Portugal: Electro-Magnetic Coupling Market 2025

Electro-Magnetic Coupling Market Size in Portugal

The Portuguese electro-magnetic coupling market dropped to $X in 2022, reducing by -8.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed resilient growth. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Electro-Magnetic Coupling Exports

Exports from Portugal

Electro-magnetic coupling exports from Portugal surged to X tons in 2022, rising by 115% compared with 2021 figures. In general, exports, however, continue to indicate a dramatic decline. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, electro-magnetic coupling exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a precipitous setback. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Angola (X tons) was the main destination for electro-magnetic coupling exports from Portugal, with a 46% share of total exports. Moreover, electro-magnetic coupling exports to Angola exceeded the volume sent to the second major destination, Mozambique (X kg), twofold. The third position in this ranking was taken by Spain (X kg), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume to Angola stood at +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+34.2% per year) and Spain (-4.6% per year).

In value terms, Angola ($X) remains the key foreign market for electro-magnetic couplings, clutches and brakes exports from Portugal, comprising 38% of total exports. The second position in the ranking was held by Spain ($X), with a 16% share of total exports. It was followed by Mozambique, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Angola totaled +5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-2.7% per year) and Mozambique (+29.3% per year).

Export Prices by Country

In 2022, the average electro-magnetic coupling export price amounted to $X per ton, reducing by -26.7% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electro-magnetic coupling export price decreased by -29.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 34%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Electro-Magnetic Coupling Imports

Imports into Portugal

Electro-magnetic coupling imports into Portugal dropped to X tons in 2022, with a decrease of -9.2% on the previous year. In general, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 329%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, electro-magnetic coupling imports contracted to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by 185%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Switzerland (X tons) constituted the largest supplier of electro-magnetic coupling to Portugal, accounting for a 54% share of total imports. Moreover, electro-magnetic coupling imports from Switzerland exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by Spain (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Switzerland totaled +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.0% per year) and Spain (-3.6% per year).

In value terms, Germany ($X), Switzerland ($X) and Spain ($X) constituted the largest electro-magnetic coupling suppliers to Portugal, together comprising 73% of total imports.

Switzerland, with a CAGR of +2.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average electro-magnetic coupling import price stood at $X per ton in 2022, surging by 4.1% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electro-magnetic coupling import price increased by +28.6% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 86% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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 ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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