Price for Book-Binding Machinery; Including Book-Sewing Machines in Portugal - 2023

Contents:

  1. Price for Book-Binding Machinery; Including Book-Sewing Machines in Portugal (FOB) - 2023
  2. Price for Book-Binding Machinery; Including Book-Sewing Machines in Portugal (CIF) - 2023
  3. Exports of Book-Binding Machinery; Including Book-Sewing Machines in Portugal
  4. Imports of Book-Binding Machinery; Including Book-Sewing Machines in Portugal

Price for Book-Binding Machinery; Including Book-Sewing Machines in Portugal (FOB) - 2023

In August 2023, the average export price for book-binding machinery; including book-sewing machineses amounted to $424 per unit, declining by -11.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in May 2023 when the average export price increased by 33% against the previous month. Over the period under review, the average export prices attained the peak figure at $477 per unit in July 2023, and then reduced in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($526 per unit), while the average price for exports to Cabo Verde ($70.7 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Book-Binding Machinery; Including Book-Sewing Machines in Portugal (CIF) - 2023

In August 2023, the average import price for book-binding machinery; including book-sewing machineses amounted to $428 per unit, jumping by 68% against the previous month. Overall, the import price continues to indicate a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Turkey ($1,590 per unit), while the price for Italy ($69.9 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 Turkey (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Book-Binding Machinery; Including Book-Sewing Machines in Portugal

In 2022, approx. 68K units of book-binding machinery; including book-sewing machineses were exported from Portugal; falling by -6.3% against the year before. In general, exports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. The exports peaked at 79K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, book-binding machinery; including book-sewing machines exports reached $22M in 2022. The total export value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 26%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Export of Book-Binding Machinery; Including Book-Sewing Machines in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.67.010.310.56.9%
United States3.12.92.75.521.1%
Switzerland0.80.51.11.214.5%
China2.11.11.60.9-24.6%
United Kingdom1.00.70.60.7-11.2%
Australia0.30.20.30.30.0%
Belgium0.20.30.30.314.5%
France1.10.20.20.1-55.0%
BoliviaN/AN/AN/AN/A0%
Israel1.50.10.1N/A-74.2%
Others2.62.82.72.82.5%
Total21.215.819.922.11.4%

Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from Portugal in 2022:

  1. Germany (31.8K units)
  2. United States (13.0K units)
  3. United Kingdom (4.3K units)
  4. Switzerland (3.5K units)
  5. China (2.9K units)
  6. Bolivia (1.6K units)
  7. Belgium (1.5K units)
  8. Australia (1.2K units)
  9. France (0.6K units)

Imports of Book-Binding Machinery; Including Book-Sewing Machines in Portugal

In 2022, supplies from abroad of book-binding machinery; including book-sewing machineses increased by 51% to 27K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a deep reduction. Over the period under review, imports attained the maximum at 35K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, book-binding machinery; including book-sewing machines imports skyrocketed to $7.9M in 2022. In general, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +3.9% 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 +49.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Book-Binding Machinery; Including Book-Sewing Machines in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,3892,2063,2564,94613.4%
Spain1,3478409441,207-3.6%
Japan0.30.1208292891.0%
United States21.94.6247283134.7%
Italy13518027724221.5%
Netherlands13.6199191203146.2%
Belgium1.97.98.9158336.5%
China483140159131-35.3%
DenmarkN/A0.5N/A1301512.5%
United Kingdom51170512758.5-51.4%
France26038158.412.8-63.3%
India4300.2N/A0.3-91.1%
Others469628361252-18.7%
Total7,0625,2925,8367,9153.9%

Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to Portugal in 2022:

  1. India (undefinedK units)
  2. France (undefinedK units)
  3. Germany (13.4K units)
  4. Spain (7.1K units)
  5. United States (1.1K units)
  6. Denmark (0.9K units)
  7. Netherlands (0.8K units)
  8. Italy (0.8K units)
  9. China (0.7K units)
  10. Belgium (0.5K units)
  11. Japan (0.5K units)
  12. United Kingdom (0.2K units)

Source: IndexBox Market Intelligence Platform

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