Portugal - Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Lighting Equipment for Motor Vehicles in Portugal - 2023
Contents:
- Price for Lighting Equipment for Motor Vehicles in Portugal (CIF) - 2022
- Price for Lighting Equipment for Motor Vehicles in Portugal (FOB) - 2022
- Imports of Lighting Equipment for Motor Vehicles in Portugal
- Exports of Lighting Equipment for Motor Vehicles in Portugal
Price for Lighting Equipment for Motor Vehicles in Portugal (CIF) - 2022
The average import price for electrical lighting or visual signaling equipment for motor vehicles and cycles stood at $6.6 per unit in 2022, with a decrease of -28.8% against the previous year. Over the period under review, the import price saw a deep slump. The pace of growth appeared the most rapid in 2015 an increase of 11%. Over the period under review, average import prices hit record highs at $18 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
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 Morocco ($6.9 per unit), while the price for France ($4.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.1%), while the prices for the other major suppliers experienced a decline.
Price for Lighting Equipment for Motor Vehicles in Portugal (FOB) - 2022
In 2022, the average export price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $5.3 per unit, falling by -21.5% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The growth pace was the most rapid in 2015 when the average export price increased by 48%. Over the period under review, the average export prices attained the maximum at $12 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($5.3 per unit) and Austria ($5.3 per unit), while the average price for exports to France ($5.1 per unit) and Italy ($5.3 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-3.2%), while the prices for the other major destinations experienced a decline.
Imports of Lighting Equipment for Motor Vehicles in Portugal
For the fourth year in a row, Portugal recorded growth in purchases abroad of electrical lighting or visual signaling equipment for motor vehicles and cycles, which increased by 44% to 21M units in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, lighting equipment for motor vehicles imports rose to $139M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Imports peaked at $141M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Lighting Equipment for Motor Vehicles in Portugal (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 74.1 | 57.9 | 65.7 | 69.4 | -2.2% |
Germany | 23.0 | 18.1 | 19.3 | 21.3 | -2.5% |
Morocco | 6.6 | 5.6 | 5.9 | 19.5 | 43.5% |
France | 5.4 | 8.7 | 11.4 | 5.4 | 0.0% |
Belgium | 15.2 | 11.3 | 13.5 | 4.2 | -34.9% |
Japan | 1.5 | 0.9 | 1.8 | 3.8 | 36.3% |
Taiwan (Chinese) | 0.7 | 0.9 | 2.9 | 3.0 | 62.4% |
Others | 14.3 | 13.3 | 15.0 | 12.8 | -3.6% |
Total | 141 | 117 | 136 | 139 | -0.5% |
Top Suppliers of Lighting Equipment for Motor Vehicles to Portugal in 2022:
- Spain (10.1M units)
- Germany (3.3M units)
- Morocco (2.8M units)
- France (1.3M units)
- Belgium (0.6M units)
- Japan (0.6M units)
- Taiwan (Chinese) (0.5M units)
Exports of Lighting Equipment for Motor Vehicles in Portugal
For the fourth consecutive year, Portugal recorded growth in overseas shipments of electrical lighting or visual signaling equipment for motor vehicles and cycles, which increased by 17% to 16M units in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.0% 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 +77.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, lighting equipment for motor vehicles exports dropped to $83M in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 20%. As a result, the exports reached the peak of $90M, and then contracted in the following year.
Export of Lighting Equipment for Motor Vehicles in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 33.9 | 35.4 | 50.6 | 42.1 | 7.5% |
Spain | 16.2 | 15.5 | 14.9 | 19.0 | 5.5% |
Germany | 4.5 | 4.3 | 6.1 | 5.4 | 6.3% |
France | 2.3 | 2.5 | 2.8 | 3.2 | 11.6% |
Hungary | 1.4 | 2.2 | 2.4 | 2.4 | 19.7% |
United States | 1.5 | 2.4 | 2.4 | 2.3 | 15.3% |
Poland | 1.5 | 2.2 | 3.0 | 1.7 | 4.3% |
United Kingdom | 5.6 | 3.6 | 0.5 | 0.3 | -62.3% |
Others | 9.2 | 7.2 | 7.7 | 6.9 | -9.1% |
Total | 76.2 | 75.2 | 90.4 | 83.4 | 3.1% |
Top Export Markets for Lighting Equipment for Motor Vehicles from Portugal in 2022:
- Austria (8.0M units)
- Spain (3.6M units)
- Germany (1.0M units)
- France (0.6M units)
- Hungary (0.5M units)
- United States (0.4M units)
- Poland (0.3M units)
- United Kingdom (0.1M units)
This report provides an in-depth analysis of the market for lighting equipment for motor vehicles 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 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
- Prodcom 29312310 - Electrical or battery operated lighting or visual signalling of a kind used on bicycles
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
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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
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Explore the world's top import markets for lighting equipment for motor vehicles in 2023. Learn about the key countries driving the global trade of automotive lighting components.
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
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Discover the top import markets for automotive lighting in 2023, including the United States, Germany, China, and more. Explore key statistics and import values in the automotive industry.
Explore the world's top import markets for lighting equipment for motor vehicles in 2023. Learn about the key countries driving the global trade of automotive lighting components.
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Discover the top import markets for automotive lighting in 2023, including the United States, Germany, China, and more. Explore key statistics and import values in the automotive industry.