Portugal: Construction Equipment Blade Market 2024

Construction Equipment Blade Market Size in Portugal

The Portuguese construction equipment blade market dropped remarkably to $X in 2022, declining by X% against the previous year. In general, consumption, however, recorded a resilient increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Construction Equipment Blade Production in Portugal

In value terms, construction equipment blade production stood at $X in 2022 estimated in export price. Overall, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Construction Equipment Blade Exports

Exports from Portugal

In 2022, approx. X units of blades for construction equipment were exported from Portugal; with an increase of X% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, construction equipment blade exports rose significantly to $X in 2022. Overall, exports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Angola (X units) was the main destination for construction equipment blade exports from Portugal, with a X% share of total exports. Moreover, construction equipment blade exports to Angola exceeded the volume sent to the second major destination, Algeria (X units), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to Angola stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (X% per year) and Mozambique (X% per year).

In value terms, Angola ($X) emerged as the key foreign market for blades for construction equipment exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Algeria ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Angola stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (X% per year) and Mozambique (X% per year).

Export Prices by Country

The average construction equipment blade export price stood at $X per unit in 2022, falling by X% against the previous year. Overall, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($X per unit), while the average price for exports to Angola ($X 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 Equatorial Guinea (X%), while the prices for the other major destinations experienced mixed trend patterns.

Construction Equipment Blade Imports

Imports into Portugal

In 2022, imports of blades for construction equipment into Portugal reduced to X units, with a decrease of X% on the previous year. In general, imports saw a slight shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, construction equipment blade imports contracted sharply to $X in 2022. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Mozambique (X units) constituted the largest supplier of construction equipment blade to Portugal, accounting for a X% share of total imports. Moreover, construction equipment blade imports from Mozambique exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. Spain (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Mozambique was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

In value terms, the largest construction equipment blade suppliers to Portugal were Mozambique ($X), Italy ($X) and Spain ($X), with a combined X% share of total imports. The Czech Republic and Ireland lagged somewhat behind, together comprising a further X%.

Ireland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average construction equipment blade import price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Mozambique ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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