Portugal: Clasp Knife Market 2024

Clasp Knife Market Size in Portugal

The Portuguese clasp knife market reached $X in 2022, increasing by 2.3% against the previous year. Over the period under review, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +2.7% 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 +65.7% against 2020 indices. Clasp knife consumption peaked in 2022 and is likely to continue growth in the immediate term.

Clasp Knife Production in Portugal

In value terms, clasp knife production dropped slightly to $X in 2022 estimated in export price. Overall, production showed a pronounced contraction. The growth pace was the most rapid in 2017 with an increase of 9.5%. Clasp knife production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Clasp Knife Exports

Exports from Portugal

In 2022, the amount of clasp knives exported from Portugal skyrocketed to X units, increasing by 22% compared with 2021. Over the period under review, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 189%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, clasp knife exports skyrocketed to $X in 2022. In general, exports showed strong growth. The growth pace was the most rapid in 2020 when exports increased by 187%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Spain (X units), Saudi Arabia (X units) and Poland (X units) were the main destinations of clasp knife exports from Portugal, together accounting for 49% of total exports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +195.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Spain ($X) and Japan ($X) constituted the largest markets for clasp knife exported from Portugal worldwide, together comprising 52% of total exports.

In terms of the main countries of destination, Saudi Arabia, with a CAGR of +200.2%, 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 clasp knife export price amounted to $X per unit, rising by 9.1% against the previous year. Over the period under review, the export price, however, continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2019 an increase of 44%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Japan ($X per unit), while the average price for exports to Poland ($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 France (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Clasp Knife Imports

Imports into Portugal

In 2022, the amount of clasp knives imported into Portugal rose modestly to X units, increasing by 4.2% against 2021. In general, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +8.8% 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 +22.5% against 2018 indices. The growth pace was the most rapid in 2013 when imports increased by 25%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, clasp knife imports expanded significantly to $X in 2022. Over the period under review, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 33% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

China (X units), the Netherlands (X units) and Germany (X units) were the main suppliers of clasp knife imports to Portugal, with a combined 68% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +15.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest clasp knife suppliers to Portugal were Spain ($X), China ($X) and France ($X), with a combined 65% share of total imports.

Among the main suppliers, China, with a CAGR of +16.2%, 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

The average clasp knife import price stood at $X per unit in 2022, rising by 4.9% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, clasp knife import price increased by +79.6% against 2015 indices. The growth pace was the most rapid in 2016 an increase of 32% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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