Portugal - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Balancing Mechanical Parts Machine in Portugal - 2023
Contents:
- Price for Balancing Mechanical Parts Machine in Portugal (CIF) - 2022
- Price for Balancing Mechanical Parts Machine in Portugal (FOB) - 2023
- Imports of Balancing Mechanical Parts Machine in Portugal
- Exports of Balancing Mechanical Parts Machine in Portugal
Price for Balancing Mechanical Parts Machine in Portugal (CIF) - 2022
In 2022, the average balancing mechanical parts machine import price amounted to $2,054 per unit, rising by 4.4% against the previous year. Overall, the import price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 26%. As a result, import price reached the peak level of $3,894 per unit. From 2017 to 2022, the average import prices remained at a lower figure.
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 the United States ($4,349 per unit), while the price for Poland ($1,243 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced a decline.
Price for Balancing Mechanical Parts Machine in Portugal (FOB) - 2023
The average balancing mechanical parts machine export price stood at $37,283 per unit in July 2023, picking up by 337% against the previous month. In general, the export price posted resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In July 2023, the country with the highest price was Mozambique ($38,661 per unit), while the average price for exports to Spain totaled $37,240 per unit.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Balancing Mechanical Parts Machine in Portugal
In 2022, approx. 1.4K units of machines for balancing mechanical parts were imported into Portugal; falling by -29.4% compared with the previous year. Overall, imports, however, posted a resilient increase. The growth pace was the most rapid in 2021 with an increase of 318%. As a result, imports reached the peak of 2K units, and then shrank significantly in the following year.
In value terms, balancing mechanical parts machine imports reduced remarkably to $2.9M in 2022. In general, imports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 296%. As a result, imports reached the peak of $4M, and then fell sharply in the following year.
| Import of Balancing Mechanical Parts Machine in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,324 | 338 | 993 | 1,166 | -4.1% |
| Italy | 919 | 311 | 623 | 792 | -4.8% |
| Spain | 305 | 162 | 1,533 | 641 | 28.1% |
| France | N/A | 43.3 | 90.1 | 158 | 91.0% |
| China | 43.7 | 60.4 | 327 | 106 | 34.4% |
| Poland | 0.6 | N/A | 1.2 | 37.6 | 297.2% |
| Others | 582 | 87.7 | 404 | 26.7 | -64.2% |
| Total | 3,175 | 1,003 | 3,971 | 2,928 | -2.7% |
Top Suppliers of Balancing Mechanical Parts Machine to Portugal in 2022:
- Italy (557.0 units)
- Spain (364.0 units)
- United States (268.0 units)
- France (115.0 units)
- China (82.0 units)
- Poland (30.0 units)
Exports of Balancing Mechanical Parts Machine in Portugal
After two years of decline, shipments abroad of machines for balancing mechanical parts increased by 42% to 161 units in 2022. In general, exports, however, faced a sharp descent. Over the period under review, the exports attained the maximum at 442 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, balancing mechanical parts machine exports surged to $762K in 2022. Over the period under review, exports, however, showed a precipitous curtailment. Over the period under review, the exports hit record highs at $2.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Balancing Mechanical Parts Machine in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 744 | 446 | 256 | 338 | -23.1% |
| France | 93.3 | 72.4 | 57.7 | 238 | 36.6% |
| Italy | 61.1 | 98.0 | 114 | 98.0 | 17.1% |
| Sao Tome and Principe | N/A | N/A | N/A | 21.3 | 0% |
| Angola | 24.7 | 33.7 | 4.1 | 19.8 | -7.1% |
| Belgium | 418 | 268 | 16.4 | 16.8 | -65.7% |
| Cabo Verde | 33.5 | N/A | 11.8 | N/A | -40.7% |
| Others | 865 | 141 | 42.0 | 29.2 | -67.7% |
| Total | 2,240 | 1,060 | 502 | 762 | -30.2% |
Top Export Markets for Balancing Mechanical Parts Machine from Portugal in 2022:
- Spain (76.0 units)
- France (35.0 units)
- Italy (17.0 units)
- Sao Tome and Principe (15.0 units)
- Angola (12.0 units)
- Belgium (3.0 units)
This report provides an in-depth analysis of the market for balancing mechanical parts machine 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 28993970 - Machines for balancing mechanical parts
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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