Portugal: Off-Highway Dumper Market 2024

Off-Highway Dumper Market Size in Portugal

The Portuguese off-highway dumper market contracted to $X.7B in 2022, remaining constant against the previous year. Over the period under review, consumption, however, continues to indicate a prominent increase. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Off-Highway Dumper Production in Portugal

In value terms, off-highway dumper production fell modestly to $X.7B in 2022 estimated in export price. In general, production, however, posted a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X.2B. From 2019 to 2022, production growth remained at a somewhat lower figure.

Off-Highway Dumper Exports

Exports from Portugal

In 2022, exports of dumpers for off-highway use from Portugal soared to X units, picking up by X% compared with the year before. In general, exports, however, saw a sharp slump. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, off-highway dumper exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units), Angola (X units) and Cabo Verde (X units) were the main destinations of off-highway dumper exports from Portugal, together accounting for X% of total exports. Israel, Brazil, Slovenia, Guinea-Bissau, Cameroon and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for off-highway dumper exported from Portugal were Spain ($X), Angola ($X) and Israel ($X), with a combined X% share of total exports. Slovenia, Cabo Verde, France, Cameroon, Brazil and Guinea-Bissau lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, France, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average off-highway dumper export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price, however, saw a slight increase. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Guinea-Bissau ($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 Venezuela (X%), while the prices for the other major destinations experienced more modest paces of growth.

Off-Highway Dumper Imports

Imports into Portugal

In 2022, the amount of dumpers for off-highway use imported into Portugal surged to X units, picking up by X% on the year before. Over the period under review, imports saw a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, off-highway dumper imports soared to $X in 2022. Overall, imports saw strong growth. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

The UK (X units), Spain (X units) and France (X units) were the main suppliers of off-highway dumper imports to Portugal, together accounting for X% of total imports.

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

In value terms, Spain ($X) constituted the largest supplier of dumpers for off-highway use to Portugal, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average off-highway dumper import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained 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 Sweden ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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