Portugal: Super-Heated Water Boiler Market 2024

Super-Heated Water Boiler Market Size in Portugal

After four years of growth, the Portuguese super-heated water boiler market decreased by -18.2% to $X in 2021. Over the period under review, consumption saw a noticeable setback. Super-heated water boiler consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Super-Heated Water Boiler Production in Portugal

In value terms, super-heated water boiler production dropped to $X in 2021 estimated in export price. In general, production continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by 247%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Super-Heated Water Boiler Exports

Exports from Portugal

In 2021, approx. X tons of super-heated water boilers were exported from Portugal; picking up by 108% against the previous year. Over the period under review, exports continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2013 when exports increased by 2,697% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, super-heated water boiler exports skyrocketed to $X in 2021. Overall, exports showed modest growth. The most prominent rate of growth was recorded in 2013 with an increase of 1,390% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons) and Spain (X tons) were the main destinations of super-heated water boiler exports from Portugal.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +204.1%).

In value terms, France ($X) and Spain ($X) were the largest markets for super-heated water boiler exported from Portugal worldwide.

In terms of the main countries of destination, Spain, with a CAGR of +225.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the average super-heated water boiler export price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 273% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Spain totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.1%), while the prices for the other major destinations experienced a decline.

Super-Heated Water Boiler Imports

Imports into Portugal

For the third year in a row, Portugal recorded growth in purchases abroad of super-heated water boilers, which increased by 6.4% to X tons in 2021. In general, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2019 when imports increased by 305%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, super-heated water boiler imports reduced dramatically to $X in 2021. Over the period under review, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2019 with an increase of 605% against the previous year. Over the period under review, imports reached the maximum at $X in 2020, and then fell sharply in the following year.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest super-heated water boiler supplier to Portugal, accounting for a 66% share of total imports. Moreover, super-heated water boiler imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with a 1.5% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands totaled +109.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+1.0% per year) and Italy (+43.6% per year).

In value terms, Spain ($X), the Netherlands ($X) and Italy ($X) appeared to be the largest super-heated water boiler suppliers to Portugal, with a combined 97% share of total imports.

The Netherlands, with a CAGR of +83.6%, 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 2021, the average super-heated water boiler import price amounted to $X per ton, declining by -42.3% against the previous year. In general, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2019 when the average import price increased by 74%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+22.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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