Portugal: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2024

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Portugal

The Portuguese market for fully or partly automatic electric machines for arc welding of metals declined dramatically to $X in 2022, falling by X% against the previous year. Overall, consumption, however, continues to indicate a strong expansion. Consumption of peaked at $X in 2021, and then reduced sharply in the following year.

Production of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Portugal

In value terms, production of fully or partly automatic electric machines for arc welding of metals contracted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production of attained the maximum level at $X in 2021, and then shrank modestly in the following year.

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Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports from Portugal

In 2022, exports of fully or partly automatic electric machines for arc welding of metals from Portugal surged to X units, with an increase of X% against 2021 figures. Overall, exports saw buoyant growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals soared to $X in 2022. In general, exports posted buoyant growth. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Brazil (X units), Germany (X units) and Spain (X units) were the main destinations of exports of fully or partly automatic electric machines for arc welding of metals from Portugal, together comprising X% of total exports. France, Angola, Mexico and Belgium lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for fully or partly automatic arc welding machine exported from Portugal were Germany ($X), Brazil ($X) and Spain ($X), with a combined X% share of total exports. Angola, France, Mexico and Belgium 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

The average export price for fully or partly automatic electric machines for arc welding of metals stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price saw a noticeable descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to France ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports into Portugal

In 2022, approx. X units of fully or partly automatic electric machines for arc welding of metals were imported into Portugal; therefore, remained relatively stable against the year before. Overall, imports, however, showed strong growth. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2021, and then shrank modestly in the following year.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals totaled $X in 2022. In general, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports of reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Malaysia (X units), South Korea (X units) and Spain (X units) were the main suppliers of imports of fully or partly automatic electric machines for arc welding of metals 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 South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Germany ($X) and China ($X) were the largest fully or partly automatic arc welding machine suppliers to Portugal, together comprising X% of total imports. Finland, Austria, Malaysia, South Korea, Sweden, Italy, Poland, the Netherlands and Slovenia lagged somewhat behind, together accounting for a further X%.

South Korea, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average import price for fully or partly automatic electric machines for arc welding of metals amounted to $X per unit, picking up by X% against the previous year. Overall, the import price, however, recorded a pronounced contraction. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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