Portugal: Stone Sawing Machine Market 2023

Stone Sawing Machine Market Size in Portugal

The Portuguese stone sawing machine market soared to $X in 2021, surging by 16% against the previous year. Overall, consumption saw strong growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Stone Sawing Machine Production in Portugal

In value terms, stone sawing machine production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production posted a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 142%. Stone sawing machine production peaked in 2021 and is likely to see gradual growth in the near future.

Stone Sawing Machine Exports

Exports from Portugal

In 2021, the amount of sawing machines for working stone, ceramics and concrete exported from Portugal skyrocketed to X units, growing by 48% on 2020. Over the period under review, exports continue to indicate a mild expansion. The growth pace was the most rapid in 2017 when exports increased by 124% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, stone sawing machine exports surged to $X in 2021. Overall, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 256% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units), Spain (X units) and the Czech Republic (X units) were the main destinations of stone sawing machine exports from Portugal, with a combined 68% share of total exports. Angola, Palestine, Lebanon, France and Algeria lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Palestine (with a CAGR of +183.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Spain ($X) and the Czech Republic ($X) were the largest markets for stone sawing machine exported from Portugal worldwide, together comprising 73% of total exports. Angola, France, Lebanon, Palestine and Algeria lagged somewhat behind, together accounting for a further 21%.

France, with a CAGR of +58.3%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average stone sawing machine export price amounted to $X per unit, waning by -20.5% against the previous year. Overall, the export price, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2013 an increase of 325% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to Palestine ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Sawing Machine Imports

Imports into Portugal

In 2021, approx. X units of sawing machines for working stone, ceramics and concrete were imported into Portugal; rising by 19% against 2020. Overall, imports showed a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of 102% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, stone sawing machine imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 57% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Italy (X units), Spain (X units) and Brazil (X units) were the main suppliers of stone sawing machine imports to Portugal, with a combined 95% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +89.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and Brazil ($X) were the largest stone sawing machine suppliers to Portugal, with a combined 96% share of total imports.

Brazil, with a CAGR of +74.3%, saw the highest rates of growth with regard to the value of imports, in terms of 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 stone sawing machine import price stood at $X per unit in 2021, rising by 1.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 25% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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