Portugal: Wheeled Dozer Market 2024

Wheeled Dozer Market Size in Portugal

In 2022, the Portuguese wheeled dozer market was finally on the rise to reach $X after two years of decline. In general, consumption posted a significant expansion. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Wheeled Dozer Production in Portugal

In value terms, wheeled dozer production reduced to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by 11% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Wheeled Dozer Exports

Exports from Portugal

After two years of decline, shipments abroad of wheeled dozers decreased by -64% to X units in 2022. Overall, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 60%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, wheeled dozer exports reduced sharply to $X in 2022. In general, exports saw a precipitous decline. The pace of growth was the most pronounced in 2019 when exports increased by 95% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units) was the main destination for wheeled dozer exports from Portugal, with a 67% share of total exports. Moreover, wheeled dozer exports to Spain exceeded the volume sent to the second major destination, Vietnam (X units), sixfold. Bolivia (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Spain stood at -7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (0.0% per year) and Bolivia (0.0% per year).

In value terms, Spain ($X) remains the key foreign market for wheeled dozers exports from Portugal, comprising 66% of total exports. The second position in the ranking was taken by Vietnam ($X), with a 14% share of total exports. It was followed by Bolivia, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain totaled -16.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (-1.2% per year) and Bolivia (+11.0% per year).

Export Prices by Country

The average wheeled dozer export price stood at $X per unit in 2022, shrinking by -11.7% against the previous year. In general, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 30%. The export price peaked at $X per unit in 2013; however, from 2014 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 Vietnam ($X per unit), while the average price for exports to Angola ($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 Bolivia (+11.0%), while the prices for the other major destinations experienced a decline.

Wheeled Dozer Imports

Imports into Portugal

After two years of decline, purchases abroad of wheeled dozers increased by 117% to X units in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 3,025% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wheeled dozer imports soared to $X in 2022. In general, imports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2019 when imports increased by 2,758% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Spain (X units), Angola (X units) and the Netherlands (X units) were the main suppliers of wheeled dozer imports to Portugal, with a combined 77% share of total imports. Moreover, wheeled dozer imports in Spain exceeded the figures recorded by the second-largest supplier, Angola, twofold.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Angola (with a CAGR of +20.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Finland ($X) and France ($X) were the largest wheeled dozer suppliers to Portugal, with a combined 91% share of total imports.

France, with a CAGR of +105.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average wheeled dozer import price stood at $X per unit in 2022, waning by -19.6% against the previous year. Overall, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 76%. Over the period under review, average import prices reached the maximum 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 Finland ($X per unit), while the price for Angola ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+105.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :