Portugal: Market for Vacuum Cleaners With Motor 2025

Market Size for Vacuum Cleaners With Motor in Portugal

The Portuguese vacuum cleaner with motor market surged to $X in 2021, with an increase of 48% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Vacuum Cleaners With Motor

Exports from Portugal

In 2021, the amount of vacuum cleaners with motor exported from Portugal skyrocketed to X tons, picking up by 28% compared with 2020 figures. Overall, exports posted resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 41% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, vacuum cleaner with motor exports soared to $X in 2021. In general, total exports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +127.3% against 2017 indices. The pace of growth was the most pronounced in 2018 when exports increased by 55%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Spain (X tons), Germany (X tons) and France (X tons) were the main destinations of vacuum cleaner with motor exports from Portugal, with a combined 86% share of total exports. These countries were followed by Angola, Romania, Poland and Belgium, which together accounted for a further 7.3%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +49.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vacuum cleaner with motor exported from Portugal were Germany ($X), Spain ($X) and France ($X), together accounting for 86% of total exports. These countries were followed by Angola, Poland, Romania and Belgium, which together accounted for a further 5.3%.

Among the main countries of destination, Poland, with a CAGR of +50.4%, 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 vacuum cleaner with motor export price stood at $X per ton in 2021, with an increase of 3% against the previous year. In general, the export price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 43%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Romania ($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 Romania (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Cleaners With Motor

Imports into Portugal

After two years of decline, overseas purchases of vacuum cleaners with motor increased by 34% to X tons in 2021. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 37%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, vacuum cleaner with motor imports surged to $X in 2021. In general, imports showed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of vacuum cleaner with motor to Portugal, accounting for a 52% share of total imports. Moreover, vacuum cleaner with motor imports from Spain exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.7% per year) and Germany (+17.0% per year).

In value terms, Spain ($X) constituted the largest supplier of vacuum cleaners with motor to Portugal, comprising 59% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+26.1% per year) and China (+20.1% per year).

Import Prices by Country

The average vacuum cleaner with motor import price stood at $X per ton in 2021, rising by 11% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, vacuum cleaner with motor import price increased by +59.2% against 2015 indices. The pace of growth was the most pronounced in 2020 an increase of 21% against the previous year. The import price peaked in 2021 and is likely to continue growth in years to come.

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 the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :