Portugal - Compressors For Refrigeration Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefrigerator Compressor Price in Portugal - 2023
Contents:
- Refrigerator Compressor Price in Portugal (CIF) - 2023
- Refrigerator Compressor Price in Portugal (FOB) - 2023
- Refrigerator Compressor Imports in Portugal
- Refrigerator Compressor Exports in Portugal
Refrigerator Compressor Price in Portugal (CIF) - 2023
The average refrigerator compressor import price stood at $164 per unit in July 2023, therefore, remained relatively stable against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 41% m-o-m. The import price peaked at $194 per unit in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($267 per unit), while the price for France ($89.6 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Refrigerator Compressor Price in Portugal (FOB) - 2023
In July 2023, the average refrigerator compressor export price amounted to $373 per unit, surging by 20% against the previous month. Overall, export price indicated a tangible increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, refrigerator compressor export price decreased by -7.3% against May 2023 indices. The export price peaked at $402 per unit in May 2023; however, from June 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was China ($513 per unit), while the average price for exports to Spain ($67.7 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Refrigerator Compressor Imports in Portugal
In 2022, refrigerator compressor imports into Portugal totaled 697K units, standing approx. at 2021. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. Imports peaked at 699K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, refrigerator compressor imports contracted modestly to $48M in 2022. In general, imports, however, showed a perceptible slump. The growth pace was the most rapid in 2021 when imports increased by 14%. Imports peaked at $55M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Refrigerator Compressor in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 14.3 | 12.4 | 17.9 | 15.9 | 3.6% |
China | 2.8 | 4.6 | 5.1 | 7.9 | 41.3% |
Italy | 5.5 | 5.4 | 7.5 | 7.4 | 10.4% |
Spain | 6.7 | 6.2 | 8.0 | 6.7 | 0.0% |
Germany | 7.1 | 9.1 | 4.7 | 4.6 | -13.5% |
Poland | 3.5 | 2.1 | 1.0 | 0.9 | -36.4% |
Japan | 10.3 | 0.3 | 0.6 | 0.7 | -59.2% |
Others | 4.6 | 2.6 | 3.8 | 3.9 | -5.4% |
Total | 54.9 | 42.7 | 48.6 | 48.0 | -4.4% |
Top Suppliers of Refrigerator Compressor to Portugal in 2022:
- Netherlands (221.1K units)
- China (209.7K units)
- Italy (91.0K units)
- Germany (71.1K units)
- Spain (51.6K units)
- Poland (10.9K units)
- Japan (8.4K units)
Refrigerator Compressor Exports in Portugal
Refrigerator compressor exports from Portugal soared to 268K units in 2022, surging by 17% against the previous year's figure. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 574%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, refrigerator compressor exports skyrocketed to $37M in 2022. In general, exports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 219% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Refrigerator Compressor in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.6 | 1.2 | 4.2 | 19.5 | 219.1% |
United Kingdom | N/A | N/A | 12.3 | 9.4 | -23.6% |
Germany | 1.6 | 1.7 | 2.2 | 2.3 | 12.9% |
Algeria | N/A | 0.3 | N/A | 0.5 | 29.1% |
Spain | 1.1 | 1.6 | 0.6 | 0.3 | -35.2% |
Tunisia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 3.2 | 2.8 | 5.0 | 5.1 | 16.8% |
Total | 6.5 | 7.7 | 24.4 | 37.2 | 78.9% |
Top Export Markets for Refrigerator Compressor from Portugal in 2022:
- United Kingdom (130.0K units)
- United States (106.9K units)
- Algeria (10.5K units)
- Germany (3.4K units)
- Tunisia (1.9K units)
- Spain (1.8K units)
This report provides an in-depth analysis of the refrigerator compressor 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 28132300 - Compressors for refrigeration equipment
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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