Portugal - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Portugal - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends And Insights

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Ride-On Compaction Equipment Price in Portugal - 2023

Contents:

  1. Ride-On Compaction Equipment Price in Portugal (CIF) - 2022
  2. Ride-On Compaction Equipment Price in Portugal (FOB) - 2023
  3. Ride-On Compaction Equipment Imports in Portugal
  4. Ride-On Compaction Equipment Exports in Portugal

Ride-On Compaction Equipment Price in Portugal (CIF) - 2022

The average ride-on compaction equipment import price stood at $14,464 per unit in 2022, surging by 46% against the previous year. Overall, the import price, however, continues to indicate a pronounced shrinkage. Over the period under review, average import prices attained the peak figure at $19,284 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Germany ($32,343 per unit), while the price for Italy ($2,240 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+43.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Ride-On Compaction Equipment Price in Portugal (FOB) - 2023

The average ride-on compaction equipment export price stood at $38,476 per unit in July 2023, increasing by 28% against the previous month. In general, export price indicated a buoyant increase from July 2022 to July 2023: its price increased at an average monthly rate of +5.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, ride-on compaction equipment export price increased by +17.7% against April 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 64% against the previous month. Over the period under review, the average export prices reached the peak figure in July 2023.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Morocco ($67,916 per unit), while the average price for exports to Spain ($13,855 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+219.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ride-On Compaction Equipment Imports in Portugal

In 2022, approx. 427 units of ride-on compaction equipment were imported into Portugal; which is down by -33.6% on the year before. Overall, imports faced a deep downturn. The smallest decline of -6.4% was in 2021. Over the period under review, imports attained the peak figure at 744 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, ride-on compaction equipment imports dropped slightly to $6.2M in 2022. Over the period under review, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 7.7%. Over the period under review, imports reached the maximum at $8.7M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Ride-On Compaction Equipment in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,4022,5902,7093,0738.6%
Spain1,2281,2531,6951,044-5.3%
China54.561.7123493108.4%
France1,491879585380-36.6%
United Kingdom71233347.3372-19.5%
Netherlands19.662.7121268139.1%
Italy46.421.120885.122.4%
Belgium26834.111530.8-51.4%
Others2,475694781431-44.2%
Total8,6975,9286,3856,176-10.8%

Top Suppliers of Ride-On Compaction Equipment to Portugal in 2022:

  1. Spain (121.0 units)
  2. Germany (95.0 units)
  3. China (58.0 units)
  4. France (43.0 units)
  5. Italy (38.0 units)
  6. United Kingdom (25.0 units)
  7. Netherlands (16.0 units)
  8. Belgium (6.0 units)

Ride-On Compaction Equipment Exports in Portugal

In 2022, the amount of ride-on compaction equipment exported from Portugal fell to 209 units, therefore, remained relatively stable against the year before. In general, exports faced a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 36%. Over the period under review, the exports attained the maximum at 316 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, ride-on compaction equipment exports soared to $2.3M in 2022. Over the period under review, exports recorded a perceptible reduction. Over the period under review, the exports attained the maximum at $2.4M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Ride-On Compaction Equipment in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,1119811,2061,4308.8%
Angola13052.614641146.8%
Guinea1.5N/A44.4221428.2%
Cabo Verde1361241.2106-8.0%
Spain40054.917.119.0-63.8%
Italy133N/AN/AN/A0%
Others52033841586.9-44.9%
Total2,4311,5511,8292,273-2.2%

Top Export Markets for Ride-On Compaction Equipment from Portugal in 2022:

  1. France (149.0 units)
  2. Angola (35.0 units)
  3. Guinea (9.0 units)
  4. Cabo Verde (3.0 units)
  5. Spain (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ride-on compaction equipment 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 28922400 - Ride-on compaction equipment and the like

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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