Portugal: Moulds For Metal Market 2024

Moulds For Metal Market Size in Portugal

In 2022, the Portuguese moulds for metal market increased by 11% to $X, rising for the third year in a row after two years of decline. In general, consumption posted a prominent expansion. Moulds for metal consumption peaked in 2022 and is likely to continue growth in the near future.

Moulds For Metal Production in Portugal

In value terms, moulds for metal production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded buoyant growth. The growth pace was the most rapid in 2013 with an increase of 59%. Moulds for metal production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Moulds For Metal Exports

Exports from Portugal

In 2022, exports of moulds for metals from Portugal contracted dramatically to X tons, declining by -18.4% against the previous year. Over the period under review, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of 22% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, moulds for metal exports shrank rapidly to $X in 2022. In general, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2018 when exports increased by 7.8%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons), Germany (X tons) and Poland (X tons) were the main destinations of moulds for metal exports from Portugal, with a combined 61% share of total exports. France, the Czech Republic, Austria, Algeria and Switzerland lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Algeria (with a CAGR of +44.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for moulds for metal exported from Portugal were Spain ($X), Germany ($X) and Poland ($X), together accounting for 59% of total exports. France, the Czech Republic, Austria, Algeria and Switzerland lagged somewhat behind, together accounting for a further 27%.

Algeria, with a CAGR of +61.8%, saw the highest rates of growth with regard to 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

The average moulds for metal export price stood at $X per ton in 2022, with a decrease of -2.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2013 when the average export price increased by 26%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the Czech Republic ($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 Switzerland (+27.7%), while the prices for the other major destinations experienced more modest paces of growth.

Moulds For Metal Imports

Imports into Portugal

In 2022, the amount of moulds for metals imported into Portugal dropped slightly to X tons, shrinking by -2.1% compared with the year before. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 127% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, moulds for metal imports dropped rapidly to $X in 2022. In general, imports continue to indicate a perceptible slump. The growth pace was the most rapid in 2016 with an increase of 180% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of moulds for metal to Portugal, with a 54% share of total imports. Moreover, moulds for metal imports from Spain exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.1% per year) and Germany (-4.5% per year).

In value terms, Spain ($X) constituted the largest supplier of moulds for metals to Portugal, comprising 43% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports. It was followed by China, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.3% per year) and China (+4.9% per year).

Import Prices by Country

The average moulds for metal import price stood at $X per ton in 2022, with a decrease of -16.8% against the previous year. In general, the import price showed a pronounced descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 57% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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 Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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