Portugal: Dry-Cleaning Machine Market 2024

Dry-Cleaning Machine Market Size in Portugal

The Portuguese dry-cleaning machine market soared to $X in 2022, jumping by X% against the previous year. In general, consumption enjoyed a strong expansion. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Dry-Cleaning Machine Production in Portugal

In value terms, dry-cleaning machine production dropped markedly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

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Dry-Cleaning Machine Exports

Exports from Portugal

In 2022, overseas shipments of dry-cleaning machines increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, dry-cleaning machine exports skyrocketed to $X in 2022. In general, exports showed significant growth. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Bangladesh (X units), Belgium (X units) and Mexico (X units) were the main destinations of dry-cleaning machine exports from Portugal, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X) emerged as the key foreign market for dry-cleaning machines exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Bangladesh was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Mexico (X% per year).

Export Prices by Country

The average dry-cleaning machine export price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($X per unit), while the average price for exports to France ($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 Pakistan (X%).

Dry-Cleaning Machine Imports

Imports into Portugal

Dry-cleaning machine imports into Portugal surged to X units in 2022, increasing by X% compared with the previous year. Overall, imports posted a strong increase. The growth pace was the most rapid in 2016 when imports increased by X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, dry-cleaning machine imports soared to $X in 2022. In general, imports showed a buoyant expansion. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest dry-cleaning machine supplier to Portugal, with a X% share of total imports. Moreover, dry-cleaning machine imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X units), threefold. Poland (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 Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Poland (X% per year).

In value terms, Italy ($X) constituted the largest supplier of dry-cleaning machines to Portugal, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average dry-cleaning machine import price amounted to $X per unit, rising by X% against the previous year. In general, the import price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, 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 Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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