Portugal: Network Communications Equipment Market 2024

Network Communications Equipment Market Size in Portugal

The Portuguese network communications equipment market fell sharply to $X in 2022, waning by -22.7% against the previous year. In general, consumption, however, showed buoyant growth. As a result, consumption reached the peak level of $X, and then fell significantly in the following year.

Network Communications Equipment Production in Portugal

In value terms, network communications equipment production rose slightly to $X in 2022 estimated in export price. Overall, production recorded strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 192%. Network communications equipment production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Network Communications Equipment Exports

Exports from Portugal

In 2022, overseas shipments of network communications equipment were finally on the rise to reach X units for the first time since 2015, thus ending a six-year declining trend. Overall, exports enjoyed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, network communications equipment exports surged to $X in 2022. Over the period under review, exports saw a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X units) was the main destination for network communications equipment exports from Portugal, with a 68% share of total exports. Moreover, network communications equipment exports to France exceeded the volume sent to the second major destination, Italy (X units), ninefold. The third position in this ranking was held by the UK (X units), with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume to France stood at +124.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+89.7% per year) and the UK (+14.7% per year).

In value terms, France ($X) emerged as the key foreign market for network communications equipment exports from Portugal, comprising 48% of total exports. The second position in the ranking was taken by Italy ($X), with a 15% share of total exports. It was followed by Germany, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to +128.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+101.1% per year) and Germany (+48.4% per year).

Export Prices by Country

In 2022, the average network communications equipment export price amounted to $X per unit, falling by -50.1% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 40%. As a result, the export price attained the peak level of $X per unit, and then dropped remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while the average price for exports to Ireland ($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 Lithuania (+40.4%), while the prices for the other major destinations experienced more modest paces of growth.

Network Communications Equipment Imports

Imports into Portugal

In 2022, imports of network communications equipment into Portugal dropped notably to X units, with a decrease of -22.4% on the year before. In general, imports, however, posted strong growth. The growth pace was the most rapid in 2017 with an increase of 41%. Over the period under review, imports reached the maximum at X units in 2021, and then dropped dramatically in the following year.

In value terms, network communications equipment imports reduced to $X in 2022. Overall, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Spain (X units) constituted the largest supplier of network communications equipment to Portugal, accounting for a 48% share of total imports. Moreover, network communications equipment imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fourfold. The third position in this ranking was taken by Italy (X units), with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+5.1% per year) and Italy (+42.9% per year).

In value terms, the Netherlands ($X), Spain ($X) and the Czech Republic ($X) were the largest network communications equipment suppliers to Portugal, together accounting for 64% of total imports. China, Germany, France, Italy and the UK lagged somewhat behind, together accounting for a further 21%.

France, with a CAGR of +17.2%, saw the highest rates of growth with regard to the value of imports, among 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 network communications equipment import price amounted to $X per unit, picking up by 19% against the previous year. Overall, the import price, however, continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 20%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Italy ($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 (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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