Earlier Report Observations
From 2018 to 2019, the market volume for base metal castors with mountings in Portugal increased from 828 t to 1299 t, while the market value rose from 6.4 million USD to 7.3 million USD. This growth was primarily driven by higher imports. In 2020, the COVID-19 pandemic disrupted supply chains and caused raw material shortages and price increases, leading to a contraction in market volume to 936 t and a value of 6.5 million USD.
After 2020, import volumes remained elevated, peaking at 1109 t in 2024, while exports stayed below pre-pandemic levels. The metalworking sector entered a gradual recovery phase, focusing on technological innovation and decarbonization, which supported sustained domestic demand for castors.
By 2025, the industry faced new European regulations such as the Construction Products Regulation, affecting metal materials for construction, and growing demand for metals from the electric vehicle market. However, structural disadvantages like high energy costs in Portugal continued to pose challenges for the sector's competitiveness.
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, 2018-2020
- 4.1.2. Imports, 2018-2025
- 4.1.3. Exports, 2018-2025
- 4.1.4. Market size, 2018-2020
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4.2. In value
- 4.2.1. Production, 2018-2020
- 4.2.2. Imports, 2018-2025
- 4.2.3. Exports, 2018-2025
- 4.2.4. Market size, 2018-2020
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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, 2018-2020, t
- 5.1.2. In value, 2018-2020, 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/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, 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/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, 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/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, 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/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, 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 castors with mountings in Portugal
In value, 2018-2021, K $ US
Portugal's production of castors with mountings declined for the second consecutive year. In 2020, output was valued at 6 710 K $ US, down 8.0% from the previous year. Between 2018 and 2020, production decreased by 12%, with a compound annual growth rate of 4.2%.
Annual dynamics of production in Portugal in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (4.4%) | (8.0%) | n/a | - |
In kind, 2018-2021, t
Castors with mountings production in Portugal declined for the second year in a row. In 2020, Portugal produced 1 119 t of castors with mountings, marking a moderate 9.0% decrease year-over-year. From 2018 to 2020, production fell by 10%, equating to an annualized rate of 3.5%.
Annual dynamics of production in Portugal in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.2%) | (9.0%) | n/a | - |
Exports castors with mountings from Portugal
Exports in kind, t
In 2021, Portugal's exports of castors with mountings amounted to 579 t, representing an abrupt 32.4% decrease compared to 2020. Between 2018 and 2021, exports declined by 42.5%, with an annualized rate of 16.8%. The largest decrease occurred in 2019 at 35.8%, while the largest increase was in 2020 at 32.5%.
Annual dynamics of product's exports from Portugal in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (35.8%) | 32.5% | (32.4%) | (16.8%) |
From 2018 to 2021, Spain, France, and Italy were the principal destinations for Portugal's exports of castors with mountings in kind. Spain accounted for 57.8% of exports, France for 21.8%, and Italy for 9.7%, together making up 89.3% of total 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
In 2021, Portugal's export value of castors with mountings was 3 404 K $ US, showing a strong 17.2% decrease from 2020. Over the period 2018-2021, exports fell by 24.3%, with a compound annual growth rate of 8.8%. The largest decline was in 2019 at 22.5%, and the largest increase was in 2020 at 18.0%.
Annual dynamics of product's exports from Portugal in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (22.5%) | 18.0% | (17.2%) | (8.8%) |
Between 2018 and 2021, Spain and France together accounted for 82.4% of Portugal's total export value of castors with mountings, with other countries forming a diversified but less significant portion.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Portugal in value, 2018-2021
Imports castors with mountings to Portugal
Imports in kind, t
In 2021, Portugal imported 988 t of castors with mountings, a dramatic 46.7% increase compared to 2020. From 2018 to 2021, imports rose by 67.3%, with a compound annual growth rate of 18.7%. The largest decline was recorded in 2020 at 6.0%.
Annual dynamics of product's imports to Portugal in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 21.2% | (6.0%) | 46.7% | 18.7% |
Throughout 2018-2021, Spain, China, and the Netherlands were the leading sources for Portugal's imports of castors with mountings in kind. Spain contributed 29.5% of imports, China 27.5%, and the Netherlands 14.7%, jointly accounting for 71.7% of total 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 imports of castors with mountings increased for the third consecutive year. In 2021, imports totaled 5 436 K $ US, up 37.8% from 2020. Between 2018 and 2021, imports grew by 65.8%, equating to an annualized rate of 18.4%.
Annual dynamics of product's imports to Portugal in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.2% | 13.2% | 37.8% | 18.4% |
Over 2018-2021, Spain, China, and France consistently held leading positions in Portugal's import value structure for castors with mountings. Spain accounted for 38.6% of imports, China for 16.0%, and France for 12.8%, together making up 67.4% of total flows.
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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