Portugal: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Portugal

In 2022, the Portuguese market for non-domestic percolators and equipment for cooking or heating food decreased by -12.1% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, continues to indicate a abrupt setback. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Portugal

In value terms, production of non-domestic percolators and equipment for cooking or heating food contracted sharply to $X in 2022 estimated in export price. In general, production saw a pronounced decline. The most prominent rate of growth was recorded in 2014 with an increase of 68%. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth remained at a lower figure.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Portugal

In 2022, overseas shipments of non-domestic percolators and equipment for cooking or heating food decreased by -31.1% to X units for the first time since 2019, thus ending a two-year rising trend. In general, total exports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 34%. Over the period under review, the exports of hit record highs at X units in 2021, and then reduced dramatically in the following year.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food dropped to $X in 2022. Overall, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

Germany (X units), Spain (X units) and Poland (X units) were the main destinations of exports of non-domestic percolators and equipment for cooking or heating food from Portugal, with a combined 55% share of total exports. Switzerland, Belgium, France, the UK, Angola, Russia, Greece and Brazil lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +66.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-domestic percolators and equipment for cooking or heating food exported from Portugal were Germany ($X), Spain ($X) and Poland ($X), together comprising 56% of total exports. Switzerland, Belgium, France, the UK, Angola, Russia, Greece and Brazil lagged somewhat behind, together comprising a further 24%.

Among the main countries of destination, Greece, with a CAGR of +69.7%, saw the highest rates of growth with regard to 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

In 2022, the average export price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, growing by 28% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-domestic percolators and equipment for cooking or heating food increased by +74.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 36%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Greece ($X per unit) and France ($X per unit), while the average price for exports to Brazil ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Portugal

Imports of non-domestic percolators and equipment for cooking or heating food into Portugal totaled less than X units in 2022, approximately equating 2021 figures. In general, imports saw a buoyant increase. The smallest decline of 99.9% was in 2018. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food reached $X in 2022. Overall, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.7% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of 32%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2017, Italy (X units) constituted the largest supplier of non-domestic percolators and equipment for cooking or heating food to Portugal, accounting for a 51% share of total imports. Moreover, imports of non-domestic percolators and equipment for cooking or heating food from Italy exceeded the figures recorded by the second-largest supplier, Spain (X units), twofold. The third position in this ranking was held by Germany (X units), with a 4.2% share.

From 2014 to 2017, the average annual growth rate of volume from Italy stood at +10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+37.0% per year) and Germany (+41.1% per year).

In value terms, Italy ($X) constituted the largest supplier of non-domestic percolators and equipment for cooking or heating food to Portugal, comprising 51% of total imports. The second position in the ranking was held by Spain ($X), with a 25% share of total imports. It was followed by Germany, with a 4.2% share.

From 2014 to 2017, the average annual rate of growth in terms of value from Italy stood at -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+21.3% per year) and Germany (+24.9% per year).

Import Prices by Country

The average import price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2017, approximately reflecting the previous year. Overall, the import price faced a abrupt descent. The most prominent rate of growth was recorded in 2015 a decrease of 99.9%. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2017, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2017, amid the top importers, the highest price was recorded for prices from Italy ($X per unit) and Spain ($X per unit), while the price for Sweden ($X per unit) and France ($X per unit) were amongst the lowest.

From 2014 to 2017, the most notable rate of growth in terms of prices was attained by Italy (-11.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform