Market research

Winding wire market in Portugal

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$420

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

The Portuguese winding wire market experienced a notable shift between 2018 and 2022. In physical terms, the market volume contracted from 6 332 t in 2018 to 4 475 t in 2021 and then to 4 103 t in 2022. Conversely, the market's value demonstrated growth, rising from $42.1 million in 2018 to $50.9 million in 2021 and stabilizing at $51.2 million in 2022, suggesting a move towards higher-value products or increased unit prices.

Imports, which are the primary supply source, saw a significant decline from 6 857 t in 2018 to a low of 3 975 t in 2020. This was followed by a volatile recovery, with volumes reaching 6 142 t by 2025. Exports remained a smaller flow, fluctuating between 283 t and 649 t annually without establishing a definitive trend over the period.

A key development was the commencement of domestic production in 2021, which output 494 t and increased to 747 t the following year. This new local supply slightly reduced the market's reliance on imported winding wire during those years.

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
1. 4.1. In kind
  1. 4.1.1. Production, 2018, 2021-2022
  2. 4.1.2. Imports, 2018-2025
  3. 4.1.3. Exports, 2018-2025
  4. 4.1.4. Market size, 2018, 2021-2022
2. 4.2. In value
  1. 4.2.1. Production, 2018, 2021-2022
  2. 4.2.2. Imports, 2018-2025
  3. 4.2.3. Exports, 2018-2025
  4. 4.2.4. Market size, 2018, 2021-2022
5. Production
1. 5.1. Production in Portugal
  1. 5.1.1. In kind, 2018, 2021-2022, t
  2. 5.1.2. In value, 2018, 2021-2022, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  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, 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 winding wire in Portugal

In value, 2018-2021, K $ US

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

In kind, 2018-2021, t

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Exports winding wire from Portugal

Exports in kind, t

Market performance showed significant fluctuations during this period. Export volumes reached their lowest point in 2020 at 283 tonnes, then surged to 609 tonnes in 2021, representing a 2.1-fold increase. This sharp rise of 114.7% from 2020 to 2021 was accompanied by the largest decline of 52.1% recorded in 2020.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	12.6%	(52.1%)	114.7%	5.0%

Source: SHEV.io

From 2018 to 2021, Angola, Cabo Verde, and Mozambique were the leading destinations for Portugal's winding wire exports in kind. Angola accounted for 29.8% of exports, followed by Cabo Verde at 15.1%, and Mozambique at 11.7%. Together, these three countries represented 56.6% 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 market experienced notable volatility during this timeframe. Export values hit their minimum in 2020 at 1 912 thousand US dollars, then climbed to 4 357 thousand US dollars in 2021, marking a 2.3-fold increase. This represented a year-over-year gain of 127.8%, while the largest decline of 55.0% occurred in 2020.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	30.0%	(55.0%)	127.8%	10.0%

Source: SHEV.io

Between 2018 and 2021, Angola, Cabo Verde, and Mozambique emerged as the primary markets for Portugal's winding wire exports in value terms. Angola contributed 29.8% of export value, Cabo Verde 16.0%, and Mozambique 13.8%. Collectively, these three markets accounted for 59.6% 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 winding wire to Portugal

Imports in kind, t

Following a two-year decline, Portugal's imports of winding wire rebounded in 2021. Import volumes reached their lowest point in 2020 at 3 975 tonnes, then increased to 4 589 tonnes in 2021, showing a solid rise of 15.5%. Over the entire 2018-2021 period, imports decreased by 33.1%, equivalent to an annualized rate of 12.5%, with the largest single-year decline of 25.7% occurring in 2019.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(25.7%)	(21.9%)	15.5%	(12.5%)

Source: SHEV.io

From 2018 to 2021, Spain, Italy, and Germany were the main suppliers of winding wire to Portugal in kind. Spain accounted for 49.0% of imports, Italy 24.6%, and Germany 9.7%. Together, these three countries supplied 83.3% of Portugal's total winding wire imports.

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

After contracting for two consecutive years, Portugal's imports of winding wire in value terms saw a significant increase in 2021. Import values bottomed out in 2020 at 34 505 thousand US dollars, then jumped to 52 347 thousand US dollars in 2021, representing a sudden uptick of 51.7%. Over the 2018-2021 period, imports grew by 15.4%, translating to an annualized rate of 4.9%, with the largest decline of 14.1% recorded in 2019.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(14.1%)	(11.4%)	51.7%	4.9%

Source: SHEV.io

Throughout the 2018-2021 period, Italy, Spain, and Germany formed the core of Portugal's winding wire imports in value terms. Italy accounted for 37.4% of import value, Spain 32.0%, and Germany 13.1%. Combined, these three suppliers represented 82.6% 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