Market research

Radio receivers market in Portugal

Radio receivers market in Portugal

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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File format: docx, xlsx

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Earlier Report Observations

The Portuguese market for radio broadcast receivers expanded steadily from 143 million US dollars in 2018 to 438 million in 2022. The most significant growth occurred between 2021 and 2022, when the market size almost doubled. This acceleration coincided with the European-wide push for digital radio migration, as standards mandating DAB+ compatibility encouraged consumers to replace older analogue receivers.

At the same time, evolving consumer preferences toward connected devices with Bluetooth and internet radio capabilities created new demand segments. The integration of smart features into radio receivers broadened their appeal, supporting overall market value growth during the period.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators
    1. 4.1. In value
      1. 4.1.1. Production, 2018-2019, 2021-2022
      2. 4.1.2. Imports, 2018-2025
      3. 4.1.3. Exports, 2018-2025
      4. 4.1.4. Market size, 2018-2019, 2021-2022
  5. 5. Production
    1. 5.1. Production in Portugal
      1. 5.1.1. In kind, 2018-2019, 2021-2022, K unit
      2. 5.1.2. In value, 2018-2019, 2021-2022, M $ US
    2. 5.2. Production in the EU, 2018-2024
      1. 5.2.1. In kind, 2018-2024, K unit
      2. 5.2.2. In value, 2018-2024, M $ US
  6. 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, M $ US
        1. 6.1.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, M $ US
        2. 6.1.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, M $ 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, M $ US
        1. 6.2.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, M $ US
        2. 6.2.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, M $ 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. 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, M $ US
        1. 7.1.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, M $ US
        2. 7.1.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, M $ 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, M $ US
        1. 7.2.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, M $ US
        2. 7.2.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, M $ 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. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, K unit
      2. 8.1.2. In value, M $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, K unit
      2. 8.2.2. In value, M $ US
  9. 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 radio receivers in Portugal

In value, 2018-2021, M $ US

In 2021, Portugal's radio receiver production was valued at 916.1 million US dollars, marking a significant decline of 14.9% compared to the previous year. Over the period from 2018 to 2021, production decreased by 4.2%, with a compound annual growth rate (CAGR) of 1.4%.

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

Parameter201920202021CAGR
1Change from last year(14.9%)n/an/a(1.4%)
Source: SHEV.io

In kind, 2018-2021, K unit

The market exhibited volatility during the observed period. The lowest volume was recorded in 2019, while the highest occurred in 2021, with a peak-to-trough ratio of 2.6 times. In 2021, Portugal produced 18,264 thousand units of radio receivers, showing a substantial contraction of 11.3% from the previous year.

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

Parameter201920202021CAGR
1Change from last year(11.3%)n/an/a32.4%
Source: SHEV.io

Exports radio receivers from Portugal

Exports in kind, K unit

Radio receiver exports from Portugal declined for the second consecutive year. In 2021, exports stood at 3,449 thousand units, which is 19.0% lower than in 2020. Over the period from 2018 to 2021, exports decreased by 22.2%, with a CAGR of 8.0%. The maximum value was recorded in 2019 at 5,298 thousand units. The largest decline occurred in 2020, falling by 19.6%, while the largest increase was in 2019, rising by 19.5%.

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

Parameter201920202021CAGR
1Change from last year19.5%(19.6%)(19.0%)(8.0%)
Source: SHEV.io

From 2018 to 2021, Germany (44.5% of exports in kind), Spain (23.6% of exports in kind), and the United Kingdom (10.0% of exports in kind) accounted for the largest share of exports in kind, together comprising 78.1% of total 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, M $ US

After a two-year decrease, radio receiver exports from Portugal increased. In 2021, Portugal exported 714.1 million US dollars worth of radio receivers, up by 8.8% compared to 2020. Over the period from 2018 to 2021, exports decreased by 13.9%, with a CAGR of 4.9%. The minimum value was recorded in 2020 at 656.6 million US dollars. The largest decline occurred in 2019, falling by 18.7%.

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

Parameter201920202021CAGR
1Change from last year(18.7%)(2.5%)8.8%(4.9%)
Source: SHEV.io

Throughout 2018 to 2021, Germany (57.9% of exports in value terms), Spain (15.3% of exports in value terms), and the United Kingdom (5.1% of exports in value terms) remained the main markets for radio receiver exports from Portugal in value terms, jointly accounting for 78.3% of total 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 radio receivers to Portugal

Imports in kind, K unit

The data reveals irregular changes, indicating a volatile market environment. Imports bottomed in 2018 and peaked in 2021, with a 2.5-fold difference between these years. In 2021, radio receiver deliveries to Portugal amounted to 526 thousand units, equivalent to a gain of 44.2% compared to the previous year. The largest decline was recorded in 2020, falling by 17.6%, while the largest increase occurred in 2019, rising by 111.0%.

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

Parameter201920202021CAGR
1Change from last year111.0%(17.6%)44.2%35.8%
Source: SHEV.io

In 2018 to 2021, three principal markets—Germany, Spain, and China—together accounted for 72.8% of total imports in kind of radio receivers to Portugal.

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, M $ US

Volatility characterized the market behavior during these years. Imports reached a low in 2020 and a high in 2021, varying by a factor of 1.7. In 2021, Portugal imported 22.6 million US dollars worth of radio receivers, which is 74.9% more year-over-year. The minimum value was recorded in 2020 at 12.9 million US dollars. The largest decline occurred in 2019, falling by 21.0%.

Annual dynamics of product's imports to Portugal in value, 2018-2021, M $ US

Parameter201920202021CAGR
1Change from last year(21.0%)(0.5%)74.9%11.2%
Source: SHEV.io

From 2018 to 2021, Germany (31.8% of imports in value terms), Spain (28.9% of imports in value terms), and China (14.3% of imports in value terms) together accounted for 75.0% of total imports in value terms, remaining the main destinations for radio receivers to Portugal.

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

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