Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Portugal - 2024
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Portugal (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Portugal (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Portugal
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Portugal
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Portugal (CIF) - 2022
In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $89 per thousand units, which is down by -4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 13% against the previous year. The import price peaked at $93 per thousand units in 2021, and then shrank slightly in the following year.
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 Germany ($111 per thousand units), while the price for Poland ($37 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Portugal (FOB) - 2022
In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $65 per thousand units, which is down by -2.9% against the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment increased by +59.8% against 2016 indices. The growth pace was the most rapid in 2014 when the average export price increased by 22%. Over the period under review, the average export prices reached the peak figure at $67 per thousand units in 2021, and then dropped modestly in the following year.
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 ($101 per thousand units), while the average price for exports to Costa Rica ($13 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Portugal
In 2022, approx. 2B units of electrical circuit prefabricated elements, connectors, contact elements and other equipment were imported into Portugal; increasing by 16% against the year before. The total import volume increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 17%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment expanded significantly to $174M in 2022. The total import value increased at an average annual rate of +12.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 53.3 | 54.1 | 63.9 | 67.4 | 8.1% |
| Spain | 25.2 | 21.8 | 27.5 | 32.6 | 9.0% |
| China | 8.6 | 11.1 | 14.1 | 14.9 | 20.1% |
| France | 5.7 | 6.3 | 9.4 | 10.3 | 21.8% |
| Netherlands | 4.8 | 4.9 | 5.9 | 6.7 | 11.8% |
| Italy | 3.8 | 3.7 | 4.4 | 4.4 | 5.0% |
| Poland | 2.2 | 2.8 | 3.0 | 3.3 | 14.5% |
| Others | 18.2 | 21.9 | 28.2 | 34.6 | 23.9% |
| Total | 122 | 127 | 156 | 174 | 12.6% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Portugal in 2022:
- Germany (605.3M units)
- Spain (514.3M units)
- China (176.1M units)
- Netherlands (101.5M units)
- France (92.4M units)
- Poland (89.6M units)
- Italy (60.3M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Portugal
In 2022, the amount of electrical circuit prefabricated elements, connectors, contact elements and other equipment exported from Portugal rose sharply to 1.3B units, growing by 11% compared with the previous year. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 45%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment reached $84M in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 66% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 8.5 | 18.7 | 40.8 | 36.1 | 61.9% |
| Spain | 2.5 | 3.2 | 8.5 | 18.3 | 94.2% |
| Belgium | 10.5 | 4.9 | 4.9 | 4.4 | -25.2% |
| Angola | 4.9 | 3.5 | 4.6 | 4.1 | -5.8% |
| United Kingdom | 0.4 | 0.4 | 1.8 | 3.8 | 111.8% |
| United States | 0.3 | 1.0 | 2.3 | 3.1 | 117.8% |
| Germany | 2.5 | 2.0 | 1.9 | 2.3 | -2.7% |
| Romania | 2.2 | 2.4 | 1.6 | 1.9 | -4.8% |
| Mozambique | 1.8 | 1.6 | 1.3 | 1.3 | -10.3% |
| Senegal | 0.5 | 0.3 | 0.4 | 0.8 | 17.0% |
| Costa Rica | N/A | N/A | 0.1 | 0.7 | 600.0% |
| Morocco | 0.9 | 0.6 | 0.9 | 0.7 | -8.0% |
| Poland | 0.1 | 4.4 | 3.1 | 0.6 | 81.7% |
| Others | 6.7 | 4.1 | 6.2 | 5.9 | -4.1% |
| Total | 41.8 | 47.0 | 78.1 | 83.9 | 26.1% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Portugal in 2022:
- France (394.4M units)
- Spain (281.8M units)
- Angola (121.5M units)
- Belgium (58.6M units)
- Costa Rica (55.2M units)
- United Kingdom (55.0M units)
- Mozambique (40.7M units)
- Germany (40.5M units)
- United States (38.5M units)
- Senegal (38.4M units)
- Morocco (21.7M units)
- Romania (18.8M units)
- Poland (6.9M units)
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