Market research

Resistance-heated furnaces and ovens market in Portugal

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for resistance-heated industrial furnaces and ovens in Portugal was valued at 22 225 thousand USD in 2018 but contracted to 20 185 thousand USD the following year. A steep decline occurred in 2020, with the market size falling to 8 205 thousand USD.

In 2021, the market recovered to 12 792 thousand USD. This rebound aligned with regulatory updates, including Portaria 138-I/2021, which imposed limits on electrical power for Joule-effect heating systems. These rules, along with broader energy efficiency and industrial waste management regulations, encouraged industries to upgrade to compliant equipment, stimulating demand for new furnaces and ovens.

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, 2018-2021
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2021
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Portugal
  1. 5.1.1. In value, 2018-2021, K $ US
2. 5.2. Production in the EU, 2018-2021
  1. 5.2.1. In value, 2018-2021, K $ US
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Portugal in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Portugal by countries, 2018-2025, t
    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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Portugal in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Portugal by countries, 2018-2025, t
    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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Portugal in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Portugal by countries, 2018-2025, t
    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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Portugal in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Portugal by countries, 2018-2025, t
    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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  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 resistance-heated furnaces and ovens in Portugal

In value, 2018-2021, K $ US

In Portugal, the output value of resistance-heated furnaces and ovens reached 10 584 K $ US in 2021, showing a modest increase of 7.8% compared to the previous year. Looking at the period from 2018 to 2021, production declined by 41.3%, with a compound annual growth rate of -16.3%. The highest value was recorded in 2019 at 20 921 K $ US, while the lowest was in 2020 at 9 820 K $ US. The most significant drop occurred in 2020, falling by 53.1%, whereas the largest rise was in 2019, up by 16.0%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	16.0%	(53.1%)	7.8%	(16.3%)

Source: SHEV.io

Exports resistance-heated furnaces and ovens from Portugal

Exports in kind, t

Market performance showed notable fluctuations during this period. Export volumes varied significantly, with a 4.1-fold difference between the peak in 2019 and the low in 2018. In 2021, shipments of resistance-heated furnaces and ovens from Portugal to abroad totaled 761 t, representing a substantial decrease of 15.1% from the previous year. The maximum volume was recorded in 2019 at 1 035 t, which also saw the largest increase of 310.8%.

Annual dynamics of product's exports from Portugal in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	310.8%	(13.4%)	(15.1%)	44.6%

Source: SHEV.io

From 2018 to 2021, Spain, Brazil, and France were the top destinations for exports in kind, accounting for 34.6%, 22.6%, and 15.6% of the total, respectively. Together, these three countries made up 72.8% of all 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 market displayed an unstable trend over this timeframe. Exports reached their highest value in 2019 and their lowest in 2018, with a 4.1-fold gap between these years. In 2021, deliveries of resistance-heated furnaces and ovens from Portugal amounted to 6 728 K $ US, marking a robust drop of 17.5% from 2020. The maximum value was recorded in 2019 at 9 608 K $ US, which also experienced the largest increase of 307.0%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	307.0%	(15.1%)	(17.5%)	41.8%

Source: SHEV.io

Between 2018 and 2021, Spain, Brazil, and France were the leading destinations for exports in value terms, contributing 42.0%, 17.7%, and 15.9% of the total, respectively. Combined, these three countries accounted for 75.6% of all export value, solidifying their position as the main markets for Portuguese resistance-heated furnaces and ovens.

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 resistance-heated furnaces and ovens to Portugal

Imports in kind, t

The market exhibited an unstable trend throughout this period. Import volumes showed a peak-to-trough amplitude of 2 times from 2018 to 2021. In 2021, shipments of resistance-heated furnaces and ovens to Portugal from abroad totaled 562 t, constituting a steep advance of 78.9% year-over-year. The largest decline was recorded in 2020, falling by 36.9%.

Annual dynamics of product's imports to Portugal in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	74.8%	(36.9%)	78.9%	25.4%

Source: SHEV.io

Over the 2018–2021 period, Spain, Italy, and Germany led as the primary suppliers of resistance-heated furnaces and ovens to Portugal, with shares of 31.6%, 28.7%, and 19.4% of imports in kind, respectively. Together, these three countries accounted for 79.8% of total import volumes.

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

In 2021, Portugal's import volume of resistance-heated furnaces and ovens totaled 8 936 K $ US, reflecting a sharp increase of 36.6% over the previous year. Between 2018 and 2021, imports grew by 36.6%, equating to an annualized rate of 10.9%. The minimum value was recorded in 2020 at 6 542 K $ US, which also saw the largest decline of 26.3%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	35.6%	(26.3%)	36.6%	10.9%

Source: SHEV.io

From 2018 to 2021, Germany, Italy, and Spain consistently remained the main sources for imports in value terms, with shares of 41.0%, 22.2%, and 20.5%, respectively. Together, these three countries accounted for 83.6% 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