Portugal: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in Portugal

The Portuguese non-numerically controlled sharpening machine market surged to $X in 2022, rising by X% against the previous year. In general, consumption posted a pronounced expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Production of Non-Numerically Controlled Sharpening Machines For Working Metal in Portugal

In value terms, non-numerically controlled sharpening machine production soared to $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Portugal

Non-numerically controlled sharpening machine exports from Portugal fell sharply to X units in 2022, dropping by X% compared with the previous year's figure. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, non-numerically controlled sharpening machine exports contracted sharply to $X in 2022. In general, exports saw a pronounced descent. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X units) was the main destination for non-numerically controlled sharpening machine exports from Portugal, accounting for a X% share of total exports. Moreover, non-numerically controlled sharpening machine exports to Spain exceeded the volume sent to the second major destination, Israel (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (X% per year) and Germany (X% per year).

In value terms, Spain ($X) remains the key foreign market for non-numerically controlled sharpening machines for working metal exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (X% per year) and Germany (X% per year).

Export Prices by Country

The average non-numerically controlled sharpening machine export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Israel ($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 Spain (X%).

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Portugal

In 2022, imports of non-numerically controlled sharpening machines for working metal into Portugal dropped to X units, with a decrease of X% on the previous year. In general, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, non-numerically controlled sharpening machine imports reduced to $X in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of non-numerically controlled sharpening machine to Portugal, accounting for a X% share of total imports. Moreover, non-numerically controlled sharpening machine imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The third position in this ranking was taken by Spain (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Spain (X% per year).

In value terms, the largest non-numerically controlled sharpening machine suppliers to Portugal were Germany ($X), China ($X) and Spain ($X), with a combined X% share of total imports.

In terms of the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of 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 non-numerically controlled sharpening machine import price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :