Portugal - Interchangeable Spanner Sockets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInterchangeable Spanner Socket Price in Portugal - 2023
Contents:
- Interchangeable Spanner Socket Price in Portugal (CIF) - 2023
- Interchangeable Spanner Socket Price in Portugal (FOB) - 2022
- Interchangeable Spanner Socket Imports in Portugal
- Interchangeable Spanner Socket Exports in Portugal
Interchangeable Spanner Socket Price in Portugal (CIF) - 2023
In June 2023, the average interchangeable spanner socket import price amounted to $12,002 per ton, which is down by -24.8% against the previous month. Over the period under review, import price indicated notable growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, interchangeable spanner socket import price decreased by -27.4% against April 2023 indices. The pace of growth was the most pronounced in April 2023 when the average import price increased by 51% month-to-month. As a result, import price attained the peak level of $16,523 per ton. From May 2023 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($28,116 per ton), while the price for Germany ($8,325 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Interchangeable Spanner Socket Price in Portugal (FOB) - 2022
The average interchangeable spanner socket export price stood at $11,317 per ton in 2022, shrinking by -26.4% against the previous year. Over the period under review, the export price showed a mild setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 43% against the previous year. As a result, the export price reached the peak level of $15,385 per ton, and then shrank significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mali ($27,807 per ton), while the average price for exports to Andorra ($1,488 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.
Interchangeable Spanner Socket Imports in Portugal
In 2022, imports of interchangeable spanner sockets into Portugal skyrocketed to 440 tons, rising by 38% compared with the previous year. Overall, imports, however, recorded a mild decline.
In value terms, interchangeable spanner socket imports soared to $4.7M in 2022. In general, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
Import of Interchangeable Spanner Socket in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,356 | 542 | 768 | 1,330 | -0.6% |
Netherlands | 361 | 366 | 428 | 665 | 22.6% |
France | 615 | 486 | 536 | 566 | -2.7% |
China | 162 | 169 | 244 | 566 | 51.7% |
Spain | 610 | 494 | 592 | 527 | -4.8% |
Italy | 495 | 424 | 600 | 482 | -0.9% |
Taiwan (Chinese) | 311 | 222 | 420 | 348 | 3.8% |
Others | 258 | 255 | 279 | 251 | -0.9% |
Total | 4,169 | 2,957 | 3,868 | 4,736 | 4.3% |
Top Suppliers of Interchangeable Spanner Socket to Portugal in 2022:
- Germany (165.3 tons)
- China (79.4 tons)
- Netherlands (62.1 tons)
- France (36.0 tons)
- Spain (33.9 tons)
- Taiwan (Chinese) (25.7 tons)
- Italy (14.8 tons)
Interchangeable Spanner Socket Exports in Portugal
In 2022, the amount of interchangeable spanner sockets exported from Portugal expanded slightly to 50 tons, surging by 4.8% compared with the year before. In general, exports, however, recorded a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 13% against the previous year.
In value terms, interchangeable spanner socket exports shrank rapidly to $570K in 2022. Overall, exports, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 62%. As a result, the exports reached the peak of $740K, and then shrank markedly in the following year.
Export of Interchangeable Spanner Socket in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Angola | 272 | 91.6 | 305 | 209 | -8.4% |
Spain | 208 | 206 | 178 | 151 | -10.1% |
France | 20.9 | 17.7 | 37.7 | 29.0 | 11.5% |
Italy | 15.0 | 13.3 | 19.3 | 21.5 | 12.7% |
Mali | N/A | 0.3 | N/A | 21.3 | 742.6% |
Mozambique | 49.6 | 7.5 | 27.1 | 14.6 | -33.5% |
Malta | 0.4 | 6.3 | 7.6 | 12.8 | 217.5% |
Cabo Verde | 9.8 | 9.9 | 13.6 | 12.5 | 8.4% |
Chile | N/A | 0.9 | N/A | 9.3 | 221.5% |
Mexico | 0.1 | 7.1 | 20.7 | 9.0 | 348.1% |
Andorra | N/A | N/A | N/A | 1.5 | 0% |
Others | 73.7 | 97.5 | 130 | 79.6 | 2.6% |
Total | 650 | 458 | 740 | 570 | -4.3% |
Top Export Markets for Interchangeable Spanner Socket from Portugal in 2022:
- Angola (19.5 tons)
- Spain (11.3 tons)
- Chile (3.2 tons)
- Malta (2.1 tons)
- France (1.9 tons)
- Italy (1.9 tons)
- Mexico (1.2 tons)
- Andorra (1.0 tons)
- Mali (0.8 tons)
- Cabo Verde (0.8 tons)
- Mozambique (0.8 tons)
This report provides an in-depth analysis of the interchangeable spanner socket market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25733037 - Interchangeable spanner sockets
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the interchangeable spanner socket market in Portugal.
This report provides an in-depth analysis of the hand tools market in Portugal.
This report provides an in-depth analysis of the manifold business form market in Portugal.
This report provides an in-depth analysis of the global interchangeable spanner socket market.
This report provides an in-depth analysis of the global hand tools market.
This report provides an in-depth analysis of the global manifold business form market.
This report provides an in-depth analysis of the interchangeable spanner socket market in Portugal.
This report provides an in-depth analysis of the global interchangeable spanner socket market.
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