Price for Navigational Instruments and Appliances; Parts and Accessories in Portugal - 2023
Contents:
- Price for Navigational Instruments and Appliances; Parts and Accessories in Portugal (CIF) - 2022
- Price for Navigational Instruments and Appliances; Parts and Accessories in Portugal (FOB) - 2022
- Imports of Navigational Instruments and Appliances; Parts and Accessories in Portugal
- Exports of Navigational Instruments and Appliances; Parts and Accessories in Portugal
Price for Navigational Instruments and Appliances; Parts and Accessories in Portugal (CIF) - 2022
In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $133,827 per ton, picking up by 5.3% against the previous year. Overall, the import price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2019 when the average import price increased by 45%. The import price peaked at $314,902 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,544,862 per ton), while the price for Italy ($28,489 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Navigational Instruments and Appliances; Parts and Accessories in Portugal (FOB) - 2022
The average export price for navigational instruments and appliances; parts and accessorieses stood at $421,958 per ton in 2022, increasing by 512% against the previous year. Overall, the export price showed a resilient expansion. Over the period under review, the average export prices hit record highs at $424,710 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
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 the United States ($649,273 per ton), while the average price for exports to Angola ($99,042 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 France (+50.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Navigational Instruments and Appliances; Parts and Accessories in Portugal
In 2022, the amount of navigational instruments and appliances; parts and accessorieses imported into Portugal reduced rapidly to 9.6 tons, declining by -28.2% against the year before. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. As a result, imports reached the peak of 13 tons, and then shrank dramatically in the following year.
In value terms, imports of navigational instruments and appliances; parts and accessorieses declined rapidly to $1.3M in 2022. Overall, imports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 115% against the previous year.
| Import of Navigational Instruments and Appliances; Parts and Accessories in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 250 | 266 | 563 | 643 | 37.0% |
| United States | 714 | 53.4 | 385 | 269 | -27.8% |
| Spain | 783 | 270 | 179 | 163 | -40.7% |
| France | 412 | 68.0 | 62.4 | 58.6 | -47.8% |
| Japan | 35.0 | 38.8 | 25.9 | 47.4 | 10.6% |
| Italy | 20.7 | 14.3 | 43.0 | 6.3 | -32.7% |
| Germany | 171 | 10.7 | 58.2 | 5.3 | -68.6% |
| United Kingdom | 95.5 | 24.0 | 231 | 5.1 | -62.3% |
| Others | 103 | 44.8 | 148 | 84.3 | -6.5% |
| Total | 2,585 | 790 | 1,695 | 1,282 | -20.8% |
Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Portugal in 2022:
- Netherlands (4.2 tons)
- Spain (4.1 tons)
- Japan (0.4 tons)
- United States (0.2 tons)
- Italy (0.2 tons)
- France (0.2 tons)
Exports of Navigational Instruments and Appliances; Parts and Accessories in Portugal
In 2022, after three years of growth, there was significant decline in overseas shipments of navigational instruments and appliances; parts and accessorieses, when their volume decreased by -68.8% to 897 kg. Overall, exports recorded a mild decrease. The pace of growth appeared the most rapid in 2021 with an increase of 91% against the previous year. As a result, the exports reached the peak of 2.9 tons, and then reduced notably in the following year.
In value terms, exports of navigational instruments and appliances; parts and accessorieses soared to $378K in 2022. Over the period under review, exports, however, enjoyed significant growth.
| Export of Navigational Instruments and Appliances; Parts and Accessories in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 2.9 | 61.1 | 233 | 796.4% |
| Brazil | 6.2 | N/A | 0.4 | 14.8 | 33.6% |
| Angola | 33.9 | 2.1 | 0.1 | 14.3 | -25.0% |
| South Africa | 0.4 | 7.6 | N/A | 13.6 | 224.0% |
| France | 43.9 | 155 | 0.3 | 13.2 | -33.0% |
| Switzerland | 0.1 | 1.0 | 0.4 | 7.9 | 329.1% |
| Mozambique | 1.9 | N/A | 0.1 | 7.6 | 58.7% |
| Sweden | 2.9 | 9.4 | 4.1 | 7.3 | 36.0% |
| Norway | 3.6 | 15.0 | 5.3 | 6.4 | 21.1% |
| Spain | 31.0 | 98.3 | 8.4 | 2.8 | -55.1% |
| Ireland | 13.3 | 21.1 | N/A | N/A | 58.6% |
| Belgium | 4.5 | 1.9 | 8.1 | N/A | 34.2% |
| Malta | N/A | N/A | 0.8 | N/A | 0% |
| Others | 70.1 | 78.3 | 109 | 58.1 | -6.1% |
| Total | 212 | 392 | 198 | 378 | 21.3% |
Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Portugal in 2022:
- United Kingdom (442.0 kg)
- Angola (144.0 kg)
- Brazil (41.0 kg)
- France (37.0 kg)
- Mozambique (36.0 kg)
- South Africa (29.0 kg)
- Norway (26.0 kg)
- Sweden (25.0 kg)
- Switzerland (23.0 kg)
- Spain (10.0 kg)
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