Report Update: May 1, 2024

Portugal - Machinery For Making Or Repairing Articles Of Hides, Skins Or Leather - Market Analysis, Forecast, Size, Trends And Insights

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Hide Repairing Machinery Price in Portugal - 2023

Hide Repairing Machinery Price in Portugal (CIF) - 2023

The average hide repairing machinery import price stood at $13,199 per unit in August 2023, rising by 96% against the previous month. In general, the import price continues to indicate measured growth. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 132% m-o-m. As a result, import price attained the peak level of $21,813 per unit; afterwards, it flattened through to August 2023.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($21,425 per unit), while the price for China ($3,671 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+177.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Hide Repairing Machinery Price in Portugal (FOB) - 2022

The average hide repairing machinery export price stood at $878 per unit in 2022, falling by -71.5% against the previous year. Overall, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2013 when the average export price increased by 247% against the previous year. As a result, the export price reached the peak level of $5,812 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cabo Verde ($10,282 per unit), while the average price for exports to the Dominican Republic ($479 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 Dominican Republic (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.

Hide Repairing Machinery Imports in Portugal

In 2022, after three years of growth, there was significant decline in overseas purchases of machinery for making or repairing articles of hides, skins or leather, when their volume decreased by -11.8% to 358 units. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. As a result, imports reached the peak of 406 units, and then reduced in the following year.

In value terms, hide repairing machinery imports fell dramatically to $2.4M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 55%. As a result, imports attained the peak of $3M, and then reduced sharply in the following year.

Import of Hide Repairing Machinery in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	1,028	1,068	2,864	2,293	30.7%
Netherlands	N/A	N/A	18.0	16.4	-8.9%
France	458	219	52.4	5.4	-77.2%
Spain	0.6	616	6.9	N/A	239.1%
Others	54.9	0.5	14.8	66.9	6.8%
Total	1,541	1,903	2,956	2,382	15.6%

Top Suppliers of Hide Repairing Machinery to Portugal in 2022:

Italy (331.0 units)
Netherlands (18.0 units)
France (1.0 units)

Hide Repairing Machinery Exports in Portugal

After two years of decline, shipments abroad of machinery for making or repairing articles of hides, skins or leather increased by 925% to 82 units in 2022. Over the period under review, exports posted resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hide repairing machinery exports soared to $72K in 2022. Overall, exports, however, saw a abrupt downturn. The exports peaked at $110K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Hide Repairing Machinery in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Dominican Republic	N/A	N/A	N/A	33.9	0%
Cabo Verde	N/A	5.7	N/A	18.2	78.7%
Indonesia	N/A	N/A	N/A	8.3	0%
United States	14.8	N/A	15.7	8.1	-18.2%
Switzerland	84.7	0.1	N/A	N/A	-99.9%
Senegal	5.1	N/A	N/A	N/A	0%
Morocco	N/A	28.7	8.6	N/A	-70.0%
Others	4.9	N/A	0.4	3.8	-8.1%
Total	110	34.4	24.7	72.2	-13.1%

Top Export Markets for Hide Repairing Machinery from Portugal in 2022:

Dominican Republic (71.0 units)
United States (5.0 units)
Indonesia (4.0 units)
Cabo Verde (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hide repairing machinery market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28943070 - Machinery for making/repairing articles of hides, skins or leather, n.e.c.

Country coverage:

Portugal

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Portugal
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023