Portugal: Construction Equipment Blade Market 2024

Construction Equipment Blade Market Size in Portugal

In 2023, the Portuguese construction equipment blade market increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption, however, showed a deep setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Construction Equipment Blade Production in Portugal

In value terms, construction equipment blade production dropped markedly to $X in 2023 estimated in export price. Over the period under review, production, however, showed a deep slump. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Construction equipment blade production peaked at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Construction Equipment Blade Exports

Exports from Portugal

Construction equipment blade exports from Portugal soared to X units in 2023, rising by X% compared with 2022 figures. Over the period under review, exports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at X units in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, construction equipment blade exports skyrocketed to $X in 2023. Overall, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

Angola (X units) and Mozambique (X units) were the main destinations of construction equipment blade exports from Portugal.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mozambique (with a CAGR of X%).

In value terms, Angola ($X) remains the key foreign market for blades for construction equipment exports from Portugal, comprising X% of total exports. The second position in the ranking was held by Mozambique ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to Angola amounted to X%.

Export Prices by Country

In 2023, the average construction equipment blade export price amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price recorded a pronounced decrease. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per unit), while the average price for exports to Mozambique totaled $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced mixed trend patterns.

Construction Equipment Blade Imports

Imports into Portugal

Construction equipment blade imports into Portugal surged to X units in 2023, increasing by X% compared with 2022 figures. Over the period under review, imports continue to indicate tangible growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of X units. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, construction equipment blade imports skyrocketed to $X in 2023. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Italy (X units) constituted the largest construction equipment blade supplier to Portugal, with a X% share of total imports. Moreover, construction equipment blade imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), eightfold. The Netherlands (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2023, the average annual growth rate of volume from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the Netherlands (X% per year).

In value terms, Italy ($X) constituted the largest supplier of blades for construction equipment to Portugal, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average construction equipment blade import price stood at $X per unit in 2023, increasing by X% against the previous year. Over the period under review, the import price, however, saw a slight decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2023, 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 the Czech Republic ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Angola (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform