Portugal: Photo-Copying Apparatus Market 2024

Photo-Copying Apparatus Market Size in Portugal

The Portuguese photo-copying apparatus market surged to $X in 2022, growing by 19% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2022: its value 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, consumption increased by +79.4% against 2018 indices. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Photo-Copying Apparatus Exports

Exports from Portugal

In 2022, the amount of photo-copying apparatus exported from Portugal soared to X units, with an increase of 85% against the previous year's figure. Overall, exports recorded a mild expansion. The growth pace was the most rapid in 2020 with an increase of 210%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, photo-copying apparatus exports surged to $X in 2022. Over the period under review, exports, however, saw a mild curtailment. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Angola (X units) was the main destination for photo-copying apparatus exports from Portugal, with a 52% share of total exports. Moreover, photo-copying apparatus exports to Angola exceeded the volume sent to the second major destination, South Korea (X units), fourfold. The third position in this ranking was held by Cabo Verde (X units), with a 7% share.

From 2012 to 2022, the average annual growth rate of volume to Angola stood at +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+194.3% per year) and Cabo Verde (+15.7% per year).

In value terms, the largest markets for photo-copying apparatus exported from Portugal were Angola ($X), South Korea ($X) and the United States ($X), together accounting for 50% of total exports.

South Korea, with a CAGR of +218.6%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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 photo-copying apparatus export price amounted to $X per unit, with an increase of 91% against the previous year. Overall, the export price, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2016 when the average export price increased by 117%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to France ($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 the United States (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Photo-Copying Apparatus Imports

Imports into Portugal

In 2022, supplies from abroad of photo-copying apparatus increased by 41% to X units, rising for the fourth consecutive year after five years of decline. In general, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.2% 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 +81.9% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of 47%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, photo-copying apparatus imports reached $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X units) constituted the largest supplier of photo-copying apparatus to Portugal, accounting for a 57% share of total imports. Moreover, photo-copying apparatus imports from Spain exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The third position in this ranking was held by France (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+50.7% per year) and France (+5.9% per year).

In value terms, Spain ($X), Italy ($X) and China ($X) were the largest photo-copying apparatus suppliers to Portugal, with a combined 69% share of total imports.

China, with a CAGR of +48.4%, recorded the highest growth rate of 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 photo-copying apparatus import price amounted to $X per unit, dropping by -20.1% against the previous year. Overall, the import price recorded a pronounced decline. The pace of growth appeared the most rapid in 2016 when the average import price increased by 33% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 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 Italy ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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