Portugal: Market for Television, Video and Digital Cameras 2024

Market Size for Television, Video and Digital Cameras in Portugal

The Portuguese market for television, video and digital cameras surged to $X in 2022, picking up by 16% against the previous year. In general, consumption, however, continues to indicate a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Television, Video and Digital Cameras in Portugal

In value terms, television, video and digital camera production surged to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep setback. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Television, Video and Digital Cameras

Exports from Portugal

After two years of growth, overseas shipments of television, video and digital cameras decreased by -6.1% to X units in 2022. Over the period under review, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year. The exports peaked at X units in 2021, and then dropped in the following year.

In value terms, television, video and digital camera exports contracted to $X in 2022. In general, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 42%. Over the period under review, the exports hit record highs at $X in 2021, and then fell in the following year.

Exports by Country

The United States (X units), Spain (X units) and the Czech Republic (X units) were the main destinations of television, video and digital camera exports from Portugal, with a combined 78% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +144.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for television, video and digital cameras exports from Portugal, comprising 41% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 14% share of total exports. It was followed by the Netherlands, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+208.1% per year) and the Netherlands (-3.6% per year).

Export Prices by Country

In 2022, the average export price for television, video and digital cameras amounted to $X per unit, dropping by -4.7% against the previous year. Overall, the export price showed a mild downturn. The most prominent rate of growth was recorded in 2013 an increase of 20% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Spain ($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 Czech Republic (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Television, Video and Digital Cameras

Imports into Portugal

In 2022, supplies from abroad of television, video and digital cameras decreased by -9.3% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year. Imports peaked at X units in 2021, and then fell in the following year.

In value terms, television, video and digital camera imports declined to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

Spain (X units), China (X units) and Germany (X units) were the main suppliers of television, video and digital camera imports to Portugal, together comprising 70% of total imports. The Czech Republic, the Netherlands, Italy, South Korea, the UK and France lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +23.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Germany ($X) and China ($X) constituted the largest television, video and digital camera suppliers to Portugal, with a combined 66% share of total imports. The Netherlands, the Czech Republic, South Korea, the UK, Italy and France lagged somewhat behind, together accounting for a further 22%.

In terms of the main suppliers, South Korea, with a CAGR of +20.4%, recorded the highest rates of growth with regard to 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

In 2022, the average import price for television, video and digital cameras amounted to $X per unit, shrinking by -1.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 26% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 the UK ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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