Portugal: Market for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers 2025

Market Size for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Portugal

In 2022, the Portuguese market for iron or steel gas domestic cooking appliances and plate warmers decreased by -33.4% to $X, falling for the second consecutive year after two years of growth. Overall, consumption continues to indicate a noticeable shrinkage. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Portugal

In value terms, production of iron or steel gas domestic cooking appliances and plate warmers shrank slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2017 when the production volume increased by 27%. Production of peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Exports from Portugal

In 2022, approx. X units of iron or steel gas domestic cooking appliances and plate warmers were exported from Portugal; waning by -12.6% on 2021 figures. In general, total exports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 67%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers reduced rapidly to $X in 2022. Overall, exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X units) was the main destination for exports of iron or steel gas domestic cooking appliances and plate warmers from Portugal, accounting for a 86% share of total exports. Moreover, exports of iron or steel gas domestic cooking appliances and plate warmers to Spain exceeded the volume sent to the second major destination, Saudi Arabia (X units), more than tenfold. The third position in this ranking was taken by Germany (X units), with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled +7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-5.6% per year) and Germany (+36.4% per year).

In value terms, Spain ($X) remains the key foreign market for iron or steel gas domestic cooking appliances and plate warmers exports from Portugal, comprising 65% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with an 8.6% share of total exports. It was followed by Germany, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-5.0% per year) and Germany (+35.6% per year).

Export Prices by Country

The average export price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, which is down by -3% against the previous year. Over the period under review, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 14%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Imports into Portugal

In 2022, approx. X units of iron or steel gas domestic cooking appliances and plate warmers were imported into Portugal; which is down by -35% against 2021. In general, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of 57%. Imports peaked at X units in 2021, and then shrank markedly in the following year.

In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers dropped significantly to $X in 2022. Overall, total imports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of $X, and then reduced markedly in the following year.

Imports by Country

Spain (X units), Turkey (X units) and France (X units) were the main suppliers of imports of iron or steel gas domestic cooking appliances and plate warmers to Portugal, with a combined 69% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +30.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Turkey ($X) and Italy ($X) appeared to be the largest iron or steel gas domestic cooking appliances and plate warmers suppliers to Portugal, with a combined 76% share of total imports.

Turkey, with a CAGR of +22.9%, recorded 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 more modest paces of growth.

Import Prices by Country

In 2022, the average import price for iron or steel gas domestic cooking appliances and plate warmers amounted to $X per unit, with an increase of 3.8% against the previous year. Over the period under review, the import price, however, saw a mild slump. The pace of growth appeared the most rapid in 2017 an increase of 55% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform