Portugal: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Portugal

For the third year in a row, the Portuguese telephone apparatus market recorded growth in sales value, which increased by 49% to $X in 2022. In general, consumption enjoyed a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Telephone Apparatus Production in Portugal

In value terms, telephone apparatus production expanded modestly to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 34% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Telephone Apparatus Exports

Exports from Portugal

In 2022, telephone apparatus exports from Portugal declined to X tons, falling by -5.2% against the year before. Overall, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 72% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, telephone apparatus exports rose markedly to $X in 2022. Over the period under review, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.6% 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 +19.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 33%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for telephone apparatus exports from Portugal, with a 24% share of total exports. Moreover, telephone apparatus exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), fivefold. The United States (X tons) ranked third in terms of total exports with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +74.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+13.6% per year) and the United States (+7.0% per year).

In value terms, the largest markets for telephone apparatus exported from Portugal were Germany ($X), France ($X) and the United States ($X), together accounting for 49% of total exports. Spain, the Netherlands, Egypt, Angola, Poland, Hungary, Mozambique, the UK, Cabo Verde and Qatar lagged somewhat behind, together comprising a further 37%.

In terms of the main countries of destination, Qatar, with a CAGR of +136.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average telephone apparatus export price stood at $X per ton in 2021, growing by 7.1% against the previous year. In general, the export price, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2016 an increase of 35%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Qatar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cabo Verde (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Portugal

In 2022, supplies from abroad of telephone apparatus increased by 18% to X tons, rising for the second year in a row after two years of decline. In general, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +8.2% 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 +45.5% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 65% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, telephone apparatus imports soared to $X in 2022. Over the period under review, imports posted a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of telephone apparatus imports to Portugal, with a combined 23% share of total imports. France, Belgium, Sweden, Germany, Hungary, Vietnam, Poland, Italy and the UK lagged somewhat behind, together comprising a further 21%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +58.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest telephone apparatus suppliers to Portugal were Spain ($X), the Netherlands ($X) and Vietnam ($X), together accounting for 58% of total imports. China, France, Italy, Germany, Sweden, Hungary, Poland, Belgium and the UK lagged somewhat behind, together comprising a further 31%.

Among the main suppliers, Belgium, with a CAGR of +30.8%, saw 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 2021, the average telephone apparatus import price amounted to $X per ton, with a decrease of -2.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 19%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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