Portugal: Market for Electric Burglar Or Fire Alarms And Similar Apparatus 2025

Market Size for Electric Burglar Or Fire Alarms And Similar Apparatus in Portugal

In 2021, the Portuguese market for electric burglar or fire alarms and similar apparatus decreased by -30.6% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption showed a pronounced curtailment. Electric burglar or fire alarm consumption peaked at $X in 2020, and then contracted remarkably in the following year.

Production of Electric Burglar Or Fire Alarms And Similar Apparatus in Portugal

In value terms, electric burglar or fire alarm production dropped remarkably to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by 69% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Exports of Electric Burglar Or Fire Alarms And Similar Apparatus

Exports from Portugal

In 2021, shipments abroad of electric burglar or fire alarms and similar apparatus was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. In general, exports saw a prominent expansion. The growth pace was the most rapid in 2017 with an increase of 129% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electric burglar or fire alarm exports surged to $X in 2021. Over the period under review, exports showed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 113% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X units), Spain (X units) and Angola (X units) were the main destinations of electric burglar or fire alarm exports from Portugal, with a combined 49% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +223.0%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) emerged as the key foreign market for electric burglar or fire alarms and similar apparatus exports from Portugal, comprising 27% of total exports. The second position in the ranking was taken by the United States ($X), with a 12% share of total exports. It was followed by Spain, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic amounted to +214.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+135.8% per year) and Spain (+14.1% per year).

Export Prices by Country

The average export price for electric burglar or fire alarms and similar apparatus stood at $X per unit in 2021, remaining constant against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2018 an increase of 24% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per unit), while the average price for exports to Angola ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Burglar Or Fire Alarms And Similar Apparatus

Imports into Portugal

In 2021, the amount of electric burglar or fire alarms and similar apparatus imported into Portugal dropped to X units, shrinking by -7.1% against the previous year's figure. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by 22% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, electric burglar or fire alarm imports rose sharply to $X in 2021. The total import value increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 17% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, Spain (X units) constituted the largest electric burglar or fire alarm supplier to Portugal, accounting for a 40% share of total imports. Moreover, electric burglar or fire alarm imports from Spain exceeded the figures recorded by the second-largest supplier, Bulgaria (X units), threefold. The third position in this ranking was held by Romania (X units), with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain amounted to +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+22.6% per year) and Romania (+25.2% per year).

In value terms, Spain ($X) constituted the largest supplier of electric burglar or fire alarms and similar apparatus to Portugal, comprising 35% of total imports. The second position in the ranking was held by Germany ($X), with a 15% share of total imports. It was followed by Italy, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.1% per year) and Italy (+9.4% per year).

Import Prices by Country

The average import price for electric burglar or fire alarms and similar apparatus stood at $X per unit in 2021, rising by 16% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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