Portugal: Industrial Robot Market 2024

Industrial Robot Market Size in Portugal

After five years of growth, the Portuguese industrial robot market decreased by -24.4% to $X in 2021. Overall, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Industrial robot consumption peaked at $X in 2020, and then declined rapidly in the following year.

Industrial Robot Production in Portugal

In value terms, industrial robot production surged to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a significant increase. The growth pace was the most rapid in 2017 when the production volume increased by 233%. Over the period under review, production attained the maximum level in 2021 and is expected to retain growth in the immediate term.

Industrial Robot Exports

Exports from Portugal

In 2021, approx. X units of industrial robots for multiple uses were exported from Portugal; approximately reflecting 2020. In general, exports, however, recorded a noticeable increase. The growth pace was the most rapid in 2015 when exports increased by 124% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, industrial robot exports reduced to $X in 2021. Over the period under review, exports, however, continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2015 with an increase of 153% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X units) was the main destination for industrial robot exports from Portugal, with a 54% share of total exports. Moreover, industrial robot exports to Spain exceeded the volume sent to the second major destination, Poland (X units), fourfold. The third position in this ranking was held by France (X units), with a 9.2% share.

From 2012 to 2021, the average annual growth rate of volume to Spain totaled -1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+33.8% per year) and France (+23.1% per year).

In value terms, Spain ($X) remains the key foreign market for industrial robots for multiple uses exports from Portugal, comprising 52% of total exports. The second position in the ranking was taken by Poland ($X), with a 12% share of total exports. It was followed by France, with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain stood at +1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+25.7% per year) and France (+14.0% per year).

Export Prices by Country

The average industrial robot export price stood at $X per unit in 2021, falling by -9.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2018 an increase of 23% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to the Czech Republic ($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 the United States (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Robot Imports

Imports into Portugal

In 2021, purchases abroad of industrial robots for multiple uses was finally on the rise to reach X units after two years of decline. Overall, imports saw a noticeable expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 67%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, industrial robot imports soared to $X in 2021. Over the period under review, imports posted a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 73% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Spain (X units) constituted the largest industrial robot supplier to Portugal, with a 55% share of total imports. Moreover, industrial robot imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was held by Sweden (X units), with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.9% per year) and Sweden (+1.4% per year).

In value terms, Spain ($X) constituted the largest supplier of industrial robots for multiple uses to Portugal, comprising 50% of total imports. The second position in the ranking was held by Denmark ($X), with an 11% share of total imports. It was followed by Germany, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+74.3% per year) and Germany (-9.4% per year).

Import Prices by Country

The average industrial robot import price stood at $X per unit in 2021, declining by -17.6% against the previous year. In general, the import price, however, recorded slight growth. The growth pace was the most rapid in 2013 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat 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 Denmark ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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