Portugal: Wood Slicing Machine Market 2022

Wood Slicing Machine Market Size in Portugal

The Portuguese wood slicing machine market surged to $X in 2021, growing by 438% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw strong growth. Wood slicing machine consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Wood Slicing Machine Exports

Exports from Portugal

In 2021, overseas shipments of splitting, slicing or paring machines increased by 102% to X units, rising for the second year in a row after two years of decline. In general, exports saw a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 141% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, wood slicing machine exports surged to $X in 2021. Overall, exports saw a mild expansion. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units) was the main destination for wood slicing machine exports from Portugal, accounting for a 47% share of total exports. Moreover, wood slicing machine exports to Spain exceeded the volume sent to the second major destination, France (X units), twofold. Germany (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain totaled +5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+14.4% per year) and Germany (-5.6% per year).

In value terms, the largest markets for wood slicing machine exported from Portugal were Spain ($X), France ($X) and Angola ($X), with a combined 77% share of total exports. Belgium, Germany and Italy lagged somewhat behind, together accounting for a further 20%.

In terms of the main countries of destination, Italy, with a CAGR of +31.5%, 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 2021, the average wood slicing machine export price amounted to $X per unit, surging by 5.3% against the previous year. In general, the export price, however, recorded a perceptible slump. The growth pace was the most rapid in 2019 an increase of 48%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Angola ($X per unit), while the average price for exports to Italy ($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 Germany (+27.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports into Portugal

In 2021, after two years of decline, there was significant growth in overseas purchases of splitting, slicing or paring machines, when their volume increased by 207% to X units. Over the period under review, imports showed buoyant growth. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, wood slicing machine imports soared to $X in 2021. Overall, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X units), Italy (X units) and China (X units) were the main suppliers of wood slicing machine imports to Portugal, together comprising 87% of total imports. The Czech Republic, Finland, Germany, France and Spain lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +35.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Finland ($X) were the largest wood slicing machine suppliers to Portugal, with a combined 68% share of total imports.

Germany, with a CAGR of +37.0%, saw the highest growth rate of 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 wood slicing machine import price stood at $X per unit in 2021, with an increase of 92% against the previous year. Over the period under review, the import price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2016 an increase of 126%. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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