Portugal: Threaded Metal Articles Market 2025

Threaded Metal Articles Market Size in Portugal

The Portuguese threaded metal articles market expanded notably to $X in 2021, increasing by 13% against the previous year. Over the period under review, consumption, however, showed a prominent increase. Threaded metal articles consumption peaked in 2021 and is expected to retain growth in years to come.

Threaded Metal Articles Production in Portugal

In value terms, threaded metal articles production reached $X in 2021 estimated in export price. Overall, production posted a significant expansion. The growth pace was the most rapid in 2017 when the production volume increased by 213% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Threaded Metal Articles Exports

Exports from Portugal

In 2021, overseas shipments of threaded articles of iron or steel increased by 36% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, recorded a slight decrease. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, threaded metal articles exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X tons), France (X tons) and Germany (X tons) were the main destinations of threaded metal articles exports from Portugal, together comprising 72% of total exports. These countries were followed by Cote d'Ivoire, Angola, Italy and Morocco, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of +96.7%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Spain ($X) and Germany ($X) appeared to be the largest markets for threaded metal articles exported from Portugal worldwide, with a combined 74% share of total exports. Angola, Italy, Cote d'Ivoire and Morocco lagged somewhat behind, together accounting for a further 14%.

Among the main countries of destination, Cote d'Ivoire, with a CAGR of +70.0%, saw the highest growth rate of 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 threaded metal articles export price stood at $X per ton in 2021, with an increase of 8.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2018 an increase of 14% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Threaded Metal Articles Imports

Imports into Portugal

In 2021, the amount of threaded articles of iron or steel imported into Portugal was estimated at X tons, surging by 6.2% against the previous year's figure. In general, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -2.2% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 50% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, threaded metal articles imports surged to $X in 2021. Overall, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 52%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest threaded metal articles supplier to Portugal, accounting for a 45% share of total imports. Moreover, threaded metal articles imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+3.0% per year) and Germany (+8.0% per year).

In value terms, the largest threaded metal articles suppliers to Portugal were Spain ($X), China ($X) and Germany ($X), with a combined 58% share of total imports. France, Poland, Italy, Slovakia, the Netherlands and Vietnam lagged somewhat behind, together accounting for a further 32%.

Poland, with a CAGR of +66.1%, recorded the highest growth rate of the value of imports, in terms of 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 threaded metal articles import price amounted to $X per ton, picking up by 18% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2013 when the average import price increased by 35% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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