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04-12-2018

Mold Exports Reach a New Record in 2017

Reference Year for the Portuguese Mold Industry

The Portuguese mold making industry achieved a sixth consecutive growth in 2017 (© Cemafol)

2017 was a reference year for the Portuguese mold making industry according to data presented by the Portuguese national association of the mold making industry (Ceamfol). The industry exports reached a record value of over 675 million euros, making it the best year ever in terms of production and exports for the sixth consecutive year.

In relation to 2016, in which the value of exports exceed for the first time the 600 million euros mark (reaching 626 million), the year 2017 represented an increase of around 8%, and the total value estimated is around 794 million euros. Compared with the beginning of the decade in 2010, export values more than doubled since that time. This is an indication that over the years Portugal has shown a high capacity to adapt to the needs of its customers and the evolution of both markets and technologies.

Emerging Industry

Currently, the mold making industry in Portugal employs approximately 10,460 workers. The about 515 companies, mainly small and medium size (SMEs), dedicated to the design, development and manufacturing of molds are predominantly centered in the regions of Marinha Grande and Oliveira de Azeméis. Portugal is the eighth largest producer of molds in the world and the third in Europe.

In 2017, the main export regions were Spain (22%), Germany (21%), France (12%), Czech Republic (6%) and Poland (5%). This group was followed by the United States, Mexico and the United Kingdom. In terms of the importance of the economic regions, the preponderance of the European market is maintained, representing an average of 80% of total exports in the last 10 years. In 2017, this reached a value of 82%.

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