Portugal: Metal Skid Chain Market 2025

Metal Skid Chain Market Size in Portugal

For the third year in a row, the Portuguese metal skid chain market recorded decline in sales value, which decreased by -16.6% to $X in 2021. Overall, consumption continues to indicate a abrupt contraction. The growth pace was the most rapid in 2018 with an increase of 4% against the previous year. Metal skid chain consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Metal Skid Chain Production in Portugal

In value terms, metal skid chain production rose notably to $X in 2021 estimated in export price. Overall, production saw a abrupt downturn. Metal skid chain production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Metal Skid Chain Exports

Exports from Portugal

In 2021, the amount of iron or steel skid chain exported from Portugal surged to X tons, picking up by 1,832% on the previous year. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 29,392%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, metal skid chain exports skyrocketed to $X in 2021. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 27,528% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Spain (X tons) was the main destination for metal skid chain exports from Portugal, accounting for a 98% share of total exports. It was followed by Gibraltar (X tons), with a 1.7% share of total exports. Angola (X kg) ranked third in terms of total exports with a 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Gibraltar (0.0% per year) and Angola (-23.4% per year).

In value terms, Spain ($X) emerged as the key foreign market for iron or steel skid chain exports from Portugal, comprising 98% of total exports. The second position in the ranking was taken by Gibraltar ($X), with a 2% share of total exports. It was followed by Angola, with a 0.2% share.

From 2012 to 2021, 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: Gibraltar (0.0% per year) and Angola (-15.4% per year).

Export Prices by Country

In 2021, the average metal skid chain export price amounted to $X per ton, reducing by -4.5% against the previous year. Over the period under review, the export price showed a perceptible descent. The pace of growth was the most pronounced in 2017 when the average export price increased by 99% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Angola ($X per ton) and Gibraltar ($X per ton), while the average price for exports to Poland ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+10.4%).

Metal Skid Chain Imports

Imports into Portugal

In 2021, the amount of iron or steel skid chain imported into Portugal skyrocketed to X tons, increasing by 503% against 2020 figures. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal skid chain imports surged to $X in 2021. Over the period under review, imports posted resilient growth. The pace of growth was the most pronounced in 2016 when imports increased by 432%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest metal skid chain supplier to Portugal, accounting for a 57% share of total imports. Moreover, metal skid chain imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Austria (X tons), threefold. The third position in this ranking was taken by China (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from the Czech Republic stood at +176.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (0.0% per year) and China (+7.6% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of iron or steel skid chain to Portugal, comprising 61% of total imports. The second position in the ranking was taken by Austria ($X), with a 15% share of total imports. It was followed by Spain, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Czech Republic stood at +128.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (0.0% per year) and Spain (-3.8% per year).

Import Prices by Country

The average metal skid chain import price stood at $X per ton in 2021, with a decrease of -24.5% against the previous year. Over the period under review, the import price saw a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 75% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood 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 Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :