Portugal: Poultry-Keeping Machinery Market 2024

Poultry-Keeping Machinery Market Size in Portugal

The Portuguese poultry-keeping machinery market declined significantly to $X in 2022, dropping by -46.3% against the previous year. Overall, consumption continues to indicate a abrupt contraction. Poultry-keeping machinery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Poultry-Keeping Machinery Production in Portugal

In value terms, poultry-keeping machinery production declined to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 4.3%. Poultry-keeping machinery production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Poultry-Keeping Machinery Exports

Exports from Portugal

In 2022, exports of poultry-keeping machinery from Portugal surged to X units, growing by 761% against the previous year's figure. In general, exports showed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, poultry-keeping machinery exports surged to $X in 2022. Overall, exports enjoyed a noticeable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Mozambique (X units) was the main destination for poultry-keeping machinery exports from Portugal, with a 71% share of total exports. Moreover, poultry-keeping machinery exports to Mozambique exceeded the volume sent to the second major destination, Angola (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Mozambique stood at +41.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (+40.4% per year) and Spain (-9.9% per year).

In value terms, Mozambique ($X) emerged as the key foreign market for poultry-keeping machinery exports from Portugal, comprising 63% of total exports. The second position in the ranking was held by Spain ($X), with a 19% share of total exports. It was followed by Angola, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mozambique amounted to +38.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-5.1% per year) and Angola (+34.9% per year).

Export Prices by Country

In 2022, the average poultry-keeping machinery export price amounted to $X per unit, waning by -37.5% against the previous year. Over the period under review, the export price saw a deep reduction. The growth pace was the most rapid in 2018 an increase of 100%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 Cabo Verde ($X per unit), while the average price for exports to Mozambique ($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 Cabo Verde (+30.0%), while the prices for the other major destinations experienced mixed trend patterns.

Poultry-Keeping Machinery Imports

Imports into Portugal

In 2022, the amount of poultry-keeping machinery imported into Portugal plummeted to X units, with a decrease of -28.8% compared with the previous year's figure. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 297%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, poultry-keeping machinery imports reduced sharply to $X in 2022. Overall, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of 187% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X units), Spain (X units) and Italy (X units) were the main suppliers of poultry-keeping machinery imports to Portugal, with a combined 87% share of total imports. China, Hungary, Germany and Belgium lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +217.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest poultry-keeping machinery suppliers to Portugal were Spain ($X), the Netherlands ($X) and Hungary ($X), together accounting for 86% of total imports. Italy, China, Germany and Belgium lagged somewhat behind, together comprising a further 12%.

Among the main suppliers, China, with a CAGR of +91.2%, saw the highest growth rate of 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 poultry-keeping machinery import price amounted to $X per unit, with an increase of 2% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poultry-keeping machinery import price decreased by -24.5% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 51%. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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