Report Update Nov 1, 2024

Portugal - Radiators for Central Heating (Not Electrically Heated) - Market Analysis, Forecast, Size, Trends and Insights

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Portugal: Radiator Market 2024

Radiator Market Size in Portugal

In 2022, the Portuguese radiator market decreased by -22.8% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Radiator Production in Portugal

In value terms, radiator production rose markedly to $X in 2022 estimated in export price. Overall, production enjoyed temperate growth. The pace of growth appeared the most rapid in 2021 when the production volume increased by 43%. Over the period under review, production attained the maximum level in 2022 and is likely to see steady growth in the near future.

Radiator Exports

Exports from Portugal

In 2022, exports of radiators for central heating (not electrically heated) from Portugal surged to X tons, with an increase of 522% on 2021. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2013 when exports increased by 1,701%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, radiator exports surged to $X in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 1,235%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Spain (X tons) was the main destination for radiator exports from Portugal, with a 95% share of total exports. Moreover, radiator exports to Spain exceeded the volume sent to the second major destination, France (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain stood at +120.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-12.0% per year) and Denmark (-69.4% per year).

In value terms, Spain ($X) emerged as the key foreign market for radiators for central heating (not electrically heated) exports from Portugal, comprising 81% of total exports. The second position in the ranking was held by France ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Spain stood at +118.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-10.8% per year) and Denmark (-63.2% per year).

Export Prices by Country

The average radiator export price stood at $X per ton in 2022, which is down by -53.8% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2017 an increase of 77% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, 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 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Radiator Imports

Imports into Portugal

In 2022, radiator imports into Portugal dropped sharply to X tons, waning by -18.8% against 2021. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 63% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, radiator imports reduced to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 61%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Spain (X tons), Italy (X tons) and Turkey (X tons) were the main suppliers of radiator imports to Portugal, with a combined 94% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +31.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest radiator suppliers to Portugal were Spain ($X), Italy ($X) and Turkey ($X), together comprising 93% of total imports.

Among the main suppliers, Turkey, with a CAGR of +32.0%, saw 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 radiator import price stood at $X per ton in 2022, surging by 9.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 24%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Liberia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for radiators for central heating (not electrically heated) in the world?

China remains the largest radiator consuming country worldwide, comprising approx. 30% of total volume. Moreover, radiator consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 11% share.

What are the largest producers of radiators for central heating (not electrically heated) in the world?

China constituted the country with the largest volume of radiator production, comprising approx. 31% of total volume. Moreover, radiator production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 11% share.

What are the leading suppliers of radiators for central heating (not electrically heated) to Portugal?

In value terms, Spain, Italy and the Netherlands were the largest radiator suppliers to Portugal, with a combined 92% share of total imports.

What are the leading importers of radiators for central heating (not electrically heated) from Portugal?

In value terms, the largest markets for radiator exported from Portugal were France, Spain and Italy, with a combined 77% share of total exports.

What is the average export price for radiators for central heating (not electrically heated) in Portugal?

The average radiator export price stood at $11,137 per ton in 2021, with an increase of 63% against the previous year.

What is the average import price for radiators for central heating (not electrically heated) in Portugal?

The average radiator import price stood at $5,220 per ton in 2021, surging by 8.8% against the previous year.

This report provides an in-depth analysis of the radiator market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25211100 - Radiators for central heating, not electrically heated, and parts thereof, of iron or steel

Country coverage:

Portugal

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Portugal
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023