted to $X in 2022 estimated in export price. In general, production, however, saw a abrupt contraction. The growth pace was the most rapid in 2021 when the production volume increased by X%. Invalid carriage production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Invalid Carriage Exports

Exports from Portugal

After three years of decline, overseas shipments of invalid carriages not mechanically propelled increased by X% to X units in 2022. Overall, exports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, invalid carriage exports fell to $X in 2022. Over the period under review, exports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X units) was the main destination for invalid carriage exports from Portugal, accounting for a X% share of total exports. Moreover, invalid carriage exports to Spain exceeded the volume sent to the second major destination, Angola (X units), threefold. The third position in this ranking was taken by Kuwait (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (X% per year) and Kuwait (X% per year).

In value terms, Spain ($X) remains the key foreign market for invalid carriages not mechanically propelled exports from Portugal, comprising X% of total exports. The second position in the ranking was held by Angola ($X), with a X% share of total exports. It was followed by Kuwait, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (X% per year) and Kuwait (X% per year).

Export Prices by Country

In 2022, the average invalid carriage export price amounted to $X per unit, dropping by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per unit), while the average price for exports to Saudi Arabia ($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 Spain (X%), while the prices for the other major destinations experienced a decline.

Invalid Carriage Imports

Imports into Portugal

In 2022, overseas purchases of invalid carriages not mechanically propelled increased by X% to X units, rising for the second consecutive year after two years of decline. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, invalid carriage imports rose significantly to $X in 2022. Over the period under review, total imports indicated mild growth from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands (X units), Spain (X units) and India (X units) were the main suppliers of invalid carriage imports to Portugal, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest invalid carriage suppliers to Portugal were Spain ($X), Germany ($X) and India ($X), with a combined X% share of total imports.

India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average invalid carriage import price stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price, however, showed a modest increase. The growth pace was the most rapid in 2020 an increase of X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for the Netherlands ($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 more modest paces of growth.

Source: IndexBox Platform

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