Portugal: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Portugal

In 2020, the Portuguese metal advertising sign market decreased by -X% to $X, falling for the second year in a row after three years of growth. Overall, consumption, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Metal Advertising Sign Production in Portugal

In value terms, metal advertising sign production contracted to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a deep slump. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Metal advertising sign production peaked at $X in 2008; however, from 2009 to 2020, production stood at a somewhat lower figure.

Metal Advertising Sign Exports

Exports from Portugal

Metal advertising sign exports from Portugal surged to X tons in 2020, growing by X% compared with the previous year's figure. Overall, exports showed a resilient increase. Over the period under review, exports attained the peak figure at X tons in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

In value terms, metal advertising sign exports soared to $X in 2020. In general, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for metal advertising sign exports from Portugal, accounting for a X% share of total exports. Moreover, metal advertising sign exports to Spain exceeded the volume sent to the second major destination, Ireland (X tons), sixfold. The third position in this ranking was occupied by France (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Spain amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+X% per year) and France (+X% per year).

In value terms, Spain ($X), Ireland ($X) and France ($X) constituted the largest markets for metal advertising sign exported from Portugal worldwide, together comprising X% of total exports.

Among the main countries of destination, Ireland (+X% per year) saw the highest growth rate of 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

The average metal advertising sign export price stood at $X per ton in 2020, shrinking by -X% against the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. As a result, export price attained the peak level of $X per ton. From 2019 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was France ($X per ton), while the average price for exports to Spain ($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 Angola, while the prices for the other major destinations experienced a decline.

Metal Advertising Sign Imports

Imports into Portugal

In 2020, after two years of growth, there was significant decline in purchases abroad of metal advertising signs, when their volume decreased by -X% to X tons. Overall, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2009 when imports increased by X% year-to-year. Imports peaked at X tons in 2019, and then shrank rapidly in the following year.

In value terms, metal advertising sign imports contracted notably to $X in 2020. Over the period under review, imports, however, showed a strong increase. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2019, and then contracted dramatically in the following year.

Imports by Country

Spain (X tons), Italy (X tons) and France (X tons) were the main suppliers of metal advertising sign imports to Portugal, with a combined X% share of total imports. These countries were followed by China, the UK and Germany, which together accounted for a further X 2007 to 2020, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal advertising sign suppliers to Portugal were Spain ($X), Italy ($X) and China ($X), together comprising X% of total imports.

China saw 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 2020, the average metal advertising sign import price amounted to $X per ton, which is down by -X% against the previous year. In general, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per ton in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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