Portugal: Market for Straw Or Fodder Balers, Including Pickup Balers 2025

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Portugal

The Portuguese straw for fodder balers market skyrocketed to $X in 2021, picking up by 24% against the previous year. In general, consumption saw resilient growth. Straw for fodder balers consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Straw Or Fodder Balers, Including Pickup Balers in Portugal

In value terms, straw for fodder balers production shrank slightly to $X in 2021 estimated in export price. Overall, production showed prominent growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 30% against the previous year. Straw for fodder balers production peaked at $X in 2020, and then fell in the following year.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports from Portugal

In 2021, the amount of straw or fodder balers, including pickup balers exported from Portugal contracted notably to X units, with a decrease of -45.7% against 2020. In general, exports showed a abrupt slump. The pace of growth was the most pronounced in 2020 when exports increased by 557%. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, straw for fodder balers exports dropped dramatically to $X in 2021. Over the period under review, exports showed a deep contraction. The growth pace was the most rapid in 2020 when exports increased by 417% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Angola (X units) was the main destination for straw for fodder balers exports from Portugal, with a 68% share of total exports. Moreover, straw for fodder balers exports to Angola exceeded the volume sent to the second major destination, France (X units), threefold. The third position in this ranking was held by Morocco (X units), with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Angola totaled +30.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+500.0% per year) and Morocco (0.0% per year).

In value terms, Angola ($X) emerged as the key foreign market for straw or fodder balers, including pickup balers exports from Portugal, comprising 78% of total exports. The second position in the ranking was held by France ($X), with a 17% share of total exports. It was followed by Spain, with a 5.2% share.

From 2012 to 2021, the average annual growth rate of value to Angola stood at +24.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+425.7% per year) and Spain (-26.8% per year).

Export Prices by Country

In 2021, the average straw for fodder balers export price amounted to $X per unit, surging by 32% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 103% against the previous year. The export price peaked at $X per unit in 2012; afterwards, it flattened through to 2021.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Angola ($X per unit), while the average price for exports to Morocco ($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 Spain (+1.4%), while the prices for the other major destinations experienced a decline.

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports into Portugal

Straw for fodder balers imports into Portugal was estimated at X units in 2021, with an increase of 8.2% against 2020. Over the period under review, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 210%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, straw for fodder balers imports totaled $X in 2021. Overall, imports saw a significant increase. The growth pace was the most rapid in 2013 with an increase of 230%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Spain (X units), Ireland (X units) and France (X units) were the main suppliers of straw for fodder balers imports to Portugal, with a combined 55% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +55.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest straw for fodder balers suppliers to Portugal were Spain ($X), Ireland ($X) and France ($X), together accounting for 61% of total imports.

Spain, with a CAGR of +48.9%, recorded the highest growth rate of 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

The average straw for fodder balers import price stood at $X per unit in 2021, surging by 1.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 23% against the previous year. As a result, import price attained the peak level of $X per unit; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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