Portugal: Metal Letter Clip Market 2024

Metal Letter Clip Market Size in Portugal

The Portuguese metal letter clip market was estimated at $X in 2022, remaining stable against the previous year. In general, consumption showed a mild descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Metal Letter Clip Production in Portugal

In value terms, metal letter clip production reached $X in 2022 estimated in export price. Over the period under review, production saw a slight curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

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Metal Letter Clip Exports

Exports from Portugal

In 2022, shipments abroad of letter clips, letter corners of base metal increased by X% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, exports recorded a resilient expansion. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal letter clip exports rose notably to $X in 2022. Overall, exports posted a remarkable increase. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for metal letter clip exports from Portugal, with a X% share of total exports. Moreover, metal letter clip exports to Spain exceeded the volume sent to the second major destination, Germany (X tons), threefold. The UK (X tons) 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 Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the UK (X% per year).

In value terms, Spain ($X), Germany ($X) and the UK ($X) constituted the largest markets for metal letter clip exported from Portugal worldwide, together comprising X% of total exports. Belgium, Angola, Italy, Cabo Verde and Australia lagged somewhat behind, together comprising a further X%.

Italy, with a CAGR of X%, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average metal letter clip export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cabo Verde ($X per ton), while the average price for exports to Spain ($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 Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Letter Clip Imports

Imports into Portugal

In 2022, the amount of letter clips, letter corners of base metal imported into Portugal amounted to X tons, surging by X% on the previous year. In general, imports saw measured growth. The growth pace was 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, metal letter clip imports totaled $X in 2022. Overall, imports enjoyed strong growth. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest metal letter clip supplier to Portugal, accounting for a X% share of total imports. Moreover, metal letter clip imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was held by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate 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 the Netherlands (X% per year).

In value terms, China ($X), Spain ($X) and the Netherlands ($X) were the largest metal letter clip suppliers to Portugal, with a combined X% share of total imports. Germany and France lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The average metal letter clip import price stood at $X per ton in 2022, approximately equating the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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