Portugal: Transmission Apparatus Market 2024

Transmission Apparatus Market Size in Portugal

In 2022, the Portuguese transmission apparatus market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, the total consumption indicated a strong expansion 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, consumption increased by X% against 2018 indices. Over the period under review, the market attained the maximum level at $X in 2021, and then fell slightly in the following year.

Transmission Apparatus Production in Portugal

In value terms, transmission apparatus production declined rapidly to $X in 2022 estimated in export price. Overall, production saw a abrupt setback. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Transmission apparatus production peaked at $X in 2021, and then fell dramatically in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Transmission Apparatus Exports

Exports from Portugal

In 2022, shipments abroad of transmission apparatus incorporating reception apparatus was finally on the rise to reach X units for the first time since 2013, thus ending a eight-year declining trend. In general, exports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, transmission apparatus exports soared to $X in 2022. Overall, total exports indicated a slight expansion 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, exports increased by X% against 2020 indices. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X units) was the main destination for transmission apparatus exports from Portugal, accounting for a X% share of total exports. Moreover, transmission apparatus 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 Belgium (X units), with an X% share.

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

In value terms, Spain ($X), Belgium ($X) and the United States ($X) were the largest markets for transmission apparatus exported from Portugal worldwide, with a combined X% share of total exports. Sweden, Italy, France, Germany, Angola, the Netherlands, the UK, Poland, Cabo Verde and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

In 2022, the average transmission apparatus export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price showed a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Cabo Verde ($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.

Transmission Apparatus Imports

Imports into Portugal

In 2022, approx. X units of transmission apparatus incorporating reception apparatus were imported into Portugal; waning by X% compared with the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, transmission apparatus imports expanded modestly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Imports by Country

Vietnam (X units), Spain (X units) and France (X units) were the main suppliers of transmission apparatus imports to Portugal, with a combined X% share of total imports. Hong Kong SAR, China, Germany, Italy, the Netherlands, South Korea and Ireland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest transmission apparatus suppliers to Portugal were Spain ($X), Vietnam ($X) and Italy ($X), together accounting for X% of total imports. Hong Kong SAR, Germany, China, the Netherlands, South Korea, France and Ireland lagged somewhat behind, together comprising a further X%.

Hong Kong SAR, with a CAGR of X%, recorded 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 transmission apparatus import price stood at $X per unit in 2022, rising by X% against the previous year. Overall, import price indicated tangible growth 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, transmission apparatus import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :