Portugal - Crawler Tractors - Market Analysis, Forecast, Size, Trends and Insights
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Crawler Tractor Market Size in Portugal
The Portuguese crawler tractor market was finally on the rise to reach $X in 2021, after five years of decline. Over the period under review, consumption, however, showed a deep slump. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.
Crawler Tractor Production in Portugal
In value terms, crawler tractor production soared to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of 37%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.
Crawler Tractor Exports
Exports from Portugal
In 2021, approx. X units of crawler tractors were exported from Portugal; flattening at 2020 figures. Overall, exports continue to indicate a dramatic decrease. The smallest decline of -33.3% was in 2015. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, crawler tractor exports dropped significantly to $X in 2021. Over the period under review, exports saw a significant decline. The growth pace was the most rapid in 2020 when exports increased by 7,691% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
Exports by Country
Spain (X units) was the main destination for crawler tractor exports from Portugal, with a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Spain stood at -4.7%.
In value terms, Spain ($X) emerged as the key foreign market for crawler tractors exports from Portugal.
From 2012 to 2021, the average annual rate of growth in terms of value to Spain stood at -15.8%.
Export Prices by Country
The average crawler tractor export price stood at $X per unit in 2021, reducing by -65.2% against the previous year. Over the period under review, the export price saw a deep setback. The most prominent rate of growth was recorded in 2020 an increase of 108% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2012 to 2021, the rate of growth in terms of prices for France amounted to +13.1% per year.
Crawler Tractor Imports
Imports into Portugal
For the third consecutive year, Portugal recorded growth in overseas purchases of crawler tractors, which increased by 190% to X units in 2021. Over the period under review, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 300% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.
In value terms, crawler tractor imports soared to $X in 2021. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 360% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.
Imports by Country
Italy (X units), Spain (X units) and Germany (X units) were the main suppliers of crawler tractor imports to Portugal, with a combined 90% share of total imports.
From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +100.0%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X) constituted the largest supplier of crawler tractors to Portugal, comprising 61% of total imports. The second position in the ranking was taken by Italy ($X), with a 19% share of total imports. It was followed by France, with a 9.6% share.
From 2012 to 2021, the average annual growth rate of value from Germany amounted to +109.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.3% per year) and France (0.0% per year).
Import Prices by Country
In 2021, the average crawler tractor import price amounted to $X per unit, shrinking by -49.7% against the previous year. In general, the import price, however, showed a resilient increase. The pace of growth appeared the most rapid in 2020 an increase of 319%. As a result, import price reached the peak level of $X per unit, and then dropped significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Spain ($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 (+0.8%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the crawler tractor market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28925000 - (Crawler tractors) Track-laying tractors
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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