Portugal: Thread Rolling Machine Market 2024

Thread Rolling Machine Market Size in Portugal

The Portuguese thread rolling machine market soared to $X in 2022, increasing by 225% against the previous year. Over the period under review, consumption posted prominent growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Thread Rolling Machine Production in Portugal

In value terms, thread rolling machine production reached $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 9.2%. Thread rolling machine production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Thread Rolling Machine Exports

Exports from Portugal

In 2022, exports of thread rolling machines for working metal, sintered metal carbides or cermets from Portugal surged to X units, growing by 140% against the previous year. In general, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 650% against the previous year. Over the period under review, the exports attained the maximum at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, thread rolling machine exports soared to $X in 2022. Overall, exports enjoyed prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of 1,712%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Mozambique (X units), the United Arab Emirates (X units) and Angola (X units) were the main destinations of thread rolling machine exports from Portugal, with a combined 92% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mozambique (with a CAGR of +4.9%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) emerged as the key foreign market for thread rolling machines for working metal, sintered metal carbides or cermets exports from Portugal, comprising 79% of total exports. The second position in the ranking was held by Mozambique ($X), with an 8% share of total exports. It was followed by Angola, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (-4.5% per year) and Angola (-16.1% per year).

Export Prices by Country

In 2022, the average thread rolling machine export price amounted to $X per unit, waning by -17.7% against the previous year. In general, the export price saw a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 806%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to the UK ($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 Mozambique (-9.0%).

Thread Rolling Machine Imports

Imports into Portugal

In 2022, thread rolling machine imports into Portugal soared to X units, picking up by 1,400% against the previous year's figure. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2017 when imports increased by 4,800% against the previous year. Over the period under review, imports attained the peak figure at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, thread rolling machine imports dropped to $X in 2022. Overall, imports, however, saw a abrupt slump. The growth pace was the most rapid in 2017 when imports increased by 29,692% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), France (X units) and India (X units) were the main suppliers of thread rolling machine imports to Portugal, with a combined 93% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +23.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and France ($X) were the largest thread rolling machine suppliers to Portugal, with a combined 99% share of total imports.

Among the main suppliers, Italy, with a CAGR of +20.3%, recorded 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

The average thread rolling machine import price stood at $X per unit in 2022, waning by -94% against the previous year. Over the period under review, the import price faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 an increase of 947%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Italy ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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