Earlier Report Observations
The Portuguese brakes and servo-brakes market began a multi-year decline in 2018, with its size valued at 257.7 million USD. That year, the market saw the entry of a new competitor, Autocentro Realce, Lda, which commenced operations in Olhão focusing on the trade and maintenance of vehicle parts, including brake components.
Market volume continued to decrease, reaching a low of 182.5 million USD in 2021 before showing a slight stabilization around 184.7 million USD in 2024. Over this period, domestic production experienced a sharp contraction, falling from 312.5 million USD in 2018 to 80.6 million USD in 2024.
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 and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Portugal
- 5.1.1. In kind, 2018-2024, K unit
- 5.1.2. In value, 2018-2024, M $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K unit
- 5.2.2. In value, 2018-2024, M $ 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, M $ US
- 6.1.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, M $ US
- 6.1.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, M $ 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/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/t
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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, M $ US
- 6.2.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, M $ US
- 6.2.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, M $ 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/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/t
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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, M $ US
- 7.1.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, M $ US
- 7.1.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, M $ 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/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/t
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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, M $ US
- 7.2.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, M $ US
- 7.2.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, M $ 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/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/t
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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, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, M $ 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 brakes and servo-brakes in Portugal
In value, 2018-2021, M $ US
Production of brakes and servo-brakes in Portugal has declined for the third year in a row. In 2021, output was valued at 120.0 million US dollars, marking a sharp 32.6% reduction compared to 2020. Looking at the period from 2018 to 2021, production fell by 61.6%, which translates to an annualized decline rate of 27.3%.
Annual dynamics of production in Portugal in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (11.1%) | (35.9%) | (32.6%) | (27.3%) |
Exports brakes and servo-brakes from Portugal
Exports in kind, t
Exports of brakes and servo-brakes from Portugal have decreased for the third consecutive year. In 2021, exports totaled 16 346 tonnes, reflecting a steep 42.7% drop compared to 2020. Over the 2018-2021 period, exports declined by 71.4%, with a compound annual growth rate (CAGR) of -34.1%.
Annual dynamics of product's exports from Portugal in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (10.9%) | (43.9%) | (42.7%) | (34.1%) |
From 2018 to 2021, France, Spain, and Germany were the core markets for Portugal's exports of brakes and servo-brakes in volume terms. France accounted for 31.2% of exports, Spain for 30.5%, and Germany for 13.6%. Together, these three countries represented 75.4% 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, M $ US
Export revenues from brakes and servo-brakes in Portugal have fallen for the third year running. In 2021, exports were valued at 100.0 million US dollars, which is 34.0% lower than in 2020. Between 2018 and 2021, export value decreased by 65.2%, with a compound annual decline rate of 29.7%.
Annual dynamics of product's exports from Portugal in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (18.1%) | (35.7%) | (34.0%) | (29.7%) |
During 2018-2021, France, Spain, and Germany remained the main buyers of brakes and servo-brakes from Portugal in value terms. France held a 37.6% share of exports, Spain 30.3%, and Germany 11.6%. Collectively, these three markets made up 79.6% 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 brakes and servo-brakes to Portugal
Imports in kind, t
Imports of brakes and servo-brakes into Portugal have declined for the third consecutive year. In 2021, imports stood at 24 248 tonnes, showing a 3.1% reduction compared to 2020. From 2018 to 2021, import volume decreased by 43%, equating to an annualized decline rate of 17.1%.
Annual dynamics of product's imports to Portugal in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (12.0%) | (33.2%) | (3.1%) | (17.1%) |
Throughout 2018-2021, Spain, Germany, and Italy were the key partners for Portugal's imports of brakes and servo-brakes in volume terms. Spain accounted for 27.5% of imports, Germany for 27.4%, and Italy for 8.6%. Together, these three countries represented 63.6% 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, M $ US
Import spending on brakes and servo-brakes in Portugal has decreased for the third year in a row. In 2021, imports totaled 162.4 million US dollars, representing a 5.1% drop compared to 2020. Between 2018 and 2021, import value fell by 30.2%, with an annualized decline rate of 11.3%.
Annual dynamics of product's imports to Portugal in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (12.1%) | (16.4%) | (5.1%) | (11.3%) |
Over the 2018-2021 period, Spain, Germany, and Italy continued to be the leading sources for Portugal's imports of brakes and servo-brakes in value terms. Spain held a 31.9% share, Germany 24.3%, and Italy 13.2%. Combined, these three countries accounted for 69.4% of total import value.
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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