Portugal: Wood Milling Machine Market 2024

Wood Milling Machine Market Size in Portugal

The Portuguese wood milling machine market fell to $X in 2022, with a decrease of X% against the previous year. Overall, consumption continues to indicate a abrupt shrinkage. Wood milling machine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Wood Milling Machine Production in Portugal

In value terms, wood milling machine production reduced to $X in 2022 estimated in export price. Overall, production recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Wood Milling Machine Exports

Exports from Portugal

In 2022, the amount of planing, milling or moulding machines exported from Portugal surged to X units, increasing by X% compared with the year before. In general, exports continue to indicate notable growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, wood milling machine exports soared to $X in 2022. Over the period under review, exports posted a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Spain (X units), Germany (X units) and Mozambique (X units) were the main destinations of wood milling machine exports from Portugal, with a combined X% share of total exports. Angola, Brazil, Italy, South Africa, Morocco, France and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, Spain ($X) remains the key foreign market for planing, milling or moulding machines exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Angola, with a X% share.

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

Export Prices by Country

In 2022, the average wood milling machine export price amounted to $X per unit, rising by X% against the previous year. In general, the export price showed a temperate increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Morocco ($X per unit), while the average price for exports to the UK ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Milling Machine Imports

Imports into Portugal

In 2022, imports of planing, milling or moulding machines into Portugal fell to X units, waning by X% compared with the previous year. In general, imports showed a pronounced setback. The pace of growth was the most pronounced in 2016 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, wood milling machine imports dropped to $X in 2022. Overall, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

China (X units), Spain (X units) and Italy (X units) were the main suppliers of wood milling machine imports to Portugal, with a combined X% share of total imports. Turkey, Poland, Belgium, France, the Czech Republic, Germany and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and China ($X) were the largest wood milling machine suppliers to Portugal, with a combined X% share of total imports. Turkey, France, Belgium, Poland, Germany, the Czech Republic and the UK lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, saw 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

The average wood milling machine import price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then fell modestly in the following year.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :