Portugal: Line Telephone Market 2024

Line Telephone Market Size in Portugal

In 2022, the Portuguese line telephone market decreased by -21.4% to $X, falling for the second consecutive year after two years of growth. In general, consumption recorded a abrupt setback. Line telephone consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Line Telephone Exports

Exports from Portugal

In 2022, the amount of line telephone sets with cordless handsets exported from Portugal declined sharply to X units, shrinking by -59.7% on the year before. Overall, exports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 530% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, line telephone exports shrank sharply to $X in 2022. In general, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 902%. As a result, the exports reached the peak of $X, and then dropped remarkably in the following year.

Exports by Country

Germany (X units) was the main destination for line telephone exports from Portugal, with a 52% share of total exports. Moreover, line telephone exports to Germany exceeded the volume sent to the second major destination, Cabo Verde (X units), threefold. Morocco (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +83.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cabo Verde (+8.8% per year) and Morocco (+3.4% per year).

In value terms, Germany ($X) remains the key foreign market for line telephone sets with cordless handsets exports from Portugal, comprising 68% of total exports. The second position in the ranking was held by Morocco ($X), with a 9% share of total exports. It was followed by Cabo Verde, with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +78.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+14.1% per year) and Cabo Verde (+9.2% per year).

Export Prices by Country

In 2022, the average line telephone export price amounted to $X per unit, rising by 4.3% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, line telephone export price increased by +69.3% against 2019 indices. The growth pace was the most rapid in 2021 when the average export price increased by 59%. Over the period under review, the average export prices hit record highs 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 Denmark ($X per unit), while the average price for exports to Spain ($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 Morocco (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Line Telephone Imports

Imports into Portugal

In 2022, overseas purchases of line telephone sets with cordless handsets decreased by -20% to X units, falling for the second consecutive year after three years of growth. Over the period under review, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 51%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, line telephone imports reduced notably to $X in 2022. Overall, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2018 with an increase of 48%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and Spain (X units) were the main suppliers of line telephone imports to Portugal, together comprising 94% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +49.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and China ($X) were the largest line telephone suppliers to Portugal, together accounting for 85% of total imports.

Among the main suppliers, Germany, with a CAGR of +46.8%, recorded the highest growth rate of 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 line telephone import price stood at $X per unit in 2022, which is down by -14.5% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 36%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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