Portugal: Electric Radiator Market 2025

Electric Radiator Market Size in Portugal

The Portuguese electric radiator market soared to $X in 2021, increasing by 23% against the previous year. Overall, consumption enjoyed buoyant growth. Electric radiator consumption peaked in 2021 and is expected to retain growth in the near future.

Electric Radiator Production in Portugal

In value terms, electric radiator production skyrocketed to $X in 2021 estimated in export price. Overall, production continues to indicate significant growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Electric Radiator Exports

Exports from Portugal

In 2021, shipments abroad of electric radiators and convection heaters was finally on the rise to reach X units after three years of decline. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 131%. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, electric radiator exports skyrocketed to $X in 2021. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X units) was the main destination for electric radiator exports from Portugal, accounting for a 46% share of total exports. Moreover, electric radiator exports to Spain exceeded the volume sent to the second major destination, Germany (X units), twofold. The third position in this ranking was taken by Slovakia (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain stood at +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+64.5% per year) and Slovakia (+94.3% per year).

In value terms, the largest markets for electric radiator exported from Portugal were Slovakia ($X), Spain ($X) and Germany ($X), together accounting for 74% of total exports.

Among the main countries of destination, Slovakia, with a CAGR of +112.1%, saw 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

The average electric radiator export price stood at $X per unit in 2021, increasing by 67% against the previous year. In general, the export price recorded a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while the average price for exports to Australia ($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 France (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Radiator Imports

Imports into Portugal

In 2021, the amount of electric radiators and convection heaters imported into Portugal soared to X units, growing by 15% compared with the year before. In general, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +9.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +44.0% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 37% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, electric radiator imports skyrocketed to $X in 2021. Overall, imports showed strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by 38% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest supplier of electric radiator to Portugal, accounting for a 52% share of total imports. Moreover, electric radiator imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), twofold. The third position in this ranking was held by Germany (X units), with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +18.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+2.8% per year) and Germany (+1.8% per year).

In value terms, the largest electric radiator suppliers to Portugal were China ($X), Spain ($X) and Germany ($X), together accounting for 75% of total imports.

China, with a CAGR of +24.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric radiator import price stood at $X per unit in 2021, rising by 7.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2016 an increase of 9.7%. The import price peaked at $X per unit in 2019; however, from 2020 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 Spain ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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