Portugal: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in Portugal

In 2020, the Portuguese market for electric generating sets and rotary converters increased by X% to $X for the first time since 2014, thus ending a five-year declining trend. Over the period under review, consumption, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. from 2010 to 2020, the growth of the market remained at a lower figure.

Production of Electric Generating Sets And Rotary Converters in Portugal

In value terms, production of electric generating sets and rotary converters expanded sharply to $X in 2020 estimated in export prices. Overall, production, however, saw a resilient increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Production peaked in 2020 and is likely to see gradual growth in the immediate term.

Exports of Electric Generating Sets And Rotary Converters

Exports from Portugal

In 2020, overseas shipments of electric generating sets and rotary converters decreased by -X% to X units, falling for the third year in a row after two years of growth. Over the period under review, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, exports attained the peak of X units. from 2015 to 2020, the growth of exports remained at a lower figure.

In value terms, exports of electric generating sets and rotary converters dropped sharply to $X in 2020. Overall, exports recorded a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Spain (X units) was the main destination for exports of electric generating sets and rotary converters from Portugal, with a X% share of total exports. Moreover, exports of electric generating sets and rotary converters to Spain exceeded the volume sent to the second major destination, Germany (X units), threefold. Libya (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Spain stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Libya (+X% per year).

In value terms, Spain ($X), Angola ($X) and Germany ($X) constituted the largest markets for electric generating set and rotary converter exported from Portugal worldwide, with a combined X% share of total exports. These countries were followed by Poland, Libya, Cabo Verde and Bolivia, which together accounted for a further X terms of the main countries of destination, Bolivia (+X% per year) 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

In 2020, the average export price for electric generating sets and rotary converters amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the export price continues to indicate a tangible expansion. As a result, 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 export markets. In 2020, the country with the highest price was Angola ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Angola, while the prices for the other major destinations experienced a decline.

Imports of Electric Generating Sets And Rotary Converters

Imports into Portugal

In 2020, overseas purchases of electric generating sets and rotary converters decreased by X% to X units, falling for the second year in a row after two years of growth. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. As a result, imports reached the peak of X units. from 2010 to 2020, the growth of imports remained at a lower figure.

In value terms, imports of electric generating sets and rotary converters expanded modestly to $X in 2020. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X units), the Netherlands (X units) and Spain (X units) were the main suppliers of imports of electric generating sets and rotary converters to Portugal, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Germany, while purchases for the other leaders experienced a decline.

In value terms, the largest electric generating set and rotary converter suppliers to Portugal were Spain ($X), China ($X) and Germany ($X), together comprising X% of total imports. Italy, Austria and the Netherlands lagged somewhat behind, together accounting for a further X terms of the main suppliers, Austria saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average import price for electric generating sets and rotary converters amounted to $X per unit, growing by X% against the previous year. In general, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :