Portugal: Hide Preparing Machinery Market 2025

Hide Preparing Machinery Market Size in Portugal

The Portuguese hide preparing machinery market soared to $X in 2022, rising by 33% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a significant expansion. Hide preparing machinery consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Hide Preparing Machinery Exports

Exports from Portugal

In 2022, shipments abroad of machinery for preparing, tanning or working hides, skins or leather increased by 72% to X units, rising for the second year in a row after two years of decline. Overall, exports recorded perceptible growth. The growth pace was the most rapid in 2021 with an increase of 1,700% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, hide preparing machinery exports fell dramatically to $X in 2022. Over the period under review, exports, however, continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2021 with an increase of 10,131%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Morocco (X units) was the main destination for hide preparing machinery exports from Portugal, accounting for a 58% share of total exports. Moreover, hide preparing machinery exports to Morocco exceeded the volume sent to the second major destination, India (X units), threefold. The third position in this ranking was taken by Turkey (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Morocco totaled +43.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+1.6% per year) and Turkey (0.0% per year).

In value terms, India ($X), Turkey ($X) and Morocco ($X) appeared to be the largest markets for hide preparing machinery exported from Portugal worldwide, together accounting for 92% of total exports.

Morocco, with a CAGR of +24.9%, recorded 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

In 2022, the average hide preparing machinery export price amounted to $X per unit, declining by -52.7% against the previous year. Overall, the export price recorded a abrupt decrease. The growth pace was the most rapid in 2021 an increase of 468%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Morocco ($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 Angola (+31.4%), while the prices for the other major destinations experienced more modest paces of growth.

Hide Preparing Machinery Imports

Imports into Portugal

In 2022, approx. X units of machinery for preparing, tanning or working hides, skins or leather were imported into Portugal; with an increase of 38% compared with 2021 figures. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2013 when imports increased by 154% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, hide preparing machinery imports skyrocketed to $X in 2022. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 145% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X units), Austria (X units) and France (X units) were the main suppliers of hide preparing machinery imports to Portugal, together accounting for 96% of total imports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +121.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Austria ($X) and France ($X) were the largest hide preparing machinery suppliers to Portugal, together accounting for 96% of total imports.

In terms of the main suppliers, Austria, with a CAGR of +115.4%, saw 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

In 2022, the average hide preparing machinery import price amounted to $X per unit, waning by -3.8% against the previous year. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of 51%. Over the period under review, average import prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($X per unit) and France ($X per unit), while the price for Austria ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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