Portugal: Metal Advertising Sign Market 2024

Metal Advertising Sign Market Size in Portugal

In 2020, the Portuguese metal advertising sign market decreased by X% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption saw a noticeable downturn. Metal advertising sign consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Metal Advertising Sign Production in Portugal

In value terms, metal advertising sign production declined to $X in 2020 estimated in export price. Overall, production, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2020, production failed to regain momentum.

Metal Advertising Sign Exports

Exports from Portugal

In 2020, exports of metal advertising signs from Portugal skyrocketed to X tons, picking up by X% against the previous year's figure. In general, exports, however, showed a slight decline. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2020, the exports stood at a somewhat lower figure.

In value terms, metal advertising sign exports surged to $X in 2020. Over the period under review, exports, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2020, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for metal advertising sign exports from Portugal, accounting for a X% share of total exports. Moreover, metal advertising sign exports to Spain exceeded the volume sent to the second major destination, Ireland (X tons), sixfold. France (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (X.2% per year) and France (X% per year).

In value terms, the largest markets for metal advertising sign exported from Portugal were Spain ($X), Ireland ($X) and France ($X), with a combined X% share of total exports.

Ireland, with a CAGR of X.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average metal advertising sign export price stood at $X per ton in 2020, declining by X% against the previous year. Over the period under review, the export price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2020, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Equatorial Guinea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into Portugal

In 2020, after two years of growth, there was significant decline in supplies from abroad of metal advertising signs, when their volume decreased by X% to X tons. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2019, and then contracted dramatically in the following year.

In value terms, metal advertising sign imports dropped sharply to $X in 2020. Over the period under review, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2019, and then fell rapidly in the following year.

Imports by Country

Spain (X tons), Italy (X tons) and France (X tons) were the main suppliers of metal advertising sign imports to Portugal, together comprising X% of total imports.

From 2012 to 2020, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal advertising sign suppliers to Portugal were Spain ($X), Italy ($X) and China ($X), with a combined X% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of X%, recorded the highest growth rate of 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

In 2020, the average metal advertising sign import price amounted to $X per ton, declining by X% against the previous year. In general, the import price saw a pronounced decline. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2020, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was China ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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