Portugal: Lawn Mower Market 2024

Lawn Mower Market Size in Portugal

The Portuguese lawn mower market stood at $X in 2022, standing approx. at the previous year. Over the period under review, consumption recorded a deep reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Lawn Mower Production in Portugal

In value terms, lawn mower production rose slightly to $X in 2022 estimated in export price. In general, production recorded a drastic downturn. The pace of growth was the most pronounced in 2018 when the production volume increased by 20% against the previous year. Lawn mower production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Lawn Mower Exports

Exports from Portugal

In 2022, after two years of growth, there was significant decline in shipments abroad of mowers for lawns, parks, golf courses or sports grounds, when their volume decreased by -59.1% to X units. In general, exports, however, continue to indicate a noticeable increase. The pace of growth appeared the most rapid in 2016 when exports increased by 141% against the previous year. The exports peaked at X units in 2021, and then contracted sharply in the following year.

In value terms, lawn mower exports contracted dramatically to $X in 2022. Overall, exports, however, enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2021 when exports increased by 98% against the previous year. As a result, the exports attained the peak of $X, and then dropped remarkably in the following year.

Exports by Country

France (X units), Spain (X units) and Angola (X units) were the main destinations of lawn mower exports from Portugal, with a combined 77% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +34.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lawn mower exported from Portugal were France ($X), Spain ($X) and Angola ($X), together comprising 77% of total exports.

Spain, with a CAGR of +33.6%, recorded the highest rates of growth with regard to 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

The average lawn mower export price stood at $X per unit in 2022, growing by 4.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 23%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per unit), while the average price for exports to Spain ($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 Estonia (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn Mower Imports

Imports into Portugal

After two years of growth, supplies from abroad of mowers for lawns, parks, golf courses or sports grounds decreased by -15.6% to X units in 2022. Overall, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +19.3% against 2019 indices. The growth pace was the most rapid in 2014 when imports increased by 39%. Imports peaked at X units in 2021, and then dropped sharply in the following year.

In value terms, lawn mower imports shrank to $X in 2022. Over the period under review, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 41% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then declined in the following year.

Imports by Country

Spain (X units), China (X units) and Italy (X units) were the main suppliers of lawn mower imports to Portugal, together accounting for 61% of total imports. The Netherlands, Germany, France and Belgium lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +62.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lawn mower suppliers to Portugal were Spain ($X), China ($X) and Italy ($X), together accounting for 58% of total imports. France, Germany, the Netherlands and Belgium lagged somewhat behind, together accounting for a further 28%.

Belgium, with a CAGR of +59.7%, 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

In 2022, the average lawn mower import price amounted to $X per unit, growing by 6.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 9.2%. The import price peaked in 2022 and is likely to see steady growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform