Portugal: Concrete Mixer Market 2024

Concrete Mixer Market Size in Portugal

In 2021, the Portuguese concrete mixer market decreased by -7.2% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption continues to indicate a slight decrease. Concrete mixer consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Concrete Mixer Production in Portugal

In value terms, concrete mixer production surged to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 38%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Concrete Mixer Exports

Exports from Portugal

In 2021, concrete mixer exports from Portugal skyrocketed to X units, growing by 18% compared with 2020. Over the period under review, total exports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +66.1% against 2016 indices. The pace of growth was the most pronounced in 2014 when exports increased by 25%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, concrete mixer exports soared to $X in 2021. In general, total exports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +104.5% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X units), Spain (X units) and Poland (X units) were the main destinations of concrete mixer exports from Portugal, with a combined 79% share of total exports. Belgium, Cote d'Ivoire, Angola and Mozambique lagged somewhat behind, together accounting for a further 8.8%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of +45.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for concrete mixer exported from Portugal were France ($X), Spain ($X) and Poland ($X), with a combined 72% share of total exports. These countries were followed by Belgium, Cote d'Ivoire, Angola and Mozambique, which together accounted for a further 13%.

In terms of the main countries of destination, Belgium, with a CAGR of +44.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average concrete mixer export price amounted to $X per unit, surging by 9.5% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 9.7% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Mixer Imports

Imports into Portugal

In 2021, concrete mixer imports into Portugal skyrocketed to X units, jumping by 16% on 2020 figures. In general, imports recorded a noticeable increase. The most prominent rate of growth was recorded in 2016 with an increase of 230%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, concrete mixer imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 199% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X units), Italy (X units) and China (X units) were the main suppliers of concrete mixer imports to Portugal, with a combined 80% share of total imports. Germany, Spain and Turkey lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +128.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and the Netherlands ($X) were the largest concrete mixer suppliers to Portugal, together comprising 73% of total imports. Spain, China and Turkey lagged somewhat behind, together accounting for a further 26%.

Among the main suppliers, Turkey, with a CAGR of +100.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average concrete mixer import price stood at $X per unit in 2021, jumping by 19% against the previous year. In general, the import price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 45% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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