Portugal: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in Portugal

The Portuguese fruit-preparation industrial machinery market reduced to $X in 2021, declining by -11.6% against the previous year. Over the period under review, consumption, however, enjoyed strong growth. Fruit-preparation industrial machinery consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Fruit-Preparation Industrial Machinery Production in Portugal

In value terms, fruit-preparation industrial machinery production shrank modestly to $X in 2021 estimated in export price. Overall, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +9.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +120.8% against 2012 indices. The growth pace was the most rapid in 2013 with an increase of 34%. Fruit-preparation industrial machinery production peaked at $X in 2020, and then declined modestly in the following year.

Fruit-Preparation Industrial Machinery Exports

Exports from Portugal

After two years of decline, shipments abroad of industrial machinery for the preparation of fruits, nuts or vegetables increased by 245% to X units in 2021. In general, exports, however, showed a significant curtailment. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, fruit-preparation industrial machinery exports soared to $X in 2021. Over the period under review, exports posted a resilient expansion. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa (X units), Switzerland (X units) and Belgium (X units) were the main destinations of fruit-preparation industrial machinery exports from Portugal, with a combined 66% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +31.6%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Belgium ($X) and France ($X) appeared to be the largest markets for fruit-preparation industrial machinery exported from Portugal worldwide, together accounting for 92% of total exports.

Belgium, with a CAGR of +112.7%, saw the highest growth rate of the value of exports, in terms of 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 fruit-preparation industrial machinery export price stood at $X per unit in 2021, increasing by 560% against the previous year. Over the period under review, the export price continues to indicate significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to Switzerland ($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 Belgium (+80.3%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit-Preparation Industrial Machinery Imports

Imports into Portugal

In 2021, the amount of industrial machinery for the preparation of fruits, nuts or vegetables imported into Portugal reduced rapidly to X units, which is down by -19.5% on the previous year. Over the period under review, imports, however, saw buoyant growth. The growth pace was the most rapid in 2020 with an increase of 260% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, fruit-preparation industrial machinery imports expanded remarkably to $X in 2021. In general, imports, however, showed temperate growth. The pace of growth appeared the most rapid in 2018 when imports increased by 167% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

France (X units), Spain (X units) and China (X units) were the main suppliers of fruit-preparation industrial machinery imports to Portugal, with a combined 69% share of total imports. Brazil, the United States, Italy, the UK, Belgium and the Netherlands lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +73.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fruit-preparation industrial machinery suppliers to Portugal were France ($X), Spain ($X) and Italy ($X), together comprising 79% of total imports. Brazil, the United States, Belgium, the UK, the Netherlands and China lagged somewhat behind, together comprising a further 18%.

In terms of the main suppliers, Brazil, with a CAGR of +72.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fruit-preparation industrial machinery import price stood at $X per unit in 2021, surging by 37% against the previous year. In general, the import price, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 63% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, 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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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