Report Update: May 1, 2024

Portugal - Honing Or Lapping Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights

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Metal Honing Machine Price in Portugal - 2023

Metal Honing Machine Price in Portugal (CIF) - 2023

In August 2023, the average metal honing machine import price amounted to $10,029 per unit, with a decrease of -85.5% against the previous month. Overall, the import price, however, showed a perceptible expansion. The pace of growth appeared the most rapid in July 2023 an increase of 368% m-o-m. As a result, import price attained the peak level of $69,087 per unit, and then dropped significantly in the following month.

As there is only one major supplying country, the average price level is determined by prices for Romania.

From August 2022 to August 2023, the rate of growth in terms of prices for Spain amounted to +76.8% per month.

Metal Honing Machine Price in Portugal (FOB) - 2022

The average metal honing machine export price stood at $290 per unit in 2022, falling by -64.9% against the previous year. Overall, the export price showed a sharp shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 213% against the previous year. The export price peaked at $18,896 per unit in 2019; however, from 2020 to 2022, the 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 Algeria ($4,416 per unit), while the average price for exports to the Czech Republic ($31 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 Hungary (+122.0%), while the prices for the other major destinations experienced a decline.

Metal Honing Machine Imports in Portugal

In 2022, approx. 4.9K units of honing or lapping machines for working metal were imported into Portugal; growing by 1,895% on the previous year. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal honing machine imports shrank to $201K in 2022. Over the period under review, imports, however, showed a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, imports attained the peak of $672K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Metal Honing Machine in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	542	606	179	94.1	-44.2%
Spain	10.6	6.0	1.2	48.2	65.7%
Romania	N/A	N/A	N/A	25.6	0%
China	N/A	4.4	1.7	3.0	-17.4%
Austria	N/A	N/A	N/A	1.9	0%
Others	23.8	55.2	41.9	28.0	5.6%
Total	576	672	224	201	-29.6%

Top Suppliers of Metal Honing Machine to Portugal in 2022:

Romania (2844.0 units)
Italy (965.0 units)
Spain (461.0 units)
China (398.0 units)
Austria (168.0 units)

Metal Honing Machine Exports in Portugal

In 2022, approx. 436 units of honing or lapping machines for working metal were exported from Portugal; picking up by 891% on 2021 figures. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal honing machine exports soared to $126K in 2022. In general, exports, however, continue to indicate a dramatic setback. Over the period under review, the exports reached the peak figure at $453K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Metal Honing Machine in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Algeria	N/A	N/A	N/A	55.7	0%
Spain	N/A	0.9	0.6	17.0	334.6%
Czech Republic	N/A	N/A	N/A	7.5	0%
United Kingdom	N/A	1.2	19.9	0.7	-23.6%
Italy	2.0	1.0	1.0	N/A	-29.3%
Angola	3.9	61.5	2.3	N/A	-23.2%
Others	448	10.9	12.6	45.5	-53.3%
Total	453	75.6	36.3	126	-34.7%

Top Export Markets for Metal Honing Machine from Portugal in 2022:

Czech Republic (240.0 units)
Spain (174.0 units)
Algeria (13.0 units)
United Kingdom (4.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal honing machine 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 28412385 - Honing or lapping machines for working metal

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