Portugal: Wooden Frame Market 2024

Wooden Frame Market Size in Portugal

The Portuguese wooden frame market surged to $X in 2022, picking up by X% against the previous year. Overall, consumption saw a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Wooden Frame Production in Portugal

In value terms, wooden frame production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a remarkable increase. Wooden frame production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Wooden Frame Exports

Exports from Portugal

In 2022, wooden frame exports from Portugal contracted notably to X units, reducing by X% against the year before. Over the period under review, exports, however, showed a tangible increase. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then contracted markedly in the following year.

In value terms, wooden frame exports dropped sharply to $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then shrank significantly in the following year.

Exports by Country

Spain (X units) was the main destination for wooden frame exports from Portugal, with a X% share of total exports. Moreover, wooden frame exports to Spain exceeded the volume sent to the second major destination, Angola (X units), tenfold. The third position in this ranking was taken by Germany (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (X% per year) and Germany (X% per year).

In value terms, Spain ($X) remains the key foreign market for wooden frames for paintings, photographs, mirrors or similar objects exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Angola ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average wooden frame export price amounted to $X per unit, which is down by X% against the previous year. Overall, the export price saw a pronounced decrease. The pace of growth was the most pronounced in 2013 an increase of X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Frame Imports

Imports into Portugal

In 2022, the amount of wooden frames for paintings, photographs, mirrors or similar objects imported into Portugal skyrocketed to X units, increasing by X% on 2021. Overall, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wooden frame imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Spain (X units) constituted the largest supplier of wooden frame to Portugal, accounting for a X% share of total imports. Moreover, wooden frame imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), threefold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and China (X% per year).

In value terms, the largest wooden frame suppliers to Portugal were Spain ($X), the Netherlands ($X) and China ($X), together comprising X% of total imports.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wooden frame import price amounted to $X per unit, reducing by X% against the previous year. Overall, the import price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Germany ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :