Earlier Report Observations
From 2018 to 2022, the Portuguese market for base metal hat-racks and brackets showed contrasting trends between physical volume and monetary value. In physical terms, market volume measured in tonnes fluctuated, starting at 1 353 t in 2018, dipping slightly to 1 334 t in 2019, then rising to 1 537 t in 2021 before a significant contraction to 1 042 t in 2022.
In monetary value, however, the market demonstrated strong growth after an initial setback. The market value fell to 4 504 thousand USD in 2019 from 6 079 thousand USD in 2018. It then rebounded sharply, reaching 7 063 thousand USD in 2021 and climbing further to 8 613 thousand USD in 2022. This divergence suggests a market moving toward higher-value products or experiencing considerable price increases, especially notable in 2022 when volume dropped by a third but value grew by over 20%.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators
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4.1. In kind
- 4.1.1. Production, 2018-2019, 2021-2022
- 4.1.2. Imports, 2018-2025
- 4.1.3. Exports, 2018-2025
- 4.1.4. Market size, 2018-2019, 2021-2022
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4.2. In value
- 4.2.1. Production, 2018-2019, 2021-2022
- 4.2.2. Imports, 2018-2025
- 4.2.3. Exports, 2018-2025
- 4.2.4. Market size, 2018-2019, 2021-2022
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4.1. In kind
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5. Production
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5.1. Production in Portugal
- 5.1.1. In kind, 2018-2019, 2021-2022, t
- 5.1.2. In value, 2018-2019, 2021-2022, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Portugal
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Portugal in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's exports in kind from Portugal by countries, 2018-2025, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Portugal in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's exports in kind from Portugal by countries, 2018-2025, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/kg
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Portugal in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's imports in kind to Portugal by countries, 2018-2025, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Portugal in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's imports in kind to Portugal by countries, 2018-2025, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/kg
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production brackets and hat-racks in Portugal
In value, 2018-2021, K $ US
In 2021, Portugal's production of brackets and hat-racks was valued at 655.5 K $ US, marking a 15.3% decrease compared to the previous year. Over the period from 2018 to 2021, production grew by 5.8%, which translates to an average annual growth rate of 1.9%.
Annual dynamics of production in Portugal in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (15.3%) | n/a | n/a | 1.9% |
In kind, 2018-2021, t
Market performance showed significant fluctuations during this period. The lowest production volume was recorded in 2019, while the highest was in 2021, with a 10.9-fold difference between these two years. In 2021, Portugal produced 568.6 t of brackets and hat-racks, representing a substantial drop of 11.6% from 2020.
Annual dynamics of production in Portugal in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (11.6%) | n/a | n/a | 112.7% |
Exports brackets and hat-racks from Portugal
Exports in kind, t
Portugal's export volume of brackets and hat-racks declined for the second consecutive year. In 2021, exports totaled 46 t, which is 1.7% lower than in 2020. Between 2018 and 2021, exports decreased by 11.3%, corresponding to an average annual decline of 3.9%. The highest export volume was recorded in 2019 at 56 t. The largest decline occurred in 2020, with a drop of 15.5%, while the largest increase was in 2019, with a rise of 6.8%.
Annual dynamics of product's exports from Portugal in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.8% | (15.5%) | (1.7%) | (3.9%) |
From 2018 to 2021, Spain, Angola, and Germany were the key partners for Portugal's exports in kind. Spain accounted for 50.0% of exports, Angola for 16.1%, and Germany for 7.0%. Together, these three countries represented 73.1% of total export flows.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Portugal in kind, 2018-2021
Exports in value, K $ US
Portugal's export value of brackets and hat-racks increased for the third consecutive year. In 2021, exports reached 1 098 K $ US, showing a notable rise of 11.8% compared to 2020. Over the 2018-2021 period, exports grew by 35%, with a compound annual growth rate of 10.5%.
Annual dynamics of product's exports from Portugal in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 17.2% | 3.0% | 11.8% | 10.5% |
Between 2018 and 2021, Spain, Germany, and Switzerland were the primary buyers of brackets and hat-racks from Portugal in value terms. Spain accounted for 55.2% of exports, Germany for 10.7%, and Switzerland for 9.0%. Collectively, these three countries made up 74.9% of total export value.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Portugal in value, 2018-2021
Imports brackets and hat-racks to Portugal
Imports in kind, t
Portugal's import volume of brackets and hat-racks declined for the third consecutive year. In 2021, imports amounted to 1 014 t, reflecting a 20.2% decrease from 2020. From 2018 to 2021, imports fell by 24.6%, equating to an average annual decline of 9.0%.
Annual dynamics of product's imports to Portugal in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.6%) | (5.0%) | (20.2%) | (9.0%) |
Throughout 2018-2021, Spain, Germany, and France were the key partners for Portugal's imports in kind. Spain accounted for 43.2% of imports, Germany for 27.9%, and France for 7.3%. Together, these three countries represented 78.4% of total import flows.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Portugal in kind, 2018-2021
Imports in value, K $ US
Portugal's import value of brackets and hat-racks increased for the second consecutive year. In 2021, imports reached 7 505 K $ US, which is 20.3% higher than in 2020. Between 2018 and 2021, imports grew by 19.6%, corresponding to an average annual growth rate of 6.2%. The lowest import value was recorded in 2019 at 4 933 K $ US. The largest decline occurred in 2019, with a drop of 21.4%, while the largest increase was in 2020, with a rise of 26.5%.
Annual dynamics of product's imports to Portugal in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (21.4%) | 26.5% | 20.3% | 6.2% |
From 2018 to 2021, Spain, Germany, and the Netherlands were the main sources of imports in value terms for Portugal. Spain accounted for 43.2% of imports, Germany for 20.2%, and the Netherlands for 9.5%. Together, these three countries absorbed 73.0% of total import value for brackets and hat-racks.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Portugal in value, 2018-2021
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