Portugal: Market for Industrial, Laboratory or Bakery Ovens 2024

Market Size for Industrial, Laboratory or Bakery Ovens in Portugal

The Portuguese market for industrial, laboratory or bakery ovens reduced to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, showed resilient growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Industrial, Laboratory or Bakery Ovens in Portugal

In value terms, industrial, laboratory or bakery oven production fell modestly to $X in 2022 estimated in export price. Overall, production, however, enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Exports of Industrial, Laboratory or Bakery Ovens

Exports from Portugal

In 2022, approx. X units of industrial, laboratory or bakery ovens were exported from Portugal; growing by X% compared with the year before. Over the period under review, exports showed a strong expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, industrial, laboratory or bakery oven exports reached $X in 2022. Overall, exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Brazil (X units), Spain (X units) and France (X units) were the main destinations of industrial, laboratory or bakery oven exports from Portugal, together accounting for X% of total exports.

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

In value terms, Spain ($X), France ($X) and Brazil ($X) constituted the largest markets for industrial, laboratory or bakery oven exported from Portugal worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, France, with a CAGR of X%, saw 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 export price for industrial, laboratory or bakery ovens amounted to $X per unit, stabilizing at the previous year. Over the period under review, the export price, however, recorded a drastic downturn. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Angola ($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 Canada (X%), while the prices for the other major destinations experienced a decline.

Imports of Industrial, Laboratory or Bakery Ovens

Imports into Portugal

In 2022, the amount of industrial, laboratory or bakery ovens imported into Portugal declined slightly to X units, falling by X% compared with the previous year. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, industrial, laboratory or bakery oven imports dropped to $X in 2022. Overall, imports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

Spain (X units), Italy (X units) and the United States (X units) were the main suppliers of industrial, laboratory or bakery oven imports to Portugal, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest industrial, laboratory or bakery oven suppliers to Portugal were Germany ($X), the United States ($X) and Spain ($X), with a combined X% share of total imports.

The United States, 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 import price for industrial, laboratory or bakery ovens stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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