Portugal: Metal Flexible Tubing Market 2024

Metal Flexible Tubing Market Size in Portugal

In 2022, the Portuguese metal flexible tubing market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption recorded a remarkable increase. Metal flexible tubing consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Metal Flexible Tubing Production in Portugal

In value terms, metal flexible tubing production surged to $X in 2022 estimated in export price. In general, production showed noticeable growth. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Metal flexible tubing production peaked in 2022 and is likely to see gradual growth in the near future.

Metal Flexible Tubing Exports

Exports from Portugal

In 2022, metal flexible tubing exports from Portugal surged to X tons, with an increase of X% on the previous year. Over the period under review, exports, however, saw a deep reduction. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, metal flexible tubing exports soared to $X in 2022. In general, exports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cabo Verde (X tons), Peru (X tons) and Angola (X tons) were the main destinations of metal flexible tubing exports from Portugal, with a combined X% share of total exports. Spain, Morocco, Greece, Chile, Poland, Tunisia, Algeria, Ireland and Mozambique lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal flexible tubing exported from Portugal were Spain ($X), Angola ($X) and Cabo Verde ($X), with a combined X% share of total exports. Peru, Greece, Chile, Morocco, Poland, Ireland, Algeria, Tunisia and Mozambique lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Poland, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average metal flexible tubing export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the near future.

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

Metal Flexible Tubing Imports

Imports into Portugal

In 2022, the amount of iron or steel flexible tubing imported into Portugal shrank notably to X tons, which is down by X% compared with the year before. Overall, imports saw a perceptible decrease. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, metal flexible tubing imports shrank notably to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then dropped significantly in the following year.

Imports by Country

Spain (X tons), Italy (X tons) and India (X tons) were the main suppliers of metal flexible tubing imports to Portugal, together accounting for X% of total imports. China, Germany, Taiwan (Chinese), South Korea, France and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Italy ($X) and China ($X) constituted the largest metal flexible tubing suppliers to Portugal, with a combined X% share of total imports. India, Germany, Taiwan (Chinese), France, South Korea and the UK lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, South Korea, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average metal flexible tubing import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal flexible tubing import price increased by X% against 2018 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 the UK ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :