Portugal: Market for Turbo-Propellers Of A Power Not Exceeding 1,100 kW 2024

Market Size for Turbo-Propellers Of A Power Not Exceeding 1,100 kW in Portugal

The Portuguese turbo-propeller (under X kW) market declined slightly to $X in 2022, which is down by X% against the previous year. Overall, consumption showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Turbo-Propellers Of A Power Not Exceeding X kW in Portugal

In value terms, turbo-propeller (under X kW) production reached $X in 2022 estimated in export price. Over the period under review, production, however, showed a slight setback. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Exports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Exports from Portugal

In 2022, approx. X units of turbo-propellers of a power not exceeding X kW were exported from Portugal; rising by X% against 2021 figures. Over the period under review, exports continue to indicate strong growth. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, turbo-propeller (under X kW) exports soared to $X in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Romania (X units) was the main destination for turbo-propeller (under X kW) exports from Portugal, with a X% share of total exports. Moreover, turbo-propeller (under X kW) exports to Romania exceeded the volume sent to the second major destination, Angola (X units), threefold. The third position in this ranking was taken by Guatemala (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Romania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (X% per year) and Guatemala (X% per year).

In value terms, Romania ($X) emerged as the key foreign market for turbo-propellers of a power not exceeding X kW exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Guatemala ($X), with a X% share of total exports. It was followed by Angola, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Angola (X% per year).

Export Prices by Country

In 2022, the average turbo-propeller (under X kW) export price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price recorded significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Sao Tome and Principe ($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 Cabo Verde (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Imports into Portugal

In 2022, the amount of turbo-propellers of a power not exceeding X kW imported into Portugal totaled X units, flattening at the year before. In general, imports showed resilient growth. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, turbo-propeller (under X kW) imports declined notably to $X in 2022. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Cabo Verde (X units), Belgium (X units) and Angola (X units) were the main suppliers of turbo-propeller (under X kW) imports to Portugal, with a combined X% 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 Belgium (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Cabo Verde ($X) constituted the largest supplier of turbo-propellers of a power not exceeding X kW to Portugal, comprising X% of total imports. The second position in the ranking was taken by Angola ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Cabo Verde totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Angola (X% per year) and Belgium (X% per year).

Import Prices by Country

The average turbo-propeller (under X kW) import price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the import price continues to indicate a sharp setback. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cabo Verde (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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