Market research

Electrical inductors market in Portugal

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market for electrical inductors in Portugal fluctuated between 2018 and 2023, starting at 46.2 million USD in 2018. That year saw a 30% surge in electric vehicle sales, boosting demand for electronic components like inductors. However, the market contracted to 40.4 million USD in 2019 before a partial recovery to 43 million USD in 2020.

A sharp expansion to 55.8 million USD occurred in 2021. In 2022, the market dipped to 51.4 million USD amid global supply chain disruptions that constrained new vehicle availability and related component demand. It rebounded to 56.3 million USD in 2023, driven by record electric car sales capturing a 32.6% market share in July, supported by government zero-emission vehicle incentives and the entry of over 40 brands offering electric models, which increased inductor demand.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In value
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Portugal
  1. 5.1.1. In kind, 2018-2023, unit
  2. 5.1.2. In value, 2018-2023, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, unit
  2. 5.2.2. In value, 2018-2024, K $ US
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K unit
    1. 6.1.2.1. Annual dynamics of product's exports from Portugal in kind, 2018-2025, K unit
    2. 6.1.2.2. Dynamics of product's exports in kind from Portugal by countries, 2018-2025, K unit
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/unit
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/unit
    2. 6.1.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/unit
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K unit
    1. 6.2.2.1. Annual dynamics of product's exports from Portugal in kind, 2018-2025, K unit
    2. 6.2.2.2. Dynamics of product's exports in kind from Portugal by countries, 2018-2025, K unit
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/unit
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/unit
    2. 6.2.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/unit
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K unit
    1. 7.1.2.1. Annual dynamics of product's imports to Portugal in kind, 2018-2025, K unit
    2. 7.1.2.2. Dynamics of product's imports in kind to Portugal by countries, 2018-2025, K unit
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/unit
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/unit
    2. 7.1.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/unit
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K unit
    1. 7.2.2.1. Annual dynamics of product's imports to Portugal in kind, 2018-2025, K unit
    2. 7.2.2.2. Dynamics of product's imports in kind to Portugal by countries, 2018-2025, K unit
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/unit
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/unit
    2. 7.2.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/unit
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K unit
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K unit
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production electrical inductors in Portugal

In value, 2018-2021, K $ US

Portugal's electrical inductors production experienced a two-year decline before rebounding. In 2021, output reached 989 K $ US, marking a significant 21.0% increase from 2020. However, looking at the broader period from 2018 to 2021, production fell by 56.3%, which translates to an average annual decline of 24.1%. The lowest point was in 2020, with production valued at 818 K $ US, and the sharpest drop occurred that same year at 53.6%.

Annual dynamics of production in Portugal in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(22.1%)	(53.6%)	21.0%	(24.1%)

Source: SHEV.io

In kind, 2018-2021, unit

Portugal's electrical inductors production saw a two-year downturn before recovering. In 2021, 3 261 units were produced, representing a strong 23.8% year-over-year increase. Over the period from 2018 to 2021, production decreased by 52.7%, averaging an annual decline of 22.1%. The minimum was recorded in 2020 at 2 635 units, with the largest decline also occurring in 2020 at 53.6%.

Annual dynamics of production in Portugal in kind, 2018-2021, unit

Parameter		2019	2020	2021	CAGR
1	Change from last year	(17.7%)	(53.6%)	23.8%	(22.1%)

Source: SHEV.io

Exports electrical inductors from Portugal

Exports in kind, K unit

The market exhibited volatility during the observed period. Exports peaked in 2018 and fell to their lowest point in 2021, resulting in an 11.3-fold fluctuation. In 2021, Portugal exported 10.0 K units of electrical inductors, a decrease of 55.2% from the previous year. The largest decline was in 2019 at 89.1%, while the largest increase occurred in 2020 at 81.9%.

Annual dynamics of product's exports from Portugal in kind, 2018-2021, K unit

Parameter		2019	2020	2021	CAGR
1	Change from last year	(89.1%)	81.9%	(55.2%)	(55.4%)

Source: SHEV.io

From 2018 to 2021, Spain, Angola, and Macao were the primary markets for Portugal's electrical inductors exports in kind. Spain accounted for 32.6% of exports, Angola for 19.7%, and Macao for 13.4%, together representing 65.7% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Portugal in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

The data shows irregular changes, reflecting a volatile market environment. Exports peaked in 2018 and hit their lowest point in 2019, with a 12.4-fold gap between these years. In 2021, Portugal's electrical inductors export volume was 461 K $ US, indicating a steep 39.0% reduction compared to 2020. The minimum value was recorded in 2019 at 305 K $ US, with the largest decline that year at 91.9%, while the largest increase was in 2020 at 147.3%.

Annual dynamics of product's exports from Portugal in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(91.9%)	147.3%	(39.0%)	(50.4%)

Source: SHEV.io

Throughout 2018 to 2021, Spain, Singapore, and Angola played leading roles in Portugal's electrical inductors exports in value terms. Spain accounted for 50.3% of exports, Singapore for 8.2%, and Angola for 7.7%, jointly comprising 66.2% of total export flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Portugal in value, 2018-2021

Source: SHEV.io

Imports electrical inductors to Portugal

Imports in kind, K unit

Market performance showed noticeable fluctuations during the period. Import levels varied by 2.4 times, with the high in 2018 and the low in 2019. In 2021, Portugal imported 691.4 K units of electrical inductors, reflecting an 81.5% rise from 2020. The minimum value was in 2019 at 336.2 K units, and the largest decline occurred that year at 57.6%.

Annual dynamics of product's imports to Portugal in kind, 2018-2021, K unit

Parameter		2019	2020	2021	CAGR
1	Change from last year	(57.6%)	13.3%	81.5%	(4.4%)

Source: SHEV.io

From 2018 to 2021, Germany, the Netherlands, and Spain were the top suppliers of electrical inductors to Portugal in kind. Germany accounted for 46.6% of imports, the Netherlands for 14.6%, and Spain for 9.3%, together making up 70.6% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Portugal in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

Portugal's imports of electrical inductors increased for the second consecutive year. In 2021, imports totaled 55 241 K $ US, marking a sharp 28.6% rise compared to the previous year. Over the period from 2018 to 2021, imports grew by 15.8%, averaging an annual increase of 5.0%. The minimum value was recorded in 2019 at 38 964 K $ US, with the largest decline that year at 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	(18.4%)	10.3%	28.6%	5.0%

Source: SHEV.io

In 2018 to 2021, Germany, the Netherlands, and China accounted for the largest share of Portugal's electrical inductors imports in value terms. Germany represented 56.0% of imports, the Netherlands 10.9%, and China 7.2%, together comprising 74.2% of total import flows.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Portugal in value, 2018-2021

Source: SHEV.io