Portugal: Sleeping Bag Market 2024

Sleeping Bag Market Size in Portugal

The Portuguese sleeping bag market reduced to $X in 2022, waning by X% against the previous year. In general, consumption, however, continues to indicate buoyant growth. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Sleeping Bag Production in Portugal

In value terms, sleeping bag production amounted to $X in 2022 estimated in export price. In general, production, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Sleeping Bag Exports

Exports from Portugal

For the third year in a row, Portugal recorded decline in overseas shipments of sleeping bags, which decreased by X% to X units in 2022. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, sleeping bag exports surged to $X in 2022. Over the period under review, exports showed a slight decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for sleeping bag exports from Portugal, accounting for a X% share of total exports. Moreover, sleeping bag exports to France exceeded the volume sent to the second major destination, Spain (X units), twofold. The third position in this ranking was held by Cabo Verde (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Cabo Verde (X% per year).

In value terms, France ($X), the Czech Republic ($X) and the United States ($X) were the largest markets for sleeping bag exported from Portugal worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, the Czech Republic, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sleeping bag export price stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the export price posted a strong increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sleeping Bag Imports

Imports into Portugal

In 2022, the amount of sleeping bags imported into Portugal fell to X units, with a decrease of X% compared with the previous year's figure. Overall, imports showed a mild reduction. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, sleeping bag imports fell to $X in 2022. In general, imports, however, saw a perceptible increase. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

France (X units), China (X units) and Spain (X units) were the main suppliers of sleeping bag imports to Portugal, with a combined X% share of total imports. Slovenia, Germany and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sleeping bag suppliers to Portugal were France ($X), China ($X) and Spain ($X), with a combined X% share of total imports. Slovenia, Germany and Belgium lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Slovenia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sleeping bag import price stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the import price, however, enjoyed a measured expansion. The growth pace was the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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