Portugal: Market for Residential, Commercial and Industrial Lighting Fixture 2025

Market Size for Residential, Commercial and Industrial Lighting Fixture in Portugal

The Portuguese market for residential, commercial and industrial lighting fixture was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -24.1% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Residential, Commercial and Industrial Lighting Fixture in Portugal

In value terms, production of residential, commercial and industrial lighting fixture fell remarkably to $X in 2021 estimated in export price. Overall, production recorded a abrupt descent. The pace of growth appeared the most rapid in 2018 when the production volume increased by 16%. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth remained at a somewhat lower figure.

Exports of Residential, Commercial and Industrial Lighting Fixture

Exports from Portugal

After six years of decline, shipments abroad of residential, commercial and industrial lighting fixture increased by 3.3% to X units in 2021. Overall, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 15% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of residential, commercial and industrial lighting fixture rose notably to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 16%. Over the period under review, the exports of reached the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units) was the main destination for exports of residential, commercial and industrial lighting fixture from Portugal, with a 38% share of total exports. Moreover, exports of residential, commercial and industrial lighting fixture to Spain exceeded the volume sent to the second major destination, France (X units), twofold. Angola (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-10.0% per year) and Angola (-10.6% per year).

In value terms, Spain ($X), France ($X) and Angola ($X) were the largest markets for residential, commercial and industrial lighting fixture exported from Portugal worldwide, together comprising 49% of total exports. These countries were followed by the UK, Germany, Italy, the Netherlands, Poland, Mozambique, Belgium and Cabo Verde, which together accounted for a further 21%.

In terms of the main countries of destination, Italy, with a CAGR of +16.2%, recorded 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

The average export price for residential, commercial and industrial lighting fixture stood at $X per unit in 2021, increasing by 11% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for residential, commercial and industrial lighting fixture increased by +42.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 28% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Cabo Verde ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Residential, Commercial and Industrial Lighting Fixture

Imports into Portugal

In 2021, overseas purchases of residential, commercial and industrial lighting fixture were finally on the rise to reach X units after two years of decline. In general, total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 24%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of residential, commercial and industrial lighting fixture skyrocketed to $X in 2021. Overall, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 31%. Over the period under review, imports of reached the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Spain (X units), China (X units) and the Netherlands (X units) were the main suppliers of imports of residential, commercial and industrial lighting fixture to Portugal, together accounting for 64% of total imports. Italy, France, India, Germany, Hungary, Poland, Austria and Bulgaria lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +107.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest residential, commercial and industrial lighting fixture suppliers to Portugal were Spain ($X), China ($X) and Italy ($X), with a combined 64% share of total imports. France, the Netherlands, Germany, Austria, Hungary, India, Bulgaria and Poland lagged somewhat behind, together accounting for a further 30%.

Among the main suppliers, Bulgaria, with a CAGR of +113.1%, recorded 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 import price for residential, commercial and industrial lighting fixture stood at $X per unit in 2021, almost unchanged from the previous year. Over the last nine-year period, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 13% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :