Portugal: Electronic Material Tester Market 2024

Electronic Material Tester Market Size in Portugal

The Portuguese electronic material tester market dropped to $X in 2021, with a decrease of -6.2% against the previous year. Over the period under review, consumption continues to indicate a perceptible setback. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Electronic Material Tester Production in Portugal

In value terms, electronic material tester production fell to $X in 2021 estimated in export price. In general, production, however, posted a modest expansion. The pace of growth appeared the most rapid in 2016 when the production volume increased by 287% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Electronic Material Tester Exports

Exports from Portugal

In 2021, exports of electronic machines and appliances for testing materials from Portugal soared to X units, increasing by 110% on the previous year. Over the period under review, exports, however, recorded a perceptible reduction. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, electronic material tester exports skyrocketed to $X in 2021. In general, exports recorded a prominent expansion. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X units), Pakistan (X units) and Turkey (X units) were the main destinations of electronic material tester exports from Portugal, together comprising 48% of total exports.

From 2012 to 2021, the biggest increases were recorded for Pakistan (with a CAGR of +91.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for electronic machines and appliances for testing materials exports from Portugal, comprising 20% of total exports. The second position in the ranking was held by France ($X), with a 9.4% share of total exports. It was followed by Turkey, with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy totaled +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.5% per year) and Turkey (+37.1% per year).

Export Prices by Country

The average electronic material tester export price stood at $X per unit in 2021, with an increase of 9.5% against the previous year. In general, the export price enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2019 an increase of 43%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Pakistan ($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 (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Material Tester Imports

Imports into Portugal

Electronic material tester imports into Portugal contracted slightly to X units in 2021, standing approx. at the previous year. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when imports increased by 91% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, electronic material tester imports skyrocketed to $X in 2021. In general, imports continue to indicate a pronounced slump. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X units) constituted the largest electronic material tester supplier to Portugal, with a 69% share of total imports. Moreover, electronic material tester imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X units), tenfold. The third position in this ranking was taken by China (X units), with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at -6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+0.8% per year) and China (+26.4% per year).

In value terms, the largest electronic material tester suppliers to Portugal were Italy ($X), Germany ($X) and Spain ($X), with a combined 63% share of total imports. Switzerland, the UK, China and the Netherlands lagged somewhat behind, together accounting for a further 26%.

In terms of the main suppliers, Switzerland, with a CAGR of +37.3%, recorded 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

In 2021, the average electronic material tester import price amounted to $X per unit, rising by 51% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of 62% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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 Switzerland ($X per unit), while the price for Italy ($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 (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :