Portugal: Amplifier Market 2024

Amplifier Market Size in Portugal

The Portuguese amplifier market expanded significantly to $X in 2022, rising by 6.4% against the previous year. Overall, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -24.6% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Amplifier Production in Portugal

In value terms, amplifier production contracted markedly to $X in 2022 estimated in export price. Over the period under review, production faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the production volume increased by 1.5%. Amplifier production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Amplifier Exports

Exports from Portugal

In 2022, shipments abroad of amplifiers increased by 17% to X units for the first time since 2016, thus ending a five-year declining trend. Over the period under review, exports continue to indicate notable growth. The most prominent rate of growth was recorded in 2015 with an increase of 208%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, amplifier exports surged to $X in 2022. Overall, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 138%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units) was the main destination for amplifier exports from Portugal, accounting for a 55% share of total exports. Moreover, amplifier exports to Spain exceeded the volume sent to the second major destination, Angola (X units), fivefold. The third position in this ranking was taken by Germany (X units), with a 7.6% share.

From 2012 to 2022, the average annual growth rate of volume to Spain stood at +21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (-13.1% per year) and Germany (+20.9% per year).

In value terms, the largest markets for amplifier exported from Portugal were Spain ($X), Angola ($X) and Australia ($X), with a combined 63% share of total exports. The United States, Germany, Brazil, France and Mozambique lagged somewhat behind, together comprising a further 16%.

Among the main countries of destination, the United States, with a CAGR of +139.5%, recorded the highest growth rate of 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

In 2022, the average amplifier export price amounted to $X per unit, with an increase of 3.4% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, amplifier export price increased by +54.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 58% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Mozambique ($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 (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.

Amplifier Imports

Imports into Portugal

In 2022, the amount of amplifiers imported into Portugal reduced to X units, with a decrease of -6.2% on the previous year. Over the period under review, total imports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.6% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of 79%. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, amplifier imports skyrocketed to $X in 2022. In general, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2015 when imports increased by 93%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), Spain (X units) and the Netherlands (X units) were the main suppliers of amplifier imports to Portugal, together comprising 50% of total imports. China, Slovakia, France, Thailand, Belgium, Italy and the UK lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +124.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of amplifiers to Portugal, comprising 27% of total imports. The second position in the ranking was taken by Germany ($X), with a 12% share of total imports. It was followed by the Netherlands, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.0% per year) and the Netherlands (-0.7% per year).

Import Prices by Country

The average amplifier import price stood at $X per unit in 2022, with an increase of 30% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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