Portugal: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in Portugal

The Portuguese market for iron or steel leaf-springs and leaves fell sharply to $X in 2020, declining by -X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Production of Iron Or Steel Leaf-Springs And Leaves in Portugal

In value terms, production of iron or steel leaf-springs and leaves shrank markedly to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Production peaked at $X in 2008; however, from 2009 to 2020, production stood at a somewhat lower figure.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports from Portugal

For the fifth year in a row, Portugal recorded decline in shipments abroad of iron or steel leaf-springs and leaves, which decreased by -X% to X tons in 2020. Overall, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tons in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of iron or steel leaf-springs and leaves contracted notably to $X in 2020. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

Exports by Country

Germany (X tons) was the main destination for exports of iron or steel leaf-springs and leaves from Portugal, with a X% share of total exports. Moreover, exports of iron or steel leaf-springs and leaves to Germany exceeded the volume sent to the second major destination, Spain (X tons), threefold. France (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-X% per year) and France (-X% per year).

In value terms, Germany ($X) emerged as the key foreign market for iron or steel leaf-spring and leave exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and Spain (-X% per year).

Export Prices by Country

The average export price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, which is down by -X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was South Africa ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced a decline.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports into Portugal

In 2020, the amount of iron or steel leaf-springs and leaves imported into Portugal reduced sharply to X tons, falling by -X% against 2019 figures. Over the period under review, imports showed a slight contraction. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Imports peaked at X tons in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

In value terms, imports of iron or steel leaf-springs and leaves declined significantly to $X in 2020. In general, imports showed a mild contraction. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), Belgium (X tons) and Brazil (X tons) were the main suppliers of imports of iron or steel leaf-springs and leaves to Portugal, together accounting for X% of total imports. Japan, Colombia, Turkey, Germany and China lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Spain ($X) were the largest iron or steel leaf-spring and leave suppliers to Portugal, together comprising X% of total imports. These countries were followed by Japan, Brazil, Colombia, China and Turkey, which together accounted for a further X terms of the main suppliers, China recorded 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 import price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, growing by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. from 2010 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :