Portugal: Hand-Operated Air Pump Market 2024

Hand-Operated Air Pump Market Size in Portugal

In 2022, after two years of growth, there was decline in the Portuguese hand-operated air pump market, when its value decreased by -2.2% to $X. In general, consumption, however, saw prominent growth. Over the period under review, the market reached the maximum level at $X in 2021, and then dropped modestly in the following year.

Hand-Operated Air Pump Exports

Exports from Portugal

In 2022, approx. X units of hand or foot-operated air pumps were exported from Portugal; waning by -29.5% against the previous year. Overall, exports showed a deep contraction. The pace of growth appeared the most rapid in 2014 when exports increased by 190%. Over the period under review, the exports reached the maximum at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, hand-operated air pump exports reached $X in 2022. Over the period under review, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of 127% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X units) was the main destination for hand-operated air pump exports from Portugal, accounting for a 87% share of total exports. Moreover, hand-operated air pump exports to Spain exceeded the volume sent to the second major destination, Angola (X units), more than tenfold. The third position in this ranking was taken by Poland (X units), with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled -4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (-10.2% per year) and Poland (+77.0% per year).

In value terms, Angola ($X), Spain ($X) and Cabo Verde ($X) appeared to be the largest markets for hand-operated air pump exported from Portugal worldwide, with a combined 83% share of total exports. Poland and Italy lagged somewhat behind, together accounting for a further 4.7%.

Poland, with a CAGR of +84.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average hand-operated air pump export price amounted to $X per unit, rising by 52% against the previous year. Overall, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 151%. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Operated Air Pump Imports

Imports into Portugal

In 2022, imports of hand or foot-operated air pumps into Portugal reduced dramatically to X units, shrinking by -25% on the previous year's figure. In general, total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.9% against 2020 indices. The pace of growth was the most pronounced in 2013 when imports increased by 85%. Imports peaked at X units in 2021, and then contracted dramatically in the following year.

In value terms, hand-operated air pump imports rose to $X in 2022. Overall, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 74%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Spain (X units), Germany (X units) and China (X units) were the main suppliers of hand-operated air pump imports to Portugal, with a combined 72% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +13.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hand-operated air pump suppliers to Portugal were Germany ($X), Spain ($X) and France ($X), together accounting for 74% of total imports.

Germany, with a CAGR of +23.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average hand-operated air pump import price amounted to $X per unit, picking up by 38% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hand-operated air pump import price increased by +109.5% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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